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    • $529,999

    1 Park Pl, Paterson City, NJ 07524

    5beds
    --sqft
    : 
    $3,917/mo
    Get pre-qualified
    Multi Family
    Built in 1940
    -- sqft lot
    $550,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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!
    45 days
    |
    317
    |
    14
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lidia Reyes 973-860-7595,

    Prestige Property Group Montclair

    Source: GSMLS,MLS#: 4040039MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Forced Air, Natural Gas
      Appliances
      • Included: See Remarks
      Features
      • Bedrooms, Kitchen, Living/Dining Room, Attic
      • Basement: Yes,Full,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 0

      Property

      Parking
      • Parking features: None
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 2,178 Square Feet
      • Dimensions: 25 x 80
      Details
      • Parcel number: 2508029150000000010000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Aluminum Siding
      • Roof: Asphalt Shingle
      Condition
      • Year built: 1940
      • Major remodel year: 2024

      Utilities & green energy

      • Gas: Gas-Natural
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Natural Gas Connected

      Community & HOA

      Location
      • Region: Paterson

      Financial & listing details

      • Tax assessed value: $365,100
      • Annual tax amount: $5,900
      • Date on market: 7/11/2026
      • Total actual rent: 0
      • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

        Estimated market value

        $550,700

        $523,000 - $578,000

        $2,660/mo

        Price history

        DateEventPrice
        7/9/2026Listed for sale$529,999-5.2%
        Source: NJMLS #26025846 Report a problem
        10/30/2025Listing removed$559,000
        Source: NJMLS #25036220 Report a problem
        10/9/2025Listed for sale$559,000-4.4%
        Source: GSMLS #3991703 Report a problem
        10/7/2025Listing removed$585,000
        Source: NJMLS #25032561 Report a problem
        9/24/2025Price change$585,000-2.3%
        Source: GSMLS #3985726 Report a problem
        9/11/2025Listed for sale$599,000+14.1%
        Source: NJMLS #25032561 Report a problem
        6/28/2024Sold$525,000+5%
        Source: GSMLS #3905085 Report a problem
        6/13/2024Pending sale$500,000
        Source: NJMLS #24017036 Report a problem
        5/31/2024Listed for sale$500,000+73%
        Source: NJMLS #24017036 Report a problem
        12/27/2019Listing removed$289,000
        Source: GOYBURU REALTY, LLC #3533917 Report a problem
        3/20/2019Price change$289,000-3.3%
        Source: GOYBURU REALTY, LLC #3533917 Report a problem
        3/12/2019Listed for sale$299,000+536.2%
        Source: GOYBURU REALTY, LLC #3533917 Report a problem
        1/13/2019Listing removed$1,400
        Source: Go Section8 Report a problem
        12/13/2018Listed for rent$1,400
        Source: Go Section8 Report a problem
        11/28/2016Sold$47,000-27.7%
        Source: GSMLS #3304045 Report a problem
        8/31/2016Price change$65,000-19.8%
        Source: Coldwell Banker Garden State #1618374 Report a problem
        8/11/2016Price change$81,000-9%
        Source: Coldwell Banker Garden State #1618374 Report a problem
        7/7/2016Price change$89,000-5.3%
        Source: Coldwell Banker Garden State #1618374 Report a problem
        6/7/2016Price change$94,000-9.6%
        Source: Coldwell Banker Garden State Homes #1618374 Report a problem
        5/4/2016Listed for sale$104,000+5.1%
        Source: Homepath Report a problem
        5/12/2015Listing removed$99,000
        Source: Nicholas Real Estate #3036482 Report a problem
        11/19/2014Price change$99,000+67.8%
        Source: Nicholas Real Estate #3036482 Report a problem
        10/23/2014Pending sale$59,000
        Source: Nicholas Real Estate #3036482 Report a problem
        10/23/2014Listed for sale$59,000-74.3%
        Source: Nicholas Real Estate #3036482 Report a problem
        6/19/2006Sold$230,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,635 +3.9%$110,600
        2024$5,423 +1.8%$110,600
        2023$5,328 +7.6%$110,600
        2022$4,950 $110,600
        2021$4,950 +10.7%$110,600
        2020$4,473 -3.2%$110,600 +2.2%
        2019$4,620 +4.8%$108,200 +1.3%
        2018$4,410 -7.4%$106,800 +0.8%
        2017$4,764 +5.6%$106,000 -3.5%
        2016$4,511 -34.8%$109,800
        2015$6,914 -2.5%$109,800 -53.9%
        2014$7,091 +9.1%$238,400 -7.7%
        2012$6,499 +18.3%$258,400
        2011$5,494 +10.1%$258,400
        2010$4,990 $258,400
        2009-- $258,400
        2008-- $258,400
        2007-- $258,400 +2127.6%
        2006-- $11,600
        2005-- $11,600
        2004-- $11,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: Riverside

        Getting around

        82 / 100
        Very Walkable
        38 / 100
        Some Transit
        39 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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