Closed$519,900
TLC ≈ $4,410/mo
4 1 979 sqft
263 Richmond Avenue #265, Paterson, NJ 07502
19 Market Street #0, Paterson, NJ 07501
$1,300
2 beds 1 baths — Built 20070 days on marketActive
About this home
Situated within one of northern New Jersey's most dynamically evolving residential sectors, this premium multi-bedroom condominium represents a highly strategic acquisition for forward-thinking real estate investors. Positioned within an iconic, beautifully preserved brick structure that seamlessly blends late-industrial architectural heritage with modern structural engineering, the asset is perfectly aligned to capture a robust slice of the regional commuter and professional rental markets. Investors seeking a turn-key property that maximizes rental yields while minimizing traditional multi-family vacancy risks will find that this location delivers an exceptional balance of strong market demand, high structural durability, and low-maintenance overhead.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 4% APR.
Your estimated payment
$424/mo
- Real estate (PITI + HOA + PMI)
- $20
- Utilities
- $335
- Transportation
- $165
- Other (entertainment)
- $143
Principal + interest$6
Property tax + insurance$14
Heating + cooling$38
Internet + TV + phone$143
Water + sewer + garbage$58
Car insurance + maintenance$165
Budget$5,000/mo
Remaining after TLC$4,576/mo
Purchase price
$1,300
Down payment
$65 (5%)
Loan amount
$1,235
APR
4%
Quick facts
Type
Condo/TH
Style
Remarks
Year built
2007
Lot size
—
Stories
4
Heating
See Remarks
Cooling
See Remarks
Water
Public
HOA
—
Annual tax
—
MLS #
2770732M
County
Passaic
At a glance
Garage (2)
Home features
Interior
None
Parking
Detached
Kitchen
Eat-in Kitchen
Flooring
See Remarks
Sewer
Public Sewer
Neighborhood — 07501
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 34,324 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 8.00% | 14.00% | 20.00% |
| Population Density | 16,116 | 1,137 | — |
| Male | 17,427 | 4,307,827 | 147,432,321 |
| Female | 16,897 | 4,525,010 | 151,655,844 |
| Never Married | 11,153 | 1,965,811 | 63,775,926 |
| Married | 6,603 | 3,647,435 | 123,120,365 |
| Separated | 3,615 | 391,239 | 12,639,686 |
| Widowed | 1,687 | 515,172 | 15,467,586 |
| Divorced | 2,225 | 529,393 | 23,075,029 |
| Number Of House Hold | 10,115 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 3.14 | 2.73 | 2.60 |
| Medial Age | 28.42 | 37.15 | 35.46 |
| Median House Hold Income | $29,377 | $63,392 | $48,276 |
| Average House Hold Income | $38,299 | $83,312 | $63,629 |
| P C I | $14,075 | $30,662 | $24,529 |
| M D I | $26,395 | $52,505 | $41,133 |
| A T H E | $36,762 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 79.22% | 81.02% | 77.74% |
(Zip) Code
7501
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
Open in Google Maps →Recently sold nearby
Listing information last refreshed 10/13/2026. Provided courtesy of VICTORIA M. BROWN via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.