354 Hamilton Ave

$900,000
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This exceptional project presents a unique opportunity to develop a highly sought-after 9-unit residential building in a thriving location. All necessary city approvals are in place, streamlining the development process and minimizing potential delays. Buyer will only have to apply for permits and break ground immediately. The building thoughtfully incorporates a lobby, mail and package area, stairwell, refuse and recycling room, and a studio unit on the ground floor. The 2nd and 3rd floors feature...This exceptional project presents a unique opportunity to develop a highly sought-after 9-unit residential building in a thriving location. All necessary city approvals are in place, streamlining the development process and minimizing potential delays. Buyer will only have to apply for permits and break ground immediately. The building thoughtfully incorporates a lobby, mail and package area, stairwell, refuse and recycling room, and a studio unit on the ground floor. The 2nd and 3rd floors feature a one 1 bedroom unit and three 2 bedroom units on each floor, catering to a diverse range of potential residents. 6 off-street parking spaces and a bike rack enhance resident convenience and appeal. This property has an area of 5,520 Sq Ft. This project may qualify for 20 or 30 year tax abatement subject to city approvals.

Amenities

  • Ground Floor
  • Off-Street Parking
  • Range
LISTING UPDATED: 03/13/2025 09:37 PM

Property Details for 354 Hamilton Avenue

StatusActive - Active
MLS #25002192
Days on Market329
Taxes$10,297 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS Type5+ Mixed Use
Year Built-
Lot Size-
CountyPassaic County

Location

Listing Courtesy of Century 21 A.G. Realty Group, Alexis Guilliani
Add your commute

Payment Calculator

$5,305 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,447

Property Taxes

$858

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 354 Hamilton Avenue

Summary
Location and General Information
  • Area name: Paterson
  • Street Name: Hamilton
  • County Name: PASSAIC
  • Status: Active
  • Street Number Numeric: 354
  • Zip Code: 07501
Taxes and HOA Information
  • Other Charges: True
  • Tax: $10,297
Property
Lot Information
  • Year Built: 2020's
  • Propertype ro: Munincipal Water
Property and Assessments
  • Photo Number: 2
  • CourtAppYN: No
Interior and Exterior Features
Interior Features
  • Full Baths Total: 0
  • Num of Baths: 0.0
Exterior Features
  • Roof: Asphalt
Agent
Sale and Listing Information
  • Management Phone: (973) 220-6420
  • Search Class: MIX, 5+ Mixed Use
  • List Price: $900,000.00
  • Listing Date: 01-20-2025
  • Status Date: 01-19-2025
Showing Information
  • Internet Remarks: This exceptional project presents a unique opportunity to develop a highly sought-after 9-unit residential building in a thriving location. All necessary city approvals are in place, streamlining the development process and minimizing potential delays. Buyer will only have to apply for permits and break ground immediately. The building thoughtfully incorporates a lobby, mail and package area, stairwell, refuse and recycling room, and a studio unit on the ground floor. The 2nd and 3rd floors feature a one 1 bedroom unit and three 2 bedroom units on each floor, catering to a diverse range of potential residents. 6 off-street parking spaces and a bike rack enhance resident convenience and appeal. This property has an area of 5,520 Sq Ft. This project may qualify for 20 or 30 year tax abatement subject to city approvals.
Rental
Rental Information
  • Owner pays: None

Property History for 354 Hamilton Avenue

DateEvent & SourcePriceAppreciation
Jan 19, 2025

Listed (Active)

NJMLS #25002192

$900,000
DateEvent & SourcePrice
01/19/2025

Listed (Active)

NJMLS #25002192

$900,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 354 Hamilton Avenue

This home is within Paterson Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - PK to 3
Public - PK to 5
Public - K to 8
Rating
School
Distance
Dale Avenue Elementary School
PublicPK to 2

Edward W. Kilpatrick Elementary School
PublicPK to 3

School 15
PublicPK to 5

Senator Frank Lautenberg School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

354 Hamilton Avenue is a mixed use property for sale in Paterson, NJ 07501. This property was listed for sale on January 20, 2025 by Century 21 A.G. Realty Group, it's currently listed at $900,000. This listing's school district is Paterson Public School District. Nearby schools include Dale Avenue Elementary School, Edward W. Kilpatrick Elementary School and School 15. 354 Hamilton Avenue is a 0-bed, 0-bath, mixed use property.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 A.G. Realty Group, Alexis Guilliani

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 12/15/2025 06:08 PM. Source: New Jersey Multiple Listing Service, Inc. © 2025 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 12/15/2025 06:08 PM © 2025 New Jersey Multiple Listing Service Inc. All rights reserved.