Amazing opportunity in the heart of downtown Paterson - 8-bedrooms and 6-full baths. (1x) 3-bedroom, (4x) 1-bedrooms & 1 studio apartment with off street parking. A true value add investment opportunity. Under market value rents grossing $92,454 with separate utilities yielding a 8.14% cap rate. All tenants are in good standing with leases in place. There is also a large basement with plenty of storage.
Sold for $800,000
$800,000
51 Mill St, Paterson, NJ 07501
--beds
--baths
--sqft
Mixed Use
Built in ----
-- sqft lot
$854,300 Zestimate®
$--/sqft
$2,737 Estimated rent
Home value
$854,300
$743,000 - $982,000
$2,737/mo
Zestimate® history
Owner options
List your home for rent
$2,737/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,737/mo
Rent Zestimate®
Refinance and save
$5,824/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$5,824/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Off street parking
Zillow last checked:
Listing updated:
Listed by:
Roman Drukarov (973)454-3218,
Berkshire Hathaway Home Services Fox & Roach Realtors - Livingston
Bought with:
Roman Drukarov
Berkshire Hathaway Home Services Fox & Roach Realtors - Livingston
Berkshire Hathaway Home Services Fox & Roach Realtors - Livingston
Source: NJMLS,MLS#: 24031244
Price history
| Date | Event | Price |
|---|---|---|
| 4/9/2025 | Sold | $800,000 |
Source:  NJMLS #24031244 Report a problem | ||
| 12/18/2024 | Pending sale | $800,000 |
Source: NJMLS #24031244 Report a problem | ||
| 11/25/2024 | Listing removed | $800,000 |
Source: NJMLS #24031244 Report a problem | ||
| 9/26/2024 | Listed for sale | $800,000+58.4% |
Source: NJMLS #24031244 Report a problem | ||
| 3/4/2022 | Sold | $505,000 |
Source: NJMLS #21003906 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 5/10School 2Grades: K-8Distance: 0.1 mi
- 1/10Newcomers High SchoolGrades: 9-12Distance: 0.4 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$854,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$854,300
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Paterson Topics
