CALLING ALL INVESTORS AND BUYERS!! Add this income-producing property to your portfolio or start it up by living in one unit and renting out the other! This multi-family boasts 6 BEDROOMS and 3 FULL BATHROOMS, 2 PARKING SPACES, and a BACKYARD. The 1st floor unit is a duplex that has 4 bedrooms, 2 full baths. The 2nd floor unit was recently renovated and has 2 bedrooms and 1 full bathroom. All floors have an open-concept living space. Separate utilities. This property is ideal for commuters as it is MINUTES away from major highways, bus stops, and a train station. Check it out for yourself and do not hesitate to reach out with any questions!
Sold for $505,000
$505,000
59-61 16th Ave, Paterson, NJ 07501
6beds
--sqft
Multi Family
Built in ----
-- sqft lot
$552,600 Zestimate®
$--/sqft
$2,081 Estimated rent
Home value
$552,600
$481,000 - $635,000
$2,081/mo
Zestimate® history
Owner options
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$2,081/mo
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$2,081/mo
Rent Zestimate®
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$3,651/mo
Est. payment
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$3,651/mo
Est. payment
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Open-concept living space
Zillow last checked:
Listing updated:
Listed by:
Vanessa Chuakay 551-274-1128,
Signature Realty NJ LLC
Bought with:
Luis Cruz
Realty One Group Legend, Clifton
Source: NJMLS,MLS#: 24037271
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Appliances
- Laundry: None
Property
Parking
- Total spaces: 2
Details
- Parcel number: 0804317000000030
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected
Community & neighborhood
Location
- Region: Paterson
Other
Other facts
- Listing agreement: Exclusive Right To Sell
Price history
| Date | Event | Price |
|---|---|---|
| 12/27/2024 | Sold | $505,000+12.2% |
Source:  NJMLS #24037271 Report a problem | ||
| 12/18/2024 | Pending sale | $450,000 |
Source: NJMLS #24037271 Report a problem | ||
| 12/6/2024 | Listing removed | $450,000 |
Source: NJMLS #24037271 Report a problem | ||
| 11/21/2024 | Listed for sale | $450,000+3.4% |
Source: NJMLS #24037271 Report a problem | ||
| 4/9/2024 | Sold | $435,000+115.9% |
Source: Public Record Report a problem | ||
| 4/3/2017 | Sold | $201,441 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,774 +3.9% | $172,200 |
| 2024 | $8,443 +1.8% | $172,200 |
| 2023 | $8,295 +7.6% | $172,200 |
| 2022 | $7,708 | $172,200 |
| 2021 | $7,708 +10.8% | $172,200 |
| 2020 | $6,958 -3.1% | $172,200 +2.3% |
| 2019 | $7,181 +4.8% | $168,300 +1.4% |
| 2018 | $6,852 -9.2% | $166,000 +0.8% |
| 2017 | $7,546 +5.6% | $164,700 -5.3% |
| 2016 | $7,144 -25.2% | $173,900 |
| 2015 | $9,556 +5.7% | $173,900 -47.2% |
| 2014 | $9,041 +9.1% | $329,500 |
| 2012 | $8,287 +18.3% | $329,500 |
| 2011 | $7,005 +10.1% | $329,500 |
| 2010 | $6,363 | $329,500 |
| 2009 | -- | $329,500 |
| 2008 | -- | $329,500 |
| 2007 | -- | $329,500 |
Find assessor info on the county website
Neighborhood: Sandy Hill
Nearby schools
GreatSchools rating
- 3/10Alexander Hamilton AcademyGrades: K-8Distance: 0.1 mi
- NAAlternative High School - Yes AcademyGrades: 9-12Distance: 0.1 mi
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Estimated market value
$552,600
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
$552,600
- New Jersey
- Passaic County
- Paterson
- 07501
- Sandy Hill
- 59-61 16th Ave
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Nearby neighborhoods
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