Under contract

$575,000

21 Olive St, Paterson City, NJ 07501

6beds

--sqft

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Multi Family

Built in 1950

-- sqft lot

$584,700 Zestimate^®

$--/sqft

$-- HOA

What's special

This fully updated three-family house features three independent units, each offering 2 bedrooms and a generously sized kitchen. Ideal for both investors and owner-occupants, every apartment showcases upgrades, abundant natural light, and inviting living areas. Blending practicality with modern appeal, this home presents a fantastic investment opportunity.

101 days

67

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Heating

Radiant - Hot Water, Natural Gas

Features

Bedrooms, Eat-in Kitchen, Living Room, Pantry, Eat-In Kitchen, Living/Dining Room
Basement: Yes,Full,Unfinished
Has fireplace: No

Interior area

Total structure area: 0

Property

Parking

Parking features: On Street

Features

Levels: 3-Three Story
Stories: 3

Lot

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

Details

Parcel number: 2508041010000000370000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Aluminum Siding
Roof: Asphalt Shingle

Condition

Year built: 1950
Major remodel year: 2020

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Carbon Monoxide Detector

Location

Region: Paterson

Financial & listing details

Tax assessed value: $409,700
Annual tax amount: $9,816
Date on market: 3/28/2026
Total actual rent: 0
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

Estimated market value

$584,700

$555,000 - $614,000

$2,445/mo

Price history

Date	Event	Price
5/13/2026	Pending sale	$575,000
Source: NJMLS #26009651 Report a problem
3/9/2026	Listed for sale	$575,000
Source: GSMLS #4000771 Report a problem
1/30/2026	Pending sale	$575,000
Source: GSMLS #4000771 Report a problem
12/7/2025	Listed for sale	$575,000
Source: GSMLS #4000771 Report a problem
11/1/2025	Listing removed	$575,000
Source: NJMLS #25015635 Report a problem
9/25/2025	Price change	$575,000-4.2%
Source: NJMLS #25015635 Report a problem
5/9/2025	Listed for sale	$600,000+14.3%
Source: NJMLS #25015635 Report a problem
4/3/2025	Listing removed	$525,000
Source: GSMLS #3932133 Report a problem
10/31/2024	Listed for sale	$525,000
Source: NJMLS #24035005 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,375 +3.9%	$184,000
2024	$9,022 +1.8%	$184,000
2023	$8,863 +7.6%	$184,000
2022	$8,236	$184,000
2021	$8,236 +10.7%	$184,000
2020	$7,437 +7.6%	$184,000 +2.3%
2019	$6,913 +4.8%	$179,900 +12.6%
2018	$6,598 -9.3%	$159,800 +0.8%
2017	$7,272 +5.6%	$158,600 -5.4%
2016	$6,885 -37.2%	$167,600
2015	$10,965 +5.7%	$167,600 -55.7%
2014	$10,375 +9.1%	$378,100
2013	$9,509	$378,100
2012	$9,509 +18.3%	$378,100
2011	$8,038 +10.1%	$378,100
2010	$7,301	$378,100
2009	--	$378,100
2008	--	$378,100
2007	--	$378,100 +3216.7%
2006	--	$11,400
2005	--	$11,400
2004	--	$11,400
2003	--	$11,400
2002	--	$11,400
2001	--	$11,400

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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