70 Newark Ave, Paterson, NJ, 07503
About This Home
Knock knock! A great investment opportunity just opened up in the desirable South Paterson! Great for owner occupants and investors alike! This investment property offers a total of 4 Bedrooms and 3 Bathrooms. Each unit comes with it's own washer/dryer including the basement! All units can use some TLC however, it can be rented as is for quick rental income! Conveniently located minutes away from major highways such as Rt 80, Rt 46 and the Garden State Parkway! There are also tons of Bus stops within short distance! The Basement is unfinished with it's own washer/dryer as well as a full bathroom. Both units have separate utilities! There's plenty of Street Parking to choose from! Don't miss this opportunity! Schedule your own private tour asap!
Getting Around
Very Walkable
Good Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1950
Materials
- Roof: Asphalt Shingle
- Construction materials: Aluminum Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dryer,Washer
- Laundry features: Laundry Room
Basement
- Has basement: Yes
- Basement: Yes,Full,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Features
- Bedrooms,Eat-in Kitchen,Living Room,Pantry,Eat-In Kitchen,Kitchen
Heating & Cooling
- Heating features: 2 Units,Natural Gas
- Cooling features: Wall Unit(s)
Interior Area
- Total structure area: 1,500
- Total interior livable area: 1,500 sqft
Property
Details
- Parcel number: 2508054060000000340000
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 1,742 sqft
- Lot size dimensions: 28 x 65
Parking
- Parking features: On Street,On-Street Parking
- Has uncovered spaces: Yes
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
- Strong Wind
- Winter Weather
- Cold Wave
- Heat Wave
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,725 | $32,700 |
| Home Insurance * | $275 | $3,300 |
| Property Taxes | $1,015 | $12,180 |
| Electricity | $193 | $2,318 |
| Total | $4,208 | $50,496 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-16 | Price change | $539,000 |
| 2026-05-28 | Listed for sale | $549,000 |
For Sale by Agent
View on Zillow