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!
Active
$529,999
1 Park Pl, Paterson City, NJ 07524
5beds
--sqft
Multi Family
Built in 1940
-- sqft lot
$549,000 Zestimate®
$--/sqft
$-- HOA
What's special
- 92 days
- 241
- 12
Zillow last checked:
Listing updated:
Listed by:
Lidia Reyes 973-860-7595,
Prestige Property Group Montclair
Source: GSMLS,MLS#: 4040039
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
$549,000
$522,000 - $576,000
$2,446/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Listed for sale | $529,999-5.2% |
Source:  NJMLS #26025846 Report a problem | ||
| 10/30/2025 | Listing removed | $559,000 |
Source: NJMLS #25036220 Report a problem | ||
| 10/9/2025 | Listed for sale | $559,000-4.4% |
Source:  GSMLS #3991703 Report a problem | ||
| 10/7/2025 | Listing removed | $585,000 |
Source: NJMLS #25032561 Report a problem | ||
| 9/24/2025 | Price change | $585,000-2.3% |
Source: GSMLS #3985726 Report a problem | ||
| 9/11/2025 | Listed for sale | $599,000+14.1% |
Source: NJMLS #25032561 Report a problem | ||
| 6/28/2024 | Sold | $525,000+5% |
Source: GSMLS #3905085 Report a problem | ||
| 6/13/2024 | Pending sale | $500,000 |
Source: NJMLS #24017036 Report a problem | ||
| 5/31/2024 | Listed for sale | $500,000+73% |
Source: NJMLS #24017036 Report a problem | ||
| 12/27/2019 | Listing removed | $289,000 |
Source: GOYBURU REALTY, LLC #3533917 Report a problem | ||
| 3/20/2019 | Price change | $289,000-3.3% |
Source: GOYBURU REALTY, LLC #3533917 Report a problem | ||
| 3/12/2019 | Listed for sale | $299,000+536.2% |
Source: GOYBURU REALTY, LLC #3533917 Report a problem | ||
| 1/13/2019 | Listing removed | $1,400 |
Source: Go Section8 Report a problem | ||
| 12/13/2018 | Listed for rent | $1,400 |
Source: Go Section8 Report a problem | ||
| 11/28/2016 | Sold | $47,000-27.7% |
Source: GSMLS #3304045 Report a problem | ||
| 8/31/2016 | Price change | $65,000-19.8% |
Source: Coldwell Banker Garden State #1618374 Report a problem | ||
| 8/11/2016 | Price change | $81,000-9% |
Source: Coldwell Banker Garden State #1618374 Report a problem | ||
| 7/7/2016 | Price change | $89,000-5.3% |
Source: Coldwell Banker Garden State #1618374 Report a problem | ||
| 6/7/2016 | Price change | $94,000-9.6% |
Source: Coldwell Banker Garden State Homes #1618374 Report a problem | ||
| 5/4/2016 | Listed for sale | $104,000+5.1% |
Source: Homepath Report a problem | ||
| 5/12/2015 | Listing removed | $99,000 |
Source: Nicholas Real Estate #3036482 Report a problem | ||
| 11/19/2014 | Price change | $99,000+67.8% |
Source: Nicholas Real Estate #3036482 Report a problem | ||
| 10/23/2014 | Pending sale | $59,000 |
Source: Nicholas Real Estate #3036482 Report a problem | ||
| 10/23/2014 | Listed for sale | $59,000-74.3% |
Source: Nicholas Real Estate #3036482 Report a problem | ||
| 6/19/2006 | Sold | $230,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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Neighborhood: Riverside
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