490 E 27Th St, Paterson City NJ 07514-1908

$499,000
Active
Paterson City
Bedrooms
8

About this home

CALLING ALL INVESTORS, CONTRACTORS & VALUE-ADD BUYERS! Here's your opportunity to take a diamond in the rough and bring it back to life! This income-producing two-family fixer offers a strong value-add opportunity with a desirable layout, bonus finished walkout attic, and high-ceiling unfinished walkout basement. The first floor features 3 bedrooms, 1 full bath, formal living room, dining room, and kitchen. The second floor offers another 5-bedroom, 2-bath layout with the bonus finished walkout attic providing additional flexible space. The high-ceiling unfinished walkout basement with walkout access offers plenty of potential for storage, recreation, or future improvements. With two full residential units plus additional attic and basement space, this property offers an opportunity to renovate, improve, increase functionality, and potentially build equity. Whether you're looking for your next rehab project, rental property, or long-term investment, this property is ready for your vision and renovation plan. Bring your contractor, run your numbers, and unlock the potential! Close to NYC Transportation. Sold strictly As-Is. Buyer to conduct all due diligence regarding zoning, permits, existing use, renovations, and any potential conversion or finished-space opportunities.

Taxes & fees

Annual property tax
$10,611
Tax year
2025
Tax rate
5.335

Property details

Year Built
1920
Roof (*text)
Asphalt Shingle
Lot Size Area
0.06
MLS #
4053235

Features & amenities

Year Built (*numeric)
1920
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days on market
0
Basement (*text)
Yes
Cooling (*text)
Window A/C(s)
Heating
Radiators - Steam
Lot dimensions
25X100
Property Location

40.92092, -74.14702

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
Listing source
GSMLS
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