This property offers a 3 Units mix use property. All separate utilities Fully tenant occupied, if you are looking to generate cash flow, Investors special look no further. First floor has a commercial store front unit. 2nd floor a 4 bedroom, LV, KIT, bathroom. 3rd floor 3 bedroom, LV, KIT, BATHROOM. Full unfinished basement with walkout . No attic. All separate utilities, boilers & water heaters. AS-IS SALE...
Sold for $550,000
$550,000
116-118 Belmont Ave, Paterson, NJ 07522
7beds
--sqft
Multi Family
Built in ----
-- sqft lot
$736,100 Zestimate®
$--/sqft
$2,614 Estimated rent
Home value
$736,100
$677,000 - $802,000
$2,614/mo
Zestimate® history
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Separate utilitiesCommercial store front unit
Zillow last checked:
Listing updated:
Listed by:
Runner Borges 201-989-2331,
United Real Estate
Bought with:
Outside Agent
Outside Office
Source: NJMLS,MLS#: 23035283
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Appliances
- Laundry: None
Property
Details
- Parcel number: 0800422000000008
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Paterson
Financial & listing details
- Tax assessed value: $280,500
- Annual tax amount: $13,021
- Date on market: 11/16/2023
- Listing agreement: Exclusive Right To Sell
Price history
| Date | Event | Price |
|---|---|---|
| 5/24/2024 | Sold | $550,000-6.1% |
Source:  NJMLS #23035283 Report a problem | ||
| 3/1/2024 | Pending sale | $585,800 |
Source: NJMLS #23035283 Report a problem | ||
| 11/17/2023 | Listed for sale | $585,800+485.8% |
Source: NJMLS #23035283 Report a problem | ||
| 6/6/2014 | Sold | $100,000-75.1% |
Source: Public Record Report a problem | ||
| 3/20/2006 | Sold | $402,000+27.6% |
Source: Public Record Report a problem | ||
| 6/29/2005 | Sold | $315,000+8.6% |
Source: Public Record Report a problem | ||
| 7/26/2004 | Sold | $290,000+38.1% |
Source: Public Record Report a problem | ||
| 10/2/2001 | Sold | $210,000+40% |
Source: Public Record Report a problem | ||
| 5/16/1995 | Sold | $150,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,291 +3.9% | $280,500 |
| 2024 | $13,753 +1.8% | $280,500 |
| 2023 | $13,512 +7.6% | $280,500 |
| 2022 | $12,555 | $280,500 |
| 2021 | $12,555 +12.5% | $280,500 |
| 2020 | $11,162 +6.3% | $280,500 +3.9% |
| 2019 | $10,499 +9.5% | $270,000 +11.2% |
| 2018 | $9,585 -4.1% | $242,700 +5.3% |
| 2017 | $9,997 +5.6% | $230,400 |
| 2016 | $9,465 +23.8% | $230,400 |
| 2015 | $7,647 | $230,400 +577.6% |
| 2006 | -- | $34,000 |
Find assessor info on the county website
Neighborhood: Northside
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Nearby schools
GreatSchools rating
- 2/10Rev. Dr. Frank Napier Jr. SchoolGrades: 1-8Distance: 0.4 mi
- 1/10Newcomers High SchoolGrades: 9-12Distance: 0.9 mi
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Estimated market value
$736,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$736,100
- New Jersey
- Passaic County
- Paterson
- 07522
- Northside
- 116-118 Belmont Ave
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