For sale

$399,999

31 May St, Paterson, NJ 07524

3beds

--sqft

$3,008/mo

Get pre-qualified

Multi Family

Built in ----

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Great opportunity to own a two-family home in Paterson! Offering plenty of potential for investors or owner-occupants, this property is ready for its next owner to bring their vision and make it their own. Ideal for an investor looking for their next project or a buyer looking to live in one unit while generating income from the other. Conveniently located near shopping, schools, major roadways, and public transportation. Bring your ideas and unlock the potential this two-family has to offer! First floor is 1 bed 1 bath. Second floor is 2 bed 1 bath. AS IS SALE. BUYER RESPONSIBLE FOR C.O. 24 Hour notice needed for showings.

1 day
117
3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Appliances

Laundry: In Basement

Property

Details

Parcel number: 0802914000000008

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: $114,200
Annual tax amount: $6,092
Date on market: 9/1/2026
Listing agreement: Exclusive Agency

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/1/2026	Listed for sale	$399,999+60.1%
Source: NJMLS #26033020 Report a problem
2/1/2023	Listing removed	$249,900
Source: NJMLS #22028240 Report a problem
10/25/2022	Price change	$249,900+11.1%
Source: NJMLS #22028240 Report a problem
9/19/2022	Pending sale	$225,000
Source: NJMLS #22028240 Report a problem
9/6/2022	Price change	$225,000-2.2%
Source: NJMLS #22028240 Report a problem
8/25/2022	Price change	$230,000-4.1%
Source: NJMLS #22028240 Report a problem
8/17/2022	Price change	$239,900-4%
Source: NJMLS #22028240 Report a problem
7/28/2022	Listed for sale	$249,900+35.1%
Source: NJMLS #22028240 Report a problem
9/21/2020	Listing removed	$185,000
Source: YOUR TOWN REALTY #3624990 Report a problem
9/3/2020	Price change	$185,000-7.5%
Source: YOUR TOWN REALTY #3624990 Report a problem
4/14/2020	Price change	$199,900-7%
Source: YOUR TOWN REALTY #3624990 Report a problem
3/20/2020	Listed for sale	$215,000+321.6%
Source: YOUR TOWN REALTY #3624990 Report a problem
10/10/1986	Sold	$51,000
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,818 +3.9%	$114,200
2024	$5,599 +1.8%	$114,200
2023	$5,501 +7.6%	$114,200
2022	$5,112	$114,200
2021	$5,112 +10.7%	$114,200
2020	$4,618 -1.2%	$114,200 +2.2%
2019	$4,672 +4.8%	$111,700 +3.4%
2018	$4,460 -7.7%	$108,000 +0.7%
2017	$4,834 +5.6%	$107,200 -3.8%
2016	$4,576 -36.8%	$111,400
2015	$7,238 -5.7%	$111,400 -55.4%
2014	$7,672 +9.1%	$249,600 -10.7%
2012	$7,032 +18.3%	$279,600
2011	$5,944 +10.1%	$279,600
2010	$5,399	$279,600
2009	--	$279,600
2008	--	$279,600
2007	--	$279,600