Active

$519,900

305 Pacific St, Paterson City, NJ 07503

4beds

19,998sqft

$4,122/mo

Get pre-qualified

Multi Family

Built in 1940

-- sqft lot

$-- Zestimate^®

$26/sqft

$-- HOA

What's special

Private backyard

NEW OPPORTUNITY IN SOUTH PATERSON! Spacious 2-family home offering an excellent opportunity for both owner-occupants and investors. Each unit features 2 bedrooms, living room, kitchen and full bath. One unit is currently VACANT, giving a new owner the flexibility to move right in or select their own tenant. The occupied unit currently generates $2,000 per month, with estimated market rents of approximately $2,000 - $2,200 per unit. Additional features include separate utilities, a full unfinished basement with full bathroom, and a private backyard. Live in one unit while collecting rental income from the other, or rent both units for potential gross rental income of approximately $4,000 - $4,400 per month. Convenient South Paterson location near shopping, transportation and major roadways. Bring your ideas and make this 2-family property work for you. Schedule your showing today!

8 days
257
10

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Heating

Baseboard - Electric, Baseboard - Hotwater, Natural Gas

Cooling

2 Units, Window Unit(s)

Appliances

Included: Range/Oven - Gas, Range/Oven - Electric

Features

Bedrooms, Dining Room, Kitchen, Living Room
Basement: Yes,Unfinished
Has fireplace: No

Interior area

Total structure area: 19,998
Total interior livable area: 19,998 sqft

Property

Parking

Parking features: On Street, On-Street Parking
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2

Lot

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

Details

Parcel number: 2508068110000000240000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Aluminum Siding
Roof: Asphalt Shingle

Condition

Year built: 1940

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), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector, Fire Extinguisher

Location

Region: Paterson

Financial & listing details

Price per square foot: $26/sqft
Tax assessed value: $431,100
Annual tax amount: $7,954
Date on market: 9/24/2026
Total actual rent: 19998
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/24/2026	Listed for sale	$519,900-1.9%$26/sqft
Source: GSMLS #4055002 Report a problem
9/9/2026	Listing removed	$529,977$27/sqft
Source: eXp Realty #26025876 Report a problem
8/3/2026	Price change	$529,977-8.3%$27/sqft
Source: NJMLS #26025876 Report a problem
7/10/2026	Listed for sale	$577,777+622.2%$29/sqft
Source: GSMLS #4039732 Report a problem
7/7/2009	Sold	$80,000-72.7%$4/sqft
Source: Public Record Report a problem
8/21/2008	Sold	$293,042+62.8%$15/sqft
Source: Public Record Report a problem
6/24/1999	Sold	$180,000$9/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,597 +3.9%	$149,100
2024	$7,310 +1.8%	$149,100
2023	$7,182 +7.6%	$149,100
2022	$6,674	$149,100
2021	$6,674 +11%	$149,100
2020	$6,011 -8.8%	$149,100 +2.5%
2019	$6,589 +4.8%	$145,400 -4.5%
2018	$6,286 -14.6%	$152,300 +0.8%
2017	$7,363 +5.6%	$151,100 -11%
2016	$6,971 +0.6%	$169,700
2015	$6,928 +5.7%	$169,700 -29%
2014	$6,555 -15.6%	$238,900 -11.2%
2012	$7,769 +4.7%	$268,900 -12.9%
2011	$7,418 +10.1%	$308,900 -11.5%
2010	$6,737	$348,900
2009	--	$348,900
2008	--	$348,900
2007	--	$348,900 +1192.2%
2006	--	$27,000
2005	--	$27,000
2004	--	$27,000
2003	--	$27,000
2002	--	$27,000
2001	--	$27,000