Active

$588,777

101-103 Sheridan Ave, Paterson City, NJ 07502

4beds

--sqft

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Multi Family

Built in 1977

-- sqft lot

$613,600 Zestimate^®

$--/sqft

$-- HOA

What's special

Bonus space in garage

Two-family property in good condition, move-in ready. Second floor is vacant, offering immediate occupancy for an owner-occupant or rental income opportunity. Features a fully finished basement providing additional living space or flexibility + bonus space in garage. A versatile property perfect for investors or primary residence homeowner's who want some additional income from tenants.

85 days

454

16

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Heating

2 Units, Natural Gas

Cooling

Window Unit(s)

Appliances

Included: Range/Oven - Gas

Features

Bedrooms, Kitchen
Basement: Yes,Finished
Has fireplace: No

Interior area

Total structure area: 0

Property

Parking

Total spaces: 4
Parking features: Asphalt
Uncovered spaces: 4

Features

Levels: Two
Stories: 2

Lot

Size: 3,484 Square Feet
Dimensions: 35 x 100

Details

Parcel number: 2508009060000000170000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Roof: Asphalt Shingle

Condition

Year built: 1977

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Carbon Monoxide Detector

Location

Region: Paterson

Financial & listing details

Tax assessed value: $362,800
Annual tax amount: $7,335
Date on market: 4/28/2026
Total actual rent: 1400
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
Electric utility on property: Yes

Estimated market value

$613,600

$583,000 - $644,000

$1,787/mo

Price history

Date	Event	Price
4/28/2026	Listed for sale	$588,777+546.3%
Source: GSMLS #4023716 Report a problem
5/10/2013	Sold	$91,101+15.3%
Source: Public Record Report a problem
6/7/2012	Listing removed	$79,000
Source: Weichert Corporate Headquarters Report a problem
5/19/2012	Listed for sale	$79,000-75.7%
Source: Weichert Corporate Headquarters Report a problem
5/10/2006	Sold	$325,000+91.2%
Source: Public Record Report a problem
5/6/2003	Sold	$170,000+100%
Source: Public Record Report a problem
10/17/1997	Sold	$85,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,006 +3.9%	$137,500
2024	$6,742 +1.8%	$137,500
2023	$6,623 +7.6%	$137,500
2022	$6,155	$137,500
2021	$6,155 +12.7%	$137,500
2020	$5,461 -3.2%	$137,500 +4.1%
2019	$5,641 +4.8%	$132,100 +1.3%
2018	$5,383 -4.6%	$130,400 +0.8%
2017	$5,641 +5.6%	$129,400 -0.5%
2016	$5,340 -45%	$130,000
2015	$9,718 +5.7%	$130,000 -61.2%
2014	$9,195 +9.1%	$335,100
2013	$8,428	$335,100
2012	$8,428 +18.3%	$335,100
2011	$7,124 +10.1%	$335,100
2010	$6,471	$335,100
2009	--	$335,100
2008	--	$335,100
2007	--	$335,100

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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