Active

$499,000

122 Spruce St, Paterson City, NJ 07501

6beds

2,500sqft

$3,957/mo

Get pre-qualified

Multi Family

Built in 1940

-- sqft lot

$-- Zestimate^®

$200/sqft

$-- HOA

What's special

Upstairs unit recently renovated

Great investment opportunity of 2 Family house located in the heart of Paterson with just minutes away to main st and all local shopping, upstairs unit recently renovated rented out lease expiring July 1st 2027, downstairs unit tenant has been there many many years and is on a month to month lease.

48 days
245
11

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Heating

Baseboard - Hotwater, Natural Gas

Cooling

See Remarks

Appliances

Included: Range/Oven - Gas, Refrigerator, Gas Water Heater

Features

Bedrooms, Kitchen, Living Room, Eat-In Kitchen
Flooring: Vinyl-Linoleum Floors, Wood
Basement: Yes,Unfinished
Has fireplace: No

Interior area

Total structure area: 2,500
Total interior livable area: 2,500 sqft

Property

Parking

Parking features: None

Features

Levels: Two
Stories: 2
Exterior features: Sidewalk

Lot

Size: 2,613 Square Feet
Dimensions: 25 x 100

Details

Parcel number: 2508052040000000080000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Roof: Built-Up

Condition

Year built: 1940
Major remodel year: 2024

Utilities & green energy

Gas: Gas In Street
Sewer: Public Sewer
Water: Public, Water Charge Extra
Utilities for property: Underground Utilities, Gas In Street

Community & HOA

Community

Security: Fire Extinguisher, Smoke Detector

Location

Region: Paterson

Financial & listing details

Price per square foot: $200/sqft
Tax assessed value: $404,000
Annual tax amount: $8,359
Date on market: 8/20/2026
Total actual rent: 3800
Tenant pays: Electricity, Gas, Tenant Pays Heat, Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Water

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/20/2026	Listed for sale	$499,000+92.7%$200/sqft
Source: GSMLS #4048035 Report a problem
8/1/2019	Listing removed	$259,000$104/sqft
Source: RE/MAX Properties Select #1907959 Report a problem
5/10/2019	Listed for sale	$259,000$104/sqft
Source: RE/MAX PROPERTIES SELECT #3535237 Report a problem
5/10/2019	Pending sale	$259,000$104/sqft
Source: RE/MAX PROPERTIES SELECT #3535237 Report a problem
2/28/2019	Listed for sale	$259,000+172.6%$104/sqft
Source: RE/MAX PROPERTIES SELECT #3535237 Report a problem
11/18/2015	Sold	$95,000-4%$38/sqft
Source: Public Record Report a problem
9/1/2015	Listed for sale	--
Source: Auction.com Report a problem
12/5/2010	Listing removed	$99,000$40/sqft
Source: Weichert Realtors #2789122 Report a problem
7/21/2010	Listed for sale	$99,000-68.1%$40/sqft
Source: Weichert Realtors #2789122 Report a problem
3/3/2008	Sold	$310,000$124/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,984 +3.9%	$156,700
2024	$7,683 +1.8%	$156,700
2023	$7,548 +7.6%	$156,700
2022	$7,014	$156,700
2021	$7,014 +10.7%	$156,700
2020	$6,333 -3%	$156,700 +2.3%
2019	$6,532 +4.8%	$153,200 +1.5%
2018	$6,232 -9.3%	$151,000 +0.8%
2017	$6,869 +5.6%	$149,800 -5.4%
2016	$6,503 -7.2%	$158,300
2015	$7,009 +5.7%	$158,300 -34.5%
2014	$6,632 +9.1%	$241,700
2013	$6,079	$241,700
2012	$6,079 +18.3%	$241,700
2011	$5,139 +10.1%	$241,700
2010	$4,667	$241,700
2009	--	$241,700
2008	--	$241,700
2007	--	$241,700