Active

$499,900

160 Mill St, Paterson City, NJ 07501

6beds

1,760sqft

$3,964/mo

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Multi Family

Built in ----

-- sqft lot

$-- Zestimate^®

$284/sqft

$-- HOA

What's special

Great two-family property in a centralized Paterson location, offering an excellent opportunity for either owner occupancy or investment income. Conveniently located near Great Falls, Hinchliffe Stadium, St. Joseph's Hospital, and major highways. Each unit features three bedrooms, one full bathroom, eat in kitchen, living room and dining room, . The first-floor unit offers access to the backyard, while the second-floor unit features a private deck. The third floor presents tremendous potential for an additional unit, providing investors with the opportunity to create additional rental income and maximize the property's potential. The roof is approximately 9 years old. With its versatile layout, desirable location, and multiple possibilities for expansion and income, this unique two-family property is an excellent opportunity for both homeowners and investors.

53 days
237
6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Heating

1 Unit, Natural Gas

Cooling

Ceiling Fan(s)

Appliances

Included: Gas Water Heater

Features

Bedrooms, Eat-in Kitchen, Family Room, Living Room, Eat-In Kitchen
Basement: Yes,Unfinished
Has fireplace: No

Interior area

Total structure area: 1,760
Total interior livable area: 1,760 sqft

Property

Parking

Parking features: None, On Street, On-Street Parking
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2

Lot

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

Details

Parcel number: 2508052010000000110000
Zoning description: RES

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Roof: Asphalt Shingle

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected, Cable Available

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector
Subdivision: Mill Street

Location

Region: Paterson

Financial & listing details

Price per square foot: $284/sqft
Tax assessed value: $357,900
Annual tax amount: $5,980
Date on market: 8/22/2026
Total actual rent: 2800
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
8/22/2026	Listed for sale	$499,900$284/sqft
Source: GSMLS #4046970 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,712 +3.9%	$112,100
2024	$5,496 +1.8%	$112,100
2023	$5,400 +7.6%	$112,100
2022	$5,018	$112,100
2021	$5,018 +10.7%	$112,100
2020	$4,531 -3.1%	$112,100 +2.3%
2019	$4,676 +4.8%	$109,600 +1.4%
2018	$4,464 -9.3%	$108,100 +0.7%
2017	$4,920 +5.6%	$107,300 -5.4%
2016	$4,658 -51%	$113,400
2015	$9,509 +8.7%	$113,400 -65.4%
2014	$8,748 +8.8%	$327,900
2013	$8,042 -2.5%	$327,900
2012	$8,247 +18.3%	$327,900
2011	$6,971 +10.1%	$327,900
2010	$6,332	$327,900
2009	--	$327,900
2008	--	$327,900
2007	--	$327,900 +2776.3%
2006	--	$11,400
2005	--	$11,400
2004	--	$11,400
2003	--	$11,400
2002	--	$11,400
2001	--	$11,400