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Sold for $660,000
  • $660,000

    384-386 Buffalo Ave, Paterson, NJ 07503

    7beds
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $876,100 Zestimate®
    $--/sqft
    $2,553 Estimated rent

    Home value

    $876,100

    $815,000 - $946,000

    $2,553/mo

    Zestimate® history
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    What's special

    Formal dining roomLaundry hook-upsLaundry hook-upEat-in kitchenWalk-up atticNearby shopping centers
    An investment opportunity presents a promising prospect in the tranquil Lakeview section of Paterson. This two-family home has immense potential, although requiring some renovation, this residence is being sold as is, making it a canvas for personalized transformation and investment growth. The property boasts two distinct units each boasting 1,789 sq.ft. Unit 1 features three bedrooms, bath, eat-in kitchen with laundry hook-up, dining room and a large living room. Unit 2 offers four bedrooms, a bath, eat-in kitchen with pantry, formal dining room and a spacious living room. The walk-up attic provides plenty of storage space for unit 2. Split air conditioning units in part of 2nd floor unit. The unfinished basement provides laundry hook-ups for unit 2 and plenty of storage for unit 1. Situated conveniently close to NYC transportation options including buses and trains, as well as nearby shopping centers, schools, and houses of worship.

    Zillow last checked:

    Listing updated:

    Listed by:

    Frank Cooney 973-417-9719,

    Century 21 The Crossing

    Bought with:

    Stanley Francois

    Realty One Group Sunrise

    Source: NJMLS,MLS#: 24005190MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 2
    • Full bathrooms: 2
    Appliances
    • Laundry: None

    Property

    Parking
    • Total spaces: 6
    Details
    • Parcel number: 0807709000000008

    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: $312,900
    • Annual tax amount: $14,524
    • Date on market: 2/21/2024
    • Listing agreement: Exclusive Right To Sell

    Price history

    DateEventPrice
    4/17/2024Sold$660,000+22.2%
    Source: NJMLS #24005190 Report a problem
    3/5/2024Pending sale$539,999
    Source: NJMLS #24005190 Report a problem
    2/21/2024Listed for sale$539,999
    Source: NJMLS #24005190 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,942 +3.9%$312,900
    2024$15,341 +1.8%$312,900
    2023$15,072 +7.6%$312,900
    2022$14,005 $312,900
    2021$14,005 +10.7%$312,900
    2020$12,654 -3.1%$312,900 +2.2%
    2019$13,065 +4.8%$306,100 +1.4%
    2018$12,472 -6.3%$302,000 +0.7%
    2017$13,303 +5.6%$299,800 -2.2%
    2016$12,595 +54.6%$306,600
    2015$8,149 -22.1%$306,600 +9.1%
    2014$10,455 +1.1%$281,000 -31.6%
    2012$10,337 +18.3%$411,000
    2011$8,738 +10.1%$411,000
    2010$7,936 $411,000
    2009-- $411,000 -10.8%
    2008-- $461,000
    2007-- $461,000
    Find assessor info on the county website

    Neighborhood: Lakeview

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $876,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $876,100