For Sale3d on market
116 Redwood Ave
Paterson, NJ, 07522 • Totowa • Passaic County
$830,000
Down payment assistance available
8Beds
4Baths
0.06 acLot
1940Built
Property DNA
Character Home
Built 1940 · 86 years of history
Enhanced Security
Carbon Monoxide Detector(s) · Smoke Detector(s) · Carbon Monoxide Detector
3d on Market
Listed Apr 7, 2026
Market activity
Demand and pricing signals for this listing
160 views
People checking out this listing
2 saves
Buyers have saved this home
3 days on market
Just listed — act fast
About this home
Multi Family · Built 1940
Spacious and well-maintained 2 family home located in a highly desirable area of Paterson; perfect for investors or owner occupants! The first floor unit offers living room, an eat-in kitchen, 4 generously sized bedrooms and 1 full bathroom. The second floor unit features living room, eat-in kitchen, 4 bedrooms, including a primary (master) bedroom with a private en-suite bathroom, plus and additional full bathroom. The property includes a fully finished basement, ideal for extra living space, recreation or storage. Recent upgrades provide peace of mind, including a new roof (2024), newer flooring throughout (2024), updated heating system components (2019), and a brand new water heater (2025) with a 10-year warranty. Conveniently located near schools, restaurants, shopping centers, public transportation and major routes offering easy access to everyday conveniences and commuting. Don't miss this excellent opportunity!
Estimated monthly payment
Based on current rates
$5,202/month
Principal & Interest$4,096
Property Tax$830
Insurance$277
Down payment20% ($166,000)
3%50%
Est. 6.27% rate · 30yr fixed · $664,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1940
Heating2 Units, Natural Gas
CoolingSee Remarks
ParkingOn Street
Days on Zillow3 Days
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1940
Stories2
Systems
Heating2 Units, Natural Gas
CoolingSee Remarks
RoofAsphalt Shingle
ConstructionAluminum Siding, Brick
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingOn Street
BasementYes,Finished
Lot2,613 sqft
Location & Tax
NeighborhoodTotowa
Annual tax$10,760
Parcel0800909000000039
Bathrooms & Fees
Full baths4
Features & details
9 categories of property features
Interior Features
Interior
Bedrooms
Eat-in Kitchen
Living/Dining Room
Eat-In Kitchen
Appliances
See Remarks
Heating
2 Units
Natural Gas
Cooling
See Remarks
Exterior Features
Parking
On Street
Construction
Aluminum Siding
Brick
Security
Carbon Monoxide Detector(s)
Smoke Detector(s)
Carbon Monoxide Detector
Smoke Detector
Utilities
Electricity Connected
Natural Gas Connected
See Remarks
Gas
Gas-Natural
Listing insights
Market data and value estimates
StatusFor Sale
Days on market3
Est. value$846,900
Est. rent$2,749/mo
Tax rate2.28%
On marketApr 7, 2026
PostedApr 7, 2026
Last sold$210,000
MLS statusActive
MLS updatedApr 9, 2026
Tour days9
Views160
Favorites2
How are the schools in Paterson?
3 schools rated nearby
Location
Paterson, NJ, 07522
Price history
3 events
DateEventPrice$/sqftSource
Apr 7, 2026Listed For Sale$830,000—GSMLS
Oct 10, 2015Sold$210,000—GSMLS
Jan 26, 2007Sold$275,000—Public Record
Listed For Sale$830,000
Apr 7, 2026•GSMLS
Sold$210,000
Oct 10, 2015•GSMLS
Sold$275,000
Jan 26, 2007•Public Record
Tax history
18 years of records
YearTax paidAssessed value
Apr 11, 2025$10,277$201,700
Apr 11, 2024$9,889$201,700
Apr 11, 2023$9,716$201,700
Apr 11, 2022$9,028$201,700
Apr 11, 2021$9,028$201,700
Apr 11, 2020$8,053$201,700
Apr 11, 2019$8,306$194,800
Apr 11, 2018$7,925$192,000
Apr 11, 2017$8,292$190,500
Apr 11, 2016$7,850$191,100
Apr 11, 2015$7,975$191,100
Apr 11, 2014$7,546$275,000
Apr 11, 2012$6,916$275,000
Apr 11, 2011$5,847$275,000
Apr 11, 2010$7,054$275,000
Apr 11, 2009—$365,300
Apr 11, 2008—$365,300
Apr 11, 2007—$365,300
Nearby homes
Neighborhood details
Local context around this listing
Paterson, NJ • Passaic County
Nearby neighborhoods
DowntownEastsideHillcrestNorthsidePeople's ParkRiversideSandy HillSouth PatersonTotowaWrigley Park
Nearby cities
CliftonHawthorneLittle FallsPassaicPatersonRingwoodWanaqueWayne
Nearby zip codes
07501075020750307504075050750907513075140752207524
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