271 Wayne Ave

Paterson, NJ 07502

$730,000
Last Sold Price
7
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to your dream investment in Paterson! This meticulously crafted 2-family home seamlessly blends comfort and style. The 1st-floor unit features 4 bedrooms and 3 full baths, including a luxurious full guest suite in the basement an ideal space for accommodating guests. Ascend to the 2nd-floor unit, with 3 bedrooms and 2 full baths designed for modern living. Each unit exudes sophistication with walk-in closets in the primary bedrooms, offering ample storage and a touch of luxury to your daily...Welcome to your dream investment in Paterson! This meticulously crafted 2-family home seamlessly blends comfort and style. The 1st-floor unit features 4 bedrooms and 3 full baths, including a luxurious full guest suite in the basement an ideal space for accommodating guests. Ascend to the 2nd-floor unit, with 3 bedrooms and 2 full baths designed for modern living. Each unit exudes sophistication with walk-in closets in the primary bedrooms, offering ample storage and a touch of luxury to your daily routine. Enjoy the open-concept design allows natural light to fill the interior, creating a warm and inviting atmosphere. Enjoy a peaceful retreat within this vibrant city. This property isn't just a home; it's an investment opportunity with the potential for dual rental income. Nestled in the heart of Paterson, easy access to schools, parks, and urban conveniences awaits. Schedule a viewing today and step into a future of real estate prosperity!
  1. Listed by JONATHAN VERANO • WEICHERT REALTORS

Property Details for 271 Wayne Avenue

Directions
Union Ave to Wayne Ave past Crosby Ave
Days On Market
16
LISTING UPDATED: 02/17/2025 03:02 AM

Property Details for 271 Wayne Avenue

StatusSold
MLS #3876905
Days on Market16
Taxes$12,979 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2005
Lot Size0.08 AC / 3,484 SF
CountyPassaic County
Add your commute

Building Information for 271 Wayne Avenue

Stories-Residences2Year Built2005Building Size-Lot Size0.08 AC / 3,484 SF

Payment Calculator

$4,906 per month

30 year fixed, 6.845% Interest

Principal and Interest

$3,825

Property Taxes

$1,082

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 271 Wayne Avenue

Summary
Location and General Information
  • Active Days on Market: 17
  • County #: Passaic
  • Town Name: Paterson City
  • Block Identifier: 1014
  • Listing Type: Exclusive Right to Sell
  • Town #: 2508.0
  • Street # Display: 271.0
  • # Parking Spaces: 2
  • County Or Parish: Passaic
  • Street Name: Wayne Ave
  • Zip Code: 07502-1708
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $12,979
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 279600.0
  • Tax ID For Property: 2508-01014-0000-00010-0000-
  • Tax Rate Amount: $5
  • Tax Rate Tax: *
  • Tax Rate Year: 2022
  • Tax Year: 2022
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 2 Car Width, Blacktop
  • # Garage Spaces: 0
Property
Lot Information
  • Lot Description: Level Lot
  • Lot Identifier: 10
  • Approximate Lot Size: 37 X 92
  • Total Acres: 0.08
  • Construction Date/Year Built: 2005
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 230700.0
  • Assessment Land: 48900.0
  • Farm Assessment: No
Utilities
  • Cooling: 2 Units, Central Air
  • Services: Cable TV Available
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 2 Units, Forced Hot Air
  • Fuel Type: Electric, Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Storage Shed
Interior Features
  • Interior Features: Carbon Monoxide Detector, Smoke Detector, Walk-In Closet
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Finished, Full, Walkout
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Ceiling Fan(s), Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 1 Baths: 3.0
  • Unit 1 Bedrooms: 4
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 2.0
  • Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 1 Rent: 0.0
  • Unit 1 Room Description: Bedrooms, Dining Room, Kitchen, Laundry Room, Living Room, Master Bedroom
  • Unit 1 Rooms: 12.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 1301.0
Unit 2 Information
  • Unit 2 Appl/Equip: Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 2 Baths: 2.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 2 Rent: 0.0
  • Unit 2 Room Description: Bedrooms, Dining Room
  • Unit 2 Rooms: 8.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 700.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Expenses Include: See Remarks
  • Net Operating Income: $.00
  • Gross Operating Income: $.00
Rental
Rental Information
  • Home Warranty: false

Property History for 271 Wayne Avenue

DateEvent & SourcePriceAppreciation
Feb 16, 2024

Sold

GSMLS #3876905

$730,000
Feb 2, 2024

Under Contract

GSMLS #3876905

Dec 4, 2023

Listed (Active)

GSMLS #3876905

$675,000
DateEvent & SourcePrice
02/16/2024

Sold

GSMLS #3876905

$730,000
02/02/2024

Under Contract

GSMLS #3876905

12/04/2023

Listed (Active)

GSMLS #3876905

$675,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 271 Wayne Avenue

This home is within Paterson Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - PK to 3
Public - PK to 5
Public - K to 4
Rating
School
Distance
Dale Avenue Elementary School
PublicPK to 2

Edward W. Kilpatrick Elementary School
PublicPK to 3

School 27
PublicPK to 5

School 19
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of WEICHERT REALTORS, JONATHAN VERANO

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 08/01/2025 08:48 AM. Source: New Jersey Multiple Listing Service, Inc. © 2025 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 08/01/2025 08:48 AM © 2025 New Jersey Multiple Listing Service Inc. All rights reserved.