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9-11 Madison Ave #18, Paterson, NJ, 07524

1beds
1baths
--sqft
$235,000
--price/sqft
$1,960/moest. monthly cost
$78,400/yrincome needed

About This Home

Discover Style, Convenience & Affordability in this Modern Flair 1 Bedroom 1 Bath Condo with low monthlies+1 Deeded Parking at the Madison Riverview Boutique condo building. Contact/text Angela Cuciniello direct for more details 201.657-6084. Surrounded by urban convenience located at the crossroads of Fairlawn & Hawthorne. Step inside the recently renovated, spacious, Open Concept floor-plan where everything has been done. Boasting brand new luxury flooring thu-out, freshly painted, newly renovated luxury tiled full bath, stylish light fixtures. The Modern Kitchen features brand new appliances, plenty of cabinetry & storage for the Cook. Tranquility await in the King size Bedroom with enormous walk-in-closet for the fashionista. Benefit the convenience of an in unit full size washer/dryer laundry room, it doubles as a pantry/storage closet. Central HVAC. There is no elevator service in the building, a short flight to the 2nd floor. The Madison Riverview condo is gated with security cameras. Pets are welcome. Low Monthly HOA of $349 Includes h/c water, 1 car deeded parking #18, snow removal. Commuter options to NYC Penn Station via NJ Transit Rail is close by. CONTACT Angela Cuciniello to learn more 201. 657-6084. Inspiring lower interest rates make this an Excellent choice in lieu of renting or Opportunity for Investors alike! Don't Miss Out!

Getting Around

74
WalkingVery Walkable
43
TransitSome Transit
49
BikeSomewhat Bikeable

Schools

4/10
School 18Grades 1-80.2 mi
5/10

Construction

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • One Floor Living

Property

Details

  • Parcel number: 0802303000000003C018
  • Other equipment: Intercom

Features

  • Waterfront features: None

Parking

  • Total spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Strong Wind
Winter Weather
Cold Wave
Earthquake
Heat Wave
Tornado

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,188$14,256
Home Insurance *$137$1,644
Property Taxes $442$5,304
Electricity $193$2,318
Total$1,960$23,520
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$67,200/yr
40% on housing$58,800/yr
45% on housing$52,266/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.5%
10.5%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07524$312
Passaic County$341

vs Homes Sold Last Month

Median $/sqft

ZIP 07524$376
Passaic County$345

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-17Listed for sale$235,000
2006-05-08Sold$149,000

For Sale by Agent

AgentAngela Cuciniello
BrokerageColdwell Banker, Hoboken

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