Renovated Paterson Multifamily with Finished Basement, Bonus Attic Space & Income PotentialA rare opportunity for investors or owner-occupants, this versatile Paterson multifamily combines income-producing potential, extensive renovations, and flexible living space in a surprisingly quiet setting. Tucked away on a one-way dead-end street with limited traffic, the property offers added privacy while remaining close to everyday conveniences. The first-floor unit features 2 bedrooms, 1 full bath, kitchen, dining room, and living room. The second floor was substantially renovated last year and offers 4 bedrooms, 1 full bath, an updated kitchen, newer flooring, and extensive interior improvements, creating a fresh, modern living environment. The finished basement, renovated approximately two years ago, adds tremendous value with a full kitchen, bathroom, separate access, and multiple bonus rooms ideal for flexible use. The attic provides two additional bonus rooms, adding even more storage and versatility. Upper levels also benefit from newer wall-mounted heating and cooling systems. With no HOA, multiple kitchens, significant improvements already completed, and additional usable space throughout, this property offers an exciting combination of current income potential and future upside.
Some nearby schools may not be within this home's attendance zone. Please check the Paterson Public School District website to verify.
Senator Frank Lautenberg School
Public K-8 • 0.3mi
2/10
Eastside High School
Public 9-12 • 0.6mi
1/10
School 21
Public PreK-8 • 0.3mi
3/10
Provided by GreatSchools
About Wrigley
Park
Wrigley Park, located between East 33rd Street and East 37th Street, is a residential and park-adjacent Paterson neighborhood with a compact street grid and a green, ballfield-centered open space. The neighborhood’s character concentrates around Wrigley Park itself, where benches, courts, and game-day energy set the local rhythm. Housing reads as practical and close-set, with a mix of small multifamily buildings and single-family homes along tree-lined blocks. The park acts as the everyday commons for walks, pickup games, and seasonal gatherings. For a broader cultural orbit, the Paterson Museum and the Great Falls National Historical Park sit nearby as signature destinations.
Provided by Walk Score and Local Logic
Market insights
262 Harrison St · $749,900
DAYS ON MARKET
48 days
The average home goes pending in 73 days.
SALE-TO-LIST
102.7%
Most homes are selling 3% above list price.
LIST PRICE
$749,900
Median list price in this area is $699,895. (7% lower than this home)
PRICE DROP
0 price drops
11% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Gas water heater
Carbon monoxide detectors installed
Bedrooms
Unit 1: 2 bedrooms
Unit 2: 6 bedrooms
Bathrooms
2 full bathrooms total (Unit 1: 1; Unit 2: 1)
Kitchen
Unit 1: Eat-in kitchen
Unit 2: Eat-in kitchen
Heating & cooling
Forced hot air heating (natural gas)
Ductless split air conditioning
Exterior features
Aluminum siding
Asphalt shingle roof
Finished basement
Home design
Two-story unit style
Year built listed as approximate
Parking
No driveway
Construction
Aluminum siding construction
Asphalt shingle roof
Utilities
All utilities are underground
Public water
Public sewer
Financial info
Two-unit property
Net operating income and gross operating income reported as 0; total operating expenses reported as 0
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
33 ft.
Lot depth
101 ft.
Lot size
—
Year renovated
—
Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Passaic County
APN
2508-03209-0000-00012-0000-
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
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Garage
—
Features
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Last updated by owner on Sep 28, 2026.
FOURTH WARD - RA-2
Fourth Ward Redevelopment Area - RA-2 District
The primary goal of this Plan, and the redevelopment effort is to bring economic and community development to the Area, and to improve the quality of life for residents and businesses in the Area. The RA-2 residential district is designed to permit a more intensive residential use of land with various types of dwellings. Density is maintained in medium range, while building height is kept low enough to be generally compatible with one and two-family residential development.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 100° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Paterson, NJ • 07501-1317
Average low and high temperatures (°F)
35°
22°
39°
24°
56°
36°
64°
45°
71°
53°
82°
64°
87°
69°
82°
63°
78°
60°
65°
48°
55°
39°
40°
26°
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 262 Harrison St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $632,000 and $795,000.
Nearby comparable homes
The Redfin Estimate uses 4 recent nearby sales, priced between $632K to $795K.