Under contract

$549,000

205-207 E 24Th St, Paterson City, NJ 07514

3beds

2,366sqft

$4,092/mo

Get pre-qualified

Multi Family

Built in 1978

-- sqft lot

$-- Zestimate^®

$232/sqft

$-- HOA

What's special

Spacious unitsGenerous lot size

Excellent opportunity to own a well-maintained multi-family property in Paterson's Riverside neighborhood. This income-producing asset features spacious units, separate utilities, and a generous lot size. Conveniently located near schools, parks, shopping, public transportation, and major highways, offering easy access for commuters. Ideal for investors seeking strong rental potential or owner-occupants looking to offset expenses with rental income. A BONUS bedroom and bathroom in the basement with walkout access. A great value with long-term appreciation potential.

77 days
54
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Baseboard - Hotwater, Natural Gas

Cooling

Wall Unit(s)

Appliances

Included: Dryer, Washer

Features

Eat-in Kitchen, Kitchen, Living Room, Master Bedroom, Bedrooms
Basement: Yes,Finished
Has fireplace: No

Interior area

Total structure area: 2,366
Total interior livable area: 2,366 sqft

Property

Parking

Total spaces: 4
Parking features: Off Street
Uncovered spaces: 4

Features

Levels: Two
Stories: 2

Lot

Size: 4,791 Square Feet
Dimensions: 50 x 100

Details

Parcel number: 2508024130000000090000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Aluminum Siding
Roof: Asphalt Shingle

Condition

Year built: 1978

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Underground Utilities

Community & HOA

Location

Region: Paterson

Financial & listing details

Price per square foot: $232/sqft
Tax assessed value: $506,700
Annual tax amount: $11,854
Date on market: 6/18/2026
Exclusions: All Personal Items
Total actual rent: 1680
Tenant pays: Tenant Pays Electric, Tenant Pays Heat, Tenant Pays Water

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/7/2026	Pending sale	$549,000$232/sqft
Source: GSMLS #4035461 Report a problem
6/18/2026	Listed for sale	$549,000+119.6%$232/sqft
Source: GSMLS #4035461 Report a problem
10/8/2018	Sold	$250,000-8.8%$106/sqft
Source: GSMLS #3460246 Report a problem
5/8/2018	Price change	$274,000-2.1%$116/sqft
Source: Golden Image Realty #1813494 Report a problem
4/12/2018	Listed for sale	$279,900-11.1%$118/sqft
Source: Golden Image Realty #1813494 Report a problem
10/7/2006	Sold	$315,000$133/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,321 +3.9%	$222,200
2024	$10,894 +1.8%	$222,200
2023	$10,703 +7.6%	$222,200
2022	$9,946	$222,200
2021	$9,946 +10.7%	$222,200
2020	$8,983 +37.4%	$222,200 +2.3%
2019	$6,537 +4.8%	$217,300 +43.8%
2018	$6,240 -6.5%	$151,100 +0.7%
2017	$6,673 +5.6%	$150,000 -2.5%
2016	$6,318 -1%	$153,800
2015	$6,380 -3.1%	$153,800 -30.1%
2014	$6,586 +0.7%	$220,000 -8.3%
2012	$6,539 +2.3%	$240,000 -7.7%
2011	$6,393 +10.1%	$260,000 -13.5%
2010	$5,807	$300,700
2009	--	$300,700
2008	--	$300,700
2007	--	$300,700