Under contract

$799,000

294-300 Governor St, Paterson, NJ 07501

8beds

--sqft

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Multi Family

Built in ----

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Brick four-family buildingWood flooringUpdated cabinetryGranite countertops

Investment opportunity in the heart of Paterson. This brick four-family building features four units, each offering 2 bedrooms and 1 full bathroom with an open-concept living room and kitchen layout. Each unit includes wood flooring, granite countertops, and updated cabinetry, along with pantry storage and additional closets. The property offers off-street parking on one side for up to four vehicles (or shared use), with additional space on the opposite side that may allow for future parking expansion. The building does require some updates and improvements, making it ideal for an investor or buyer looking to add value and increase returns. With the right vision and upgrades, this property has strong potential as an income-producing asset. Conveniently located near transportation, shopping, and local amenities.

68 days

41

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Appliances

Laundry: None

Property

Parking

Total spaces: 4

Details

Parcel number: 0803502000000020

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Utilities & green energy

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

Community & HOA

Location

Region: Paterson

Financial & listing details

Tax assessed value: $283,400
Annual tax amount: $15,119
Date on market: 4/28/2026
Listing agreement: Exclusive Right To Sell

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/11/2026	Pending sale	$799,000
Source: NJMLS #26015117 Report a problem
4/29/2026	Listed for sale	$799,000+176.5%
Source: NJMLS #26015117 Report a problem
11/30/2018	Listing removed	$289,000
Source: CARRINGTON REAL ESTATE SERVICES #3457138 Report a problem
9/19/2018	Pending sale	$289,000
Source: CARRINGTON REAL ESTATE SERVICES #3457138 Report a problem
9/19/2018	Listed for sale	$289,000-0.3%
Source: CARRINGTON REAL ESTATE SERVICES #3457138 Report a problem
6/19/2018	Sold	$290,000+480%
Source: GSMLS #3457138 Report a problem
2/25/2013	Sold	$50,000-87.8%
Source: GSMLS #2905220 Report a problem
4/11/2006	Sold	$410,220
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$14,439 +3.9%	$283,400
2024	$13,895 +1.8%	$283,400
2023	$13,651 +7.6%	$283,400
2022	$12,685	$283,400
2021	$12,685 +10.7%	$283,400
2020	$11,459 +4.7%	$283,400 +2.2%
2019	$10,949 +4.8%	$277,200 +9.5%
2018	$10,450 -9.2%	$253,100 +0.8%
2017	$11,511 +5.6%	$251,200 -5.3%
2016	$10,899 +121.1%	$265,300
2015	$4,930 -51.3%	$265,300 +56.1%
2014	$10,120 -3.9%	$170,000 -59.4%
2012	$10,533 +18.3%	$418,800
2011	$8,904 +10.1%	$418,800
2010	$8,087	$418,800
2009	--	$418,800
2008	--	$418,800
2007	--	$418,800

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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