1 Park Pl, Paterson City, NJ 07524
Passaic County
Key Facts
Description
Great opportunity to own a well-maintained two-family home in Paterson! Ideal for investors seeking rental income or first-time homebuyers looking to live in one unit while generating income from the other. Conveniently located near schools, shopping, and public transportation. Don't miss this excellent investment opportunity!
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
2-Two Story
Year Built
1940
Stories
2
Lot Size
0.05 acres
Days on Market
5
MLS® Listing#
4040039
Property Features
Heating
Basement
Construction
Roof
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$5,900
Tax year 2025
Assessed Value
$365,100
Parcel Number
2508-02915-0000-00001-0000-
Directions
Highland to Park Place
Affordability Calculator
$106,000
Estimated monthly payment
$2,821/mo
Principal $423,999 · Est. interest $591,517 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Paterson City, NJ
- $614,489
- Median Listing Price
- 48
- Median Days on Market
- 1,351
- Median Sq Ft
- $428
- Median Price / Sq Ft
- 3,178
- Active Listings
- This home’s price is 14% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Paterson City, NJ.
Location
Points of Interest in Paterson City, NJ
Showing the Paterson City area map.
Nearby Schools
Iep of Paterson
School · 0.2 mi away
Blessed Sacrament School
School · 0.2 mi away
Our Lady of Lourdes
School · 0.3 mi away
The Official Paterson Public School # 10
School · 0.4 mi away
School 21
Elementary · 0.6 mi away
School 18
Elementary · 0.6 mi away
Number 12 Elementary School
Elementary · 0.7 mi away
Al-Hikmah Elementary School
Elementary · 0.8 mi away
Prospect Park School District
Elementary · 0.8 mi away
Number 1 Elementary School
Elementary · 0.8 mi away
Paterson Public School
Elementary · 0.9 mi away
PPS
School · 0.9 mi away
Gilmore Memorial Christian Academy
School · 0.9 mi away
Memorial Middle School
Secondary · 0.9 mi away
Rosa Parks High School
Secondary · 0.9 mi away
Paterson Academy
School · 1.0 mi away
Boys & Girls Club
School · 1.0 mi away
Number 4 Elementary School
Elementary · 1.0 mi away
Washington Elementary School
Elementary · 1.0 mi away
Paterson Public School
Elementary · 1.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 42 Mead St, Newark City, NJ | $374,999 | 5 | 2 | — |
| 233 Rhode Island Ave, East Orange City, NJ | $375,000 | 5 | 2 | — |
| 125 Governor St, Paterson City, NJ | $379,900 | 7 | 2 | — |
| 196 S 6Th St, Newark City, NJ | $379,999 | 5 | 3 | 3,020 |
| 205 Lake St, Newark City, NJ | $385,000 | 4 | 2 | — |
| 65 Lincoln St, East Orange City, NJ | $389,000 | 5 | 2 | — |
Moving Cost Estimate
EXIT Agents in Paterson City
Listing Courtesy: PRESTIGE PROPERTY GROUP MONTCLAIR - 9738607595