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35 Garfield Ave, Paterson, NJ, 07522

4beds
2baths
0sqft
$699,900
--price/sqft
$5,388/moest. monthly cost
$215,520/yrincome needed

About This Home

Step into a rare opportunity to own a brand-new construction townhouse designed with both luxury and flexibility in mind. This property offers a 5-year tax abatement, keeping your expenses low while maximizing long-term value. Currently in the construction phase, this home gives you the unique advantage of selecting your own finishes?customize everything from flooring to fixtures and truly make it your own. Featuring premium, high-end finishes throughout, the layout is thoughtfully designed for modern living, including spacious interiors, a dedicated laundry area, and the convenience of two private garages. Secure this home early and bring your vision to life while enjoying the benefits of new construction and long-term savings.

Getting Around

75
WalkingVery Walkable
56
TransitGood Transit
42
BikeSomewhat Bikeable

Schools

1/10
Newcomers High SchoolGrades 9-120.6 mi

Construction

Condition

  • Property condition: Under Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Laundry Room

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Bedrooms,Eat-in Kitchen,Kitchen,Living Room,Eat-In Kitchen

Heating & Cooling

  • Heating features: 2 Units,Natural Gas
  • Cooling features: Ductless Split AC

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 2508002010000000230000

Lot

  • Lot size: 871.20 sqft
  • Lot size dimensions: 40 x 25

Parking

  • Total spaces: 2
  • Parking features: 1 Car Width,Attached Garage,Underground
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Uncovered spaces: 2

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
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Strong Wind
Winter Weather
Cold Wave
Heat Wave

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 $3,539$42,468
Home Insurance *$338$4,056
Property Taxes $1,318$15,816
Electricity $193$2,318
Total$5,388$64,656
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$184,731/yr
40% on housing$161,640/yr
45% on housing$143,680/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 07522$292
Passaic County$341

vs Homes Sold Last Month

Median $/sqft

ZIP 07522$288
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
2026-04-15Listed for sale$699,900
2025-10-14Sold$675,000
2021-03-18Listing removed--
2020-11-19Sold$9,120,000
2020-10-24Listed for sale$265,000
2019-05-18Listing removed$289,000
2019-03-20Price change$289,000
2019-03-12Listed for sale$299,000
2018-02-10Listing removed$2,050
2017-12-29Listed for rent$2,050
2016-02-24Sold$44,000
2015-12-19Listed for sale$47,500
2015-11-11Listing removed--
2015-09-15Listed for sale--
2014-05-18Listing removed$65,000
2014-01-22Listed for sale$65,000
2013-11-14Listing removed$65,000
2012-12-29Price change$65,000
2012-10-12Price change$70,000
2012-09-26Listed for sale$75,000
2008-06-19Sold$260,000

New Construction

AgentRandy Mercado
BrokerageChristie's Int. Real Estate Group

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