291 Pennsylvania Ave Paterson City, NJ ^$ 489,000

291 Pennsylvania Ave

^$ 489,000

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291 Pennsylvania Ave

Paterson City, NJ, 07503

^$ 489,000

Bedrooms4 Baths2.0 Sq 1,852

Monthly Estimate*

^$ 3,416

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Multi-Family Home for sale in Paterson City, NJ for $489,000 with 4 bedrooms and 2 full baths. This 1,852 square foot home was built in 1940 on a lot size of 0.06.

Welcome to this charming two-family home nestled in a South Paterson neighborhood with a shared common driveway and convenient parking at the rear. This cozy residence features two thoughtfully designed, well-appointed bedrooms on each floor, Living rooms and Eat in Kitchen With a warm and welcoming ambiance, each unit boasts a functional layout, creating a perfect balance of comfort and practicality. The shared driveway not only enhances accessibility but also adds a sense of community to this delightful property. Whether you're looking for a cozy home or an investment opportunity, this two-family dwelling with its appealing design and convenient features is sure to captivate and meet your needs.

Multi-Family Pending

Price

^$ 489,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 12,923

Style

2-Two Story, Under/Over

Lot Size

0.06

Year Built

1940

Town/City

Paterson City

County/Region

PASSAIC

MLS | Web ID

3883325

Features

General

Interior Features Carbon Monoxide Detector Fire Extinguisher Smoke Detector

Sewer Public Sewer

Heating 1 Unit

Cooling Window A/C(s)

Utilities Gas-Natural

Possession 0-30

Roof Rubberized

Water Heater Gas

Architectural Style 2-Two Story Under/Over

Exclusions Appliances belongs to the tenants

Year Built 1940

Township Paterson City

Tax Year 2022

Gross Income 36000

County Passaic

Net Operating Income 18000

Operating Expense 14000

Total Rooms 10

Status Under Contract

Directions Crooks Ave to East Railway Ave To Pennsylvania Ave.

Open Parking Spaces 1

Total Units 2

Street Name Pennsylvania Ave

Tax Annual Amount 12923

Drive Concrete Strip Driveway-Shared

Days on Market 27

Standard Status Under Contract

Tax Assessed Value 278400

Town # 2508

Tax Lot 15

Interior

Basement Full Unfinished

Unit 1 Baths Total 1.0

Unit 1 Beds Total 2

Unit 2 Baths Total 1.0

Unit 2 Beds Total 2

Fuel Type Gas-Natural

Full Baths 2

Half Baths 0

Total Bedrooms 4

Exterior

Lot Features Level Lot

Water Source Public Water

Exterior Description Stone Vinyl Siding

Building Area Total 1852

Lot Dimensions 25X100

Lot Size Acres 0.06

* Excluded Features

List By

HUSEYIN TATAR

Listing Agent

Realty One Group Legend

Broker

jaytatar@gmail.com

Affordability Calculator

$4,493

Per Month

Monthly Principal & Interest: $3,416
Monthly Property Taxes: $1,077
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Paterson, NJ

Average List Price ^$550,093

Percent of Sale Price 12%

About Paterson, NJ

148,635 Population

0% Since 2002

^$36,191 Median Income

34.64 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/27/2024	$489,000		Listed Price

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291 Pennsylvania Ave, Paterson City, NJ, 07503 is a Multi-Family Home for sale at $489,000 with 1,852 sqft and a lot size of 0.06. 291 Pennsylvania Ave has 4 bedrooms, 2.0 baths, and was built in 1940. The property's zip code is 07503 which is in Paterson City, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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