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54 Bloomfield Ave, Paterson, NJ, 07503

5beds
2baths
2,000sqft
$749,000
$375price/sqft
$5,800/moest. monthly cost
$232,000/yrincome needed

About This Home

Rare opportunity in the heart of South Paterson. Endless Opportunities at this renovated two-family that sits on an oversized 50x100 corner lot with a private driveway and detached garage, a combination that is extremely hard to find in this area. What truly sets this property apart is the ability for future expansion or potential to build an additional structure, adding a unique layer of value rarely seen in this market (subject to buyer due diligence and municipal approvals).Recent upgrades include brand new siding, a brand new roof, brand new first-floor windows, and a newer furnace. The property features two units with separate living spaces, making it ideal for both investors and first-time owner-occupants. The finished basement adds additional usable space, while the lot size and corner positioning provide flexibility and long-term value. Conveniently located just steps from Main Avenue, shopping, restaurants, public transportation, and major highways, making this an extremely accessible and desirable location for both living and renting.

Getting Around

37
WalkingCar-Dependent
50
TransitGood Transit
51
BikeBikeable

Schools

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School 11 (Newcomers)Grades 3-111.2 mi
5/10
Dr Hani Awadallah SchoolGrades PK-80.2 mi

Construction

Condition

  • Year built: 1940

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Notable Dates

  • Major remodel year: 2025

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven - Gas,Refrigerator,See Remarks,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Yes,Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Bedrooms,Kitchen,Living Room,Attic

Heating & Cooling

  • Heating features: 2 Units,See Remarks,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 2,000
  • Total interior livable area: 2,000 sqft

Property

Details

  • Parcel number: 2508068090000000010000

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 5,227 sqft
  • Features: Corner Lot
  • Lot size dimensions: 50 x 100

Parking

  • Total spaces: 4
  • Parking features: 2 Car Width,Asphalt,See Remarks,Detached Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Uncovered spaces: 4