Great opportunity to own this two-family home in Paterson, ideal for both owner-occupants and investors. Each unit offers a spacious 1 bedroom and 1 full bathroom, providing comfortable and efficient living spaces. The second-floor unit features two bonus rooms on the 3rd floor perfect for a home office, guest space, or additional storage. The property also boasts plenty of parking, ample storage options, and a convenient location close to shopping, dining, and public transportation. A versatile property with strong income potential in a prime location!
Sold for $575,000
$575,000
173-175 Preakness Ave, Paterson, NJ 07502
2beds
--sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$2,101 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,101/mo
Zestimate® history
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$4,212/mo
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Plenty of parkingAmple storage options
Zillow last checked:
Listing updated:
Listed by:
Catherine Nikolovski 973-800-8210,
United Global Properties
Bought with:
Catherine Nikolovski
United Global Properties
Source: NJMLS,MLS#: 26011421
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Laundry: In Unit
Property
Parking
- Total spaces: 6
Details
- Parcel number: 0801311000000019
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: $186,100
- Annual tax amount: $9,928
- Date on market: 4/8/2026
- Listing agreement: Exclusive Right To Sell
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Sold | $575,000+15.2% |
Source:  NJMLS #26011421 Report a problem | ||
| 5/1/2026 | Pending sale | $499,000 |
Source: NJMLS #26011421 Report a problem | ||
| 4/8/2026 | Listed for sale | $499,000 |
Source: NJMLS #26011421 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,482 +3.9% | $186,100 |
| 2024 | $9,124 +1.8% | $186,100 |
| 2023 | $8,964 +7.6% | $186,100 |
| 2022 | $8,330 | $186,100 |
| 2021 | $8,330 +12.1% | $186,100 |
| 2020 | $7,429 -3% | $186,100 +3.6% |
| 2019 | $7,661 +4.8% | $179,700 +1.5% |
| 2018 | $7,313 -3.3% | $177,100 +0.7% |
| 2017 | $7,563 +5.6% | $175,800 +0.9% |
| 2016 | $7,160 -28.6% | $174,300 |
| 2015 | $10,022 +5.7% | $174,300 -49.6% |
| 2014 | $9,483 +9.1% | $345,600 |
| 2012 | $8,692 +18.3% | $345,600 |
| 2011 | $7,347 +10.1% | $345,600 |
| 2010 | $6,674 | $345,600 |
| 2009 | -- | $345,600 |
| 2008 | -- | $345,600 |
| 2007 | -- | $345,600 |
Find assessor info on the county website
Neighborhood: Hillcrest
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Nearby schools
GreatSchools rating
- 5/10School 19Grades: K-4Distance: 0.2 mi
- 4/10Joseph A. Taub SchoolGrades: 6-8Distance: 0.2 mi
- 1/10John F. Kennedy High SchoolGrades: 9-12Distance: 0.2 mi
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- New Jersey
- Passaic County
- Paterson
- 07502
- Hillcrest
- 173-175 Preakness Ave
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