This home is being sold as part of a Stabilized Portfolio of 10 properties in the greater Patterson, NJ market just outside New York City. The portfolio is 95% occupied, providing both yield and appreciation. Investors will enjoy immediate cash flow while retaining the opportunity to improve and reposition the units to increase cash flow and appreciation potential. Full portfolio information including P&L, inspections and property details can be found at www.ownamerica.com/patterson.
Sold for $550,000
$550,000
626 E 23rd St, Paterson, NJ 07514
--beds
0baths
3,153sqft
MultiFamily
Built in 1940
-- sqft lot
$639,600 Zestimate®
$174/sqft
$2,227 Estimated rent
Home value
$639,600
$576,000 - $716,000
$2,227/mo
Zestimate® history
Owner options
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$3,976/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Has fireplace: No
Interior area
- Total interior livable area: 3,153 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 2,178 sqft
Details
- Parcel number: 0803415000000003
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1940
Community & neighborhood
Location
- Region: Paterson
Price history
| Date | Event | Price |
|---|---|---|
| 11/21/2024 | Sold | $550,000+243.8%$174/sqft |
Source: Public Record Report a problem | ||
| 9/11/2015 | Sold | $160,000+3%$51/sqft |
Source:  GSMLS #3204650 Report a problem | ||
| 11/23/2014 | Listing removed | $155,326$49/sqft |
Source: Better Homes and Gardens Rand Realty #1430157 Report a problem | ||
| 9/26/2014 | Listed for sale | $155,326+24.3%$49/sqft |
Source: Better Homes and Gardens Rand Realty #1430157 Report a problem | ||
| 1/8/2014 | Listing removed | $1,200 |
Source: Better Homes and Gardens Real Estate Rand Realty #3066874 Report a problem | ||
| 8/16/2013 | Listed for rent | $1,200 |
Source: Wayne #3066874 Report a problem | ||
| 4/10/2013 | Sold | $125,000-74.8%$40/sqft |
Source: GSMLS #2972370 Report a problem | ||
| 11/4/2011 | Sold | $495,689+62.5%$157/sqft |
Source: Public Record Report a problem | ||
| 8/31/2005 | Sold | $305,000+61.4%$97/sqft |
Source: Public Record Report a problem | ||
| 5/26/2005 | Sold | $189,000$60/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,153 +3.9% | $218,900 |
| 2024 | $10,733 +1.8% | $218,900 |
| 2023 | $10,544 +7.6% | $218,900 |
| 2022 | $9,798 | $218,900 |
| 2021 | $9,798 +10.8% | $218,900 |
| 2020 | $8,847 -3% | $218,900 +2.3% |
| 2019 | $9,119 +4.8% | $214,000 +1.5% |
| 2018 | $8,699 -9.2% | $210,800 +0.8% |
| 2017 | $9,581 +5.6% | $209,100 -5.3% |
| 2016 | $9,070 -7.4% | $220,800 |
| 2015 | $9,796 +5.7% | $220,800 -34.6% |
| 2014 | $9,269 -7.4% | $337,800 -15.1% |
| 2012 | $10,005 +12.6% | $397,800 |
| 2011 | $8,882 +10.1% | $397,800 -4.8% |
| 2010 | $8,068 | $417,800 |
| 2009 | -- | $417,800 |
| 2008 | -- | $417,800 |
| 2007 | -- | $417,800 +2208.3% |
| 2006 | -- | $18,100 |
Find assessor info on the county website
Neighborhood: Eastside
Nearby schools
GreatSchools rating
- 3/10School 13Grades: K-8Distance: 0.2 mi
- 5/10Rosa Parks Arts High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- District: Paterson
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$639,600
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
$639,600
- New Jersey
- Passaic County
- Paterson
- 07514
- Eastside
- 626 E 23rd St
Nearby cities
Nearby neighborhoods
Nearby zip codes
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