Active

$550,000

81 George St, Paterson City, NJ 07503

5beds

1,750sqft

$4,211/mo

Get pre-qualified

Multi Family

Built in 1920

-- sqft lot

$559,200 Zestimate^®

$314/sqft

$-- HOA

What's special

Excellent opportunity to purchase a 2 family in a highly desirable section of Paterson. Fully VACANT with HUGE upside potential. Large back yard. 3 bedrooms on first floor, 2 bedrooms on second floor. Full LARGE unfinished basement with separate entrance!

29 days
319
14

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Heating

2 Units, Baseboard - Hotwater, Electric, Natural Gas

Cooling

Window Unit(s)

Appliances

Included: Microwave, Range/Oven - Gas, Refrigerator, Self Cleaning Oven, Microwave Oven, Self-Cleaning Oven, Gas Water Heater

Features

Bedrooms, Eat-in Kitchen, Living Room, Eat-In Kitchen
Flooring: Tile, Wood
Windows: Storm Window(s)
Basement: Yes,Unfinished,Walk-Out Access
Has fireplace: No

Interior area

Total structure area: 1,750
Total interior livable area: 1,750 sqft

Property

Parking

Parking features: On Street

Features

Levels: Two
Stories: 2
Patio & porch: Open Porch(es), Porch
Exterior features: Curbs
Fencing: Metal Fence,Wood

Lot

Size: 2,613 Square Feet
Dimensions: 25 x 100

Details

Parcel number: 2508067020000000060000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick, Vinyl Siding
Roof: Asphalt Shingle

Condition

Year built: 1920

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector, Fire Extinguisher

Location

Region: Paterson

Financial & listing details

Price per square foot: $314/sqft
Tax assessed value: $433,700
Annual tax amount: $9,005
Date on market: 10/5/2026
Total actual rent: 0
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
Electric utility on property: Yes

Estimated market value

$559,200

$531,000 - $587,000

$2,493/mo

Price history

Date	Event	Price
10/2/2026	Listed for sale	$550,000+6%$314/sqft
Source: NJMLS #26037472 Report a problem
8/26/2025	Listing removed	$519,000$297/sqft
Source: GSMLS #3955731 Report a problem
5/17/2025	Pending sale	$519,000$297/sqft
Source: GSMLS #3955731 Report a problem
4/8/2025	Listed for sale	$519,000+4%$297/sqft
Source: GSMLS #3955731 Report a problem
3/1/2025	Listing removed	$499,000$285/sqft
Source: GSMLS #3932340 Report a problem
11/1/2024	Listed for sale	$499,000$285/sqft
Source: GSMLS #3932340 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,600 +3.9%	$168,800
2024	$8,276 +1.8%	$168,800
2023	$8,131 +7.6%	$168,800
2022	$7,555	$168,800
2021	$7,555 +10.8%	$168,800
2020	$6,817 -3%	$168,800 +2.4%
2019	$7,030 +4.8%	$164,900 +1.5%
2018	$6,710 -9.2%	$162,500 +0.7%
2017	$7,394 +5.6%	$161,300 -5.3%
2016	$7,000 -25.2%	$170,400
2015	$9,355 +5.7%	$170,400 -47.2%
2014	$8,852 +9.1%	$322,600
2012	$8,113 +18.3%	$322,600
2011	$6,858 +10.1%	$322,600
2010	$6,229	$322,600
2009	--	$322,600
2008	--	$322,600
2007	--	$322,600