Paterson Homes under $500,000

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Newest Paterson Homes under $500,000

$342,500

2 Beds ⋅ 2 Baths ⋅ Garrett Heights BLDG.

Move -in ready, ground-floor unit in sought-after Garret Heights w/ amazing mountain & skyline views! Features an eat-in kitchen, newer oven & microwave (2023) & breakfast bar. Formal DR w/ sliders to private patio, where you an experience breath-taking views. Cozy Living Room w/wood burning fireplace, spacious Primary Bedroom w/ 2 large closets & a primary bathroom complete w/ Jacuzzi tub & a separate stall shower. Good sized second bedroom offers ample storage w/ its deep walk-in closet. Laminate flooring, new water heater (2024), newer HVAC system & in-unit laundry. Walk to Garret Mountain Reservation. Close to highways, shopping, and transportation. All appliances included. Pet friendly. 2 Pets allowed, $50/year per dog. Sold as-is including chimney and fireplace. No known issues. NOT FHA Approved. Priced aggressively to move! Management Company requires $350.00 move-in-move out fee, 3 months maintenance upfront, ($1,335), 1month capital reserve($445) and 1 month maintenance in advance($445). Buyer or buyer's agent can call Management Company to confirm..

62 Amethyst Ln Unit 276, Paterson

Listing courtesy of Listing Agent: John Pordon (genjopo@aol.com) from Listing Office: Century 21 Gold Properties Realty, Inc.

$499,000

4 Beds ⋅ 3 Baths

Excellent opportunity to own a two-family property in a convenient downtown location near the train station. The property features two separate units, one on the first floor and one on the second floor, each offering 2 bedrooms and 1 full bath, along with a fully finished basement providing valuable additional space. The property currently produces a total rent roll of $5,000 per month. All tenants are on month-to-month leases, providing added flexibility for a buyer who may want to occupy one of the units while continuing to collect rental income from the other. Well suited for both an owner-occupant looking to offset housing costs and an investor seeking an income-producing property, this two-family offers a flexible layout, established rental income, and a strong downtown location with convenient access to transportation, shopping, dining, and the train station. This property also qualifies for a low down payment, low interest rate loan as well as down payment assistance for first time buyers. Call the listing agent now for more details.

14-16 Pearl St, Paterson

Listing courtesy of Listing Agent: Alexandros Mouzakitis () from Listing Office: Alexander Anderson Real Estate Group.

$449,000

4 Beds ⋅ 2 Baths

Opportunity awaits with this spacious two-family home offering a flexible layout, rental income potential, and plenty of possibilities for an owner-occupant or investor. Each unit features 2 bedrooms, 1 full bathroom, an eat-in kitchen, and a comfortable living room. The property also offers additional bonus space throughout. The basement includes two bonus rooms and a convenient walk-out, while the attic features an additional bonus room with a separate entrance. Outside, enjoy a sizable yard with room for entertaining, recreation, or future possibilities. For the next owner, this home presents a great opportunity to make thoughtful updates, add value, and tailor the space to their vision. Both units are currently tenant-occupied on a month-to-month basis, offering existing rental income potential along with added flexibility for the next owner. On-street parking available. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property offers multiple possibilities. Bring your vision and make this two-family home your own!

1044 22nd St, Paterson

Listing courtesy of Listing Agent: Brittany Reed () from Listing Office: CQR Continental Quality Realty.

$469,900

5 Beds ⋅ 3 Baths

2-Unit Multi-Family with Strong Cash Flow & Upside Potential. This income-producing 2-family property offers immediate rental income with additional upside in a convenient location. The building includes three separate units: a 3-bedroom, 1-bath first-floor unit, a 2-bedroom, 1-bath second-floor unit, and a finished 2-bedroom, 1-bath basement apartment ideal for maximizing rental potential. The basement unit adds further income potential, making this a strong opportunity for investors seeking both cash flow and future growth.Each unit features a functional living and kitchen layout, with refrigerators and microwaves included. The basement unit benefits from its own split AC system, while upper units utilize window units. There is no on-site parking, with street parking available, and a shared backyard area offers outdoor space for tenants. Whether you're expanding your portfolio or looking for a multi-unit with built-in upside, this property delivers a compelling mix of current income, tenant stability, and value-add potential.

94 Manchester Ave, Paterson

Listing courtesy of Listing Agent: Matthew Gevirtz () from Listing Office: EXP Realty, LLC.

$400,000

7 Beds ⋅ 3 Baths

15 Southard St, Paterson

Listing courtesy of Listing Agent: Stephanie Cruz () from Listing Office: Realty One Group Living.

$289,000

1 Beds ⋅ 1 Baths ⋅ The Loft Commons BLDG.

Welcome to The Loft Commons in South Paterson, where NYC-inspired loft living meets everyday convenience. This One-Bedroom, One-Bath condo features 15 foot ceilings, exposed brick, oversized windows and an open layout filled with natural light. The recently renovated kitchen adds a fresh, modern touch, featuring striking dark Dekton countertops. Their sleek finish complements the loft's industrial details, while the durable, easy-to-maintain surface makes the kitchen practical as it is beautiful. Enjoy access to NYC- bound transportation and route 80 and 46, plus South Paterson's vibrant Middle Eastern and Mediterranean dining scene. A rare opportunity to experience a distinctive loft in a location that connects you to it all.

366-382 Trenton Unit 4G, Paterson

Listing courtesy of Listing Agent: Melina M. Salazar (MmsalazarRE@gmail.com) from Listing Office: Realty One Group Legend, Clifton.

