54 Bloomfield Ave, Paterson, NJ 07503-2428

Beds
5
Baths
2
Garage
Yes

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Listed byTHE HAMDAN GROUP
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Overview

RARE BUILDABLE DOUBLE LOT opportunity in the heart of South Paterson. This renovated 2-family sits on an oversized 50x100 double corner lot with a private driveway and detached garage, a combination that is extremely hard to find in this area. What truly separates this property from others on the market is the additional development potential, including the possibility to build another 2-family or expand the existing structure (subject to buyer due diligence and municipal approvals), creating long-term upside for both investors and owner-occupants.Recent upgrades include brand new siding, brand new roof, brand new first-floor windows, and a newer furnace. The property offers two separate living spaces plus a finished basement with additional usable space, making it ideal for rental income or future value-add potential.In South Paterson, parking and land are everything, and opportunities like this rarely hit the market. Conveniently located just steps from Main Avenue, shopping, restaurants, public transportation, and major highways, this property offers strong appeal for both homeowners and tenants alike. Whether you're looking for a move-in-ready investment or a property with future expansion potential, this is a rare opportunity you do not want to miss. Private showings available now.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
5
Number of bathrooms
2
Lot size (acres)
0.11
Year built
1940

Interior features

Basement
Yes, Finished

Garage and parking

Garage parking spaces
2

Utilities

Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$10,536

Public schools

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Sourced from: Garden State MLS MLS®#: 4031670 Last checked:

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