For sale

Price cut: $25K (8/16)

$874,999

163 Fair St, Paterson, NJ 07501

10beds

--sqft

$6,522/mo

Get pre-qualified

Multi Family

Built in ----

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Finished basement

OPEN HOUSE SUNDAY 8/23/2026 FROM 1:00PM - 4:00PM. Welcome to 163 Fair St, Paterson, NJ, a meticulously maintained three-family home with a finished basement that presents an exceptional investment opportunity or an ideal owner-occupant scenario. The building features a first-floor 3-bedroom unit, a second-floor 3-bedroom unit, and a third-floor 4-bedroom unit that are all tenant-occupied, providing a steady source of income. Separately metered gas and electric utilities for each unit ensure low overhead expenses for the landlord. This property is Conveniently located near shops, restaurants, schools, parks, and easy access to public transportation. Whether you're looking to owner-occupy while generating rental income or expand your investment portfolio, this property is a fantastic opportunity.

61 days

103

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 4
Full bathrooms: 4

Appliances

Laundry: None

Property

Details

Parcel number: 0803612000000016

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Utilities & green energy

Utilities for property: See Remarks, Electricity Connected, Natural Gas Connected, Sep Heat

Community & HOA

Location

Region: Paterson

Financial & listing details

Tax assessed value: $438,400
Annual tax amount: $22,336
Date on market: 6/18/2026
Listing agreement: Exclusive Right To Sell

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/16/2026	Price change	$874,999-2.8%
Source: NJMLS #26022987 Report a problem
6/18/2026	Listed for sale	$899,999+46.8%
Source: NJMLS #26022987 Report a problem
2/16/2022	Sold	$613,000+12160%
Source: GSMLS #3740880 Report a problem
3/6/2021	Listing removed	--
Source: Owner Report a problem
2/7/2018	Listing removed	$1,600
Source: Owner Report a problem
2/2/2018	Listed for rent	$1,600
Source: Owner Report a problem
3/11/2014	Sold	$5,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$22,336 +3.9%	$438,400
2024	$21,495 +1.8%	$438,400
2023	$21,118 +7.6%	$438,400
2022	$19,623	$438,400
2021	$19,623 +10.8%	$438,400
2020	$17,710 +8%	$438,400 +2.3%
2019	$16,404 +4.8%	$428,400 +13%
2018	$15,650 -9.3%	$379,200 +0.8%
2017	$17,248 +5.6%	$376,200 -5.4%
2016	$16,329 +7.3%	$397,500
2015	$15,225 +5.7%	$397,500 -24.3%
2014	$14,406 +9.1%	$525,000
2012	$13,204 +18.3%	$525,000
2011	$11,162 +10.1%	$525,000
2010	$10,138	$525,000
2009	--	$525,000
2008	--	$525,000
2007	--	$525,000