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Bankruptcy Auction, 3 Units, Paterson NJ 189-193 Park Ave 3 Unit Apartment Building $219,000 ($73,000/Unit) Paterson, NJ 07501

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INVESTMENT HIGHLIGHTS

  • Value-Add Opportunity!
  • 3-Units.
  • Low Reserve Bankruptcy Auction.

EXECUTIVE SUMMARY

Bankruptcy Auction October 22, 2025. Low Reserve: $219,000.
This is a three unit multi-family fully vacant property on Park Avenue featuring a two and a half story building on an
oversized lot with a driveway leading to a garage in the back. All units have separate utilities. Due to property
condition, property previews will not be permitted.
For more information, see: https://auctionadvisors.com/property-details/paterson2__auction_379/

PROPERTY FACTS Under Contract

Price $219,000
Price Per Unit $73,000
Sale Type Investment
Sale Condition Distress Sale
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.10 AC
Building Size 3,420 SF
Average Occupancy 0%
No. Stories 2
Year Built 1922
Opportunity Zone Yes
Zoning R3 - Residential

AMENITIES

UNIT AMENITIES

  • Heating
Walk Score®
Walker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 37764421

  • Date on Market: 9/22/2025

  • Last Updated:

  • Address: 189-193 Park Ave, Paterson, NJ 07501

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