Pending153d on market
38-40 Redwood Ave #4
Paterson, NJ, 07522 • Totowa • Passaic County
$859,000
Down payment assistance available
15Beds
4Baths
0.1 acLot
1940Built
Property DNA
Character Home
Built 1940 · 86 years of history
Enhanced Security
Carbon Monoxide Detector(s) · Smoke Detector(s) · Carbon Monoxide Detector
Market activity
Demand and pricing signals for this listing
23 views
People checking out this listing
153 days on market
Established listing
About this home
Multi Family · Built 1940
Investment opportunity!This four units building is excellent for owner occupied or to expand an investor portfolio.First Fl left and right, two bedrooms units and the 3rd and 4th units are duplex with 6 bedrooms and 5 bedrooms.Separate utilities and an unfinished basement with a lot of potential.Located close to the park,houses of worship, school and public transportation.
Estimated monthly payment
Based on current rates
$5,320/month
Principal & Interest$4,175
Property Tax$859
Insurance$286
Down payment20% ($171,800)
3%50%
Est. 6.12% rate · 30yr fixed · $687,200 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1940
Heating4+ Units, Baseboard - Hotwater, Natural Gas
CoolingWindow Unit(s)
ParkingOpen Parking
Days on Zillow153 Days
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1940
Systems
Heating4+ Units, Baseboard - Hotwater, Natural Gas
CoolingWindow Unit(s)
RoofAsphalt Shingle
ConstructionVinyl Siding
Water / SewerPublic / Public Available
Parking & Outdoor
ParkingSee Remarks, On-Street Parking
BasementYes,Unfinished,Walk-Out Access
Lot4,356 sqft
Location & Tax
NeighborhoodTotowa
Annual tax$15,707
Parcel2508009140000000410000
Bathrooms & Fees
Full baths4
Features & details
10 categories of property features
Interior Features
Interior
Bedrooms
Eat-in Kitchen
Kitchen
Living Room
Attic
Eat-In Kitchen
Appliances
Gas Water Heater
Heating
4+ Units
Baseboard - Hotwater
Natural Gas
Cooling
Window Unit(s)
Exterior Features
Parking
See Remarks
On-Street Parking
Construction
Vinyl Siding
Lot Features
Level
Security
Carbon Monoxide Detector(s)
Smoke Detector(s)
Carbon Monoxide Detector
Smoke Detector
Utilities
Underground Utilities
Electricity Connected
Gas In Street
Cable Available
Gas
Gas In Street
Listing insights
Market data and value estimates
StatusPending
Days on market153
Tax rate2.28%
On marketNov 12, 2025
PostedNov 12, 2025
MLS statusUnder Contract
MLS updatedMar 18, 2026
Tour days6
Views23
How are the schools in Paterson?
3 schools rated nearby
Location
Paterson, NJ, 07522
Price history
4 events
DateEventPrice$/sqftSource
Mar 18, 2026Pending Sale$859,000—GSMLS
Feb 18, 2026Listed For Sale$859,000—GSMLS
Feb 6, 2026Pending Sale$859,000—GSMLS
Nov 12, 2025Listed For Sale$859,000—GSMLS
Pending Sale$859,000
Mar 18, 2026•GSMLS
Listed For Sale$859,000
Feb 18, 2026•GSMLS
Pending Sale$859,000
Feb 6, 2026•GSMLS
Listed For Sale$859,000
Nov 12, 2025•GSMLS
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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