$475,000

4 Beds ⋅ 3 Baths

Adorable Cape, definitely not a drive-by! Much larger than it appears from the street, this spacious home offers 4 bedrooms, 3 full bathrooms, and a fully finished basement on a 50 x 97 lot. The welcoming entry leads to a bright, cozy living room with an open flow into the dining area and kitchen, creating a comfortable space for everyday living and entertaining. The first floor features two generously sized bedrooms and a full bathroom. Upstairs, you will find two additional spacious bedrooms and another full bathroom. The finished basement adds valuable living space, featuring high ceilings, a large family room, summer kitchen, third full bathroom, and bonus room adjoining the utility and laundry area. This flexible space is ideal for storage, an office, recreation, or guests. Additional features include hardwood floors, central air conditioning, forced hot-air heat, a newer furnace, and a newer hot water heater. Enjoy the large backyard, perfect for gatherings, barbecues, entertaining, or relaxing outdoors. A large storage shed provides added convenience, while the covered side area offers comfortable outdoor space even on rainy days. The property also includes a driveway and is conveniently located near major highways, transportation, bakeries, restaurants, shopping, and other neighborhood amenities. With 4 bedrooms, 3 full bathrooms, a finished basement, driveway, and large backyard, this home is definitely worth seeing in person!

275-279 Dakota St, Paterson

Listing courtesy of Listing Agent: Ana M. Oti () from Listing Office: The Bixler Group, LLC.

$365,000

2 Beds ⋅ 2 Baths

15 Boulder Run Rd, Paterson

Listing courtesy of Listing Agent: Ataullah Barnes () from Listing Office: Realty One Group Prodigy.

$449,999

6 Beds ⋅ 2 Baths

Your investment search ends here! Great investment opportunity in Paterson's Northside section! This recently updated two-family home offers a total of 6 bedrooms and 2 full bathrooms with updated flooring throughout both units.Unit 1 features 2 bedrooms, 1 full bathroom, updated finishes, and laminate flooring throughout. Currently rented for $1,800/month and scheduled to be delivered vacant by the end of September.Unit 2 features 3 bedrooms, 1 full bathroom, spread across two floors, with updated finishes and laminate flooring throughout. Currently rented for $1,880/month.Both units are currently occupied and will be month-to-month by the end of August, offering flexibility for an investor. Combined current rental income is $3,680/month.Conveniently located in Paterson's Northside section, close to local amenities, shopping, transportation, and major roadways. Property is being sold strictly AS-IS and is located in a flood zone.

39 Hillman St, Paterson

Listing courtesy of Listing Agent: Leonardo Tatis () from Listing Office: Keller Williams Village Square Realty.

$474,999

4 Beds ⋅ 2 Baths

Welcome to your dream property in the Northside Section of Paterson! This spacious and stylishly renovated two-family property is a dream come true for homeowners or investors alike. Featuring beautifully redone rooms with modern finishes, this building offers the perfect blend of comfort, functionality, and income potential. The first-floor unit features 2 bedrooms, a dedicated office space, and 1 full bathroom, an in-unit washer and dryer, updated with stylish finishes and a practical layout. The second-floor unit features 3 bedrooms and 1 bathroom, an in-unit washer and dryer, and a bright open layout with a modern kitchen complete with an island. The entire building is equipped with brand-new furnaces and boilers, ensuring comfort and efficiency year-round. This property is close to schools, shopping, and public transportation. Don't miss out on the chance to own this move-in-ready, fully updated property offering both residential comfort and income potential!

168 Main St, Paterson

Listing courtesy of Listing Agent: David E. Arteaga () from Listing Office: Keller Williams Prosperity Realty.

$399,000

4 Beds ⋅ 3 Baths

Welcome to 671 E 29th Street! This spacious single-family home offers 4 bedrooms, 1 full bath, and 2 half baths, along with a full basement featuring walk-out access and a third floor with additional rooms and storage. Located in an R-2 zoning district, the property may offer the potential to be converted into a two-family home, subject to all required approvals, permits, and municipal requirements. Buyers are encouraged to conduct their own due diligence regarding zoning, use, and conversion possibilities. Inside, you'll find a traditional layout, generously sized rooms, and flexible living space ready to be transformed to suit your vision. Classic character, flexible space, and exciting potential make this property an excellent opportunity for an owner-occupant, investor, or buyer looking to create something special. The home is being sold strictly AS-IS. Buyers are encouraged to perform their own inspections and due diligence. A one-year home warranty can be included with the sale for added peace of mind. Bring your ideas and unlock the possibilities at 671 E 29th Street!

671 E 29th St, Paterson

Listing courtesy of Listing Agent: Brittany Reed () from Listing Office: CQR Continental Quality Realty.

$399,900

3 Beds ⋅ 1 Baths

Nice side hall colonial with lovely front porch. It has three bedrooms and one full bath. The rear yard is very deep with a two car garage. It has an extra long paved driveway for at least eight cars. The house is conveniently located near route 80 and the parkway it is near public transportation. There are hardwood floors on the first floor.

160-162 Florida Ave, Paterson

Listing courtesy of Listing Agent: Joanne English Rollieson () from Listing Office: English Realty.

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board logo The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Century 21 AG Realty Group are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: . Source: New Jersey Multiple Listing Service, Inc. “2026 New Jersey Multiple Listing Service, Inc. All rights reserved.”