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.
For sale
Price cut: $25K (8/16)
$874,999
163 Fair Street, Paterson, NJ 07501
10beds
--sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Finished basement
- 110 days
- 34
- 2
Zillow last checked:
Listing updated:
Listed by:
Ricardo Harrison 914-893-8686,
Coldwell Banker, Ridgewood
Source: NJMLS,MLS#: 26022987
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
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/16/2026 | Price change | $874,999-2.8% |
Source: | ||
| 6/18/2026 | Listed for sale | $899,999+46.8% |
Source: | ||
| 2/16/2022 | Sold | $613,000+3% |
Source: | ||
| 10/1/2021 | Contingent | $595,000+11800% |
Source: | ||
| 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 |
Find assessor info on the county website
Monthly payment
Est. payment






