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285 Madison Ave, Paterson, NJ, 07524

3beds
2baths
1sqft
$530,000
$530,000price/sqft
$4,179/moest. monthly cost
$167,160/yrincome needed

About This Home

Welcome to this charming and well-maintained single-family home offering a comfortable and functional layout. This inviting residence features three spacious bedrooms and two full bathrooms, providing flexible living space to suit a variety of needs. The property includes a private driveway with ample off-street parking and a fully fenced backyard, perfect for outdoor entertaining, gardening, or enjoying your own private outdoor retreat. Conveniently located near shopping, dining, parks, and major highways, this home offers easy access to everyday amenities, commuting routes, and recreational opportunities while maintaining a peaceful residential setting.Move-in ready and thoughtfully maintained, this property presents an excellent opportunity for its next owner. Schedule your private showing today and discover all this home has to offer.

Getting Around

77
WalkingVery Walkable
37
TransitSome Transit
50
BikeBikeable

Schools

3/10
School 21Grades PK-80.5 mi
5/10

Construction

Condition

  • Year built: 1920

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Carbon Monoxide Detector,Dryer,Range/Oven-Gas,Washer,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Yes,Finished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: Formal Dining Room

Heating & Cooling

  • Heating features: Baseboard - Electric,Baseboard - Hotwater,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1
  • Total interior livable area: 1 sqft

Kitchen

  • Features: Eat-in Kitchen

Property

Details

  • Parcel number: 2508027080000000030000
  • Exclusions: Personal Property

Features

  • Fencing: Privacy

Lot

  • Lot size: 4,791 sqft
  • Lot size dimensions: 50 x 100

Parking

  • Total spaces: 3
  • Parking features: Driveway-Exclusive
  • Has uncovered spaces: Yes
  • Uncovered spaces: 3

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

  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Winter Weather

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 $2,679$32,148
Home Insurance *$309$3,708
Property Taxes $998$11,976
Electricity $193$2,318
Total$4,179$50,148
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$143,280/yr
40% on housing$125,370/yr
45% on housing$111,440/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

$530,000This listing

vs Other Active Listings

Avg $/sqft

ZIP 07524$303
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)

No zestimate history available

Price History

DateEventPrice
2026-08-07Pending sale$530,000
2026-07-21Listed for sale$530,000

For Sale by Agent

AgentGladys De Jesus
BrokerageUnited Real Estate

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