512 Summer St Paterson, NJ ^$ 515,000

512 Summer St

^$ 515,000

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512 Summer St

Paterson, NJ, 07501

^$ 515,000

Bedrooms5 Baths3.0

Monthly Estimate*

^$ 3,213

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Multi-Family Home for sale in Paterson, NJ

for $515,000 with 5 bedrooms and 3 full baths. This home was built in 1980 on a lot size of 0.06.

Welcome to this well-maintained multi-family property in the heart of Paterson's Sandy Hill neighborhood. Featuring two spacious units one offering 2 bedrooms/1 bath and the other with 3 bedrooms/1 bath this property is ideal for owner-occupants or investors looking for rental income. Each unit offers a functional layout, ample natural light, and close proximity to schools, shopping, and public transportation. Convenient location with a Walk Score of 80 makes commuting and daily errands a breeze. Finished Basement (Walk-out) Brand new roof! Don't miss this opportunity to own a solid investment in a growing market.

Multi-Family Pending

Price

^$ 515,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,828

Style

2-Two Story

Lot Size

0.06

Year Built

1980

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

3981436

Features

Interior

Interior Amenities Carbon Monoxide Detector Fire Extinguisher Security System Smoke Detector

Basement Finished Full Walkout

Unit 1 Baths Total 1.0

Unit 1 Beds Total 2

Unit 2 Baths Total 2.0

Unit 2 Beds Total 3

Fuel Type Gas-Natural

Half Baths 0

Total Bedrooms 5

General

Sewer Public Sewer

Heating 2 Units

Cooling 2 Units

Utilities Gas-Natural

Possession Immediately

Roof Asphalt Shingle

Garage Spaces 0

Architectural Style 2-Two Story

Year Built 1980

Garage On-Street Parking

Township Paterson City

Tax Year 2024

Gross Income 0

County Passaic

Net Operating Income 0

Operating Expense 0

Total Rooms 14

Full Baths 3

Status Under Contract

Directions 21st to Summer

Open Parking Spaces 0

Number Of Units Total 2

Tax Annual Amount 5828

Drive On-Street Parking

Standard Status Under Contract

Tax Assessed Value 114400

Town # 2508

Tax Lot 19

Exterior

Exterior Amenities See Remarks

Water Source Public Water

Exterior Description Aluminum Siding

Lot Dimensions 25X100

Lot Size Acres 0.06

* Excluded Features

List By

RAYSA CASTRO-MARTINEZ

Listing Agent

Keller Williams City Views Realty

Broker

Affordability Calculator

$3,699

Per Month

Monthly Principal & Interest: $3,213
Monthly Property Taxes: $486
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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 ^$647,130

Percent of Sale Price 26%

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
9/16/2025	$515,000	-1.90%	Price Down
8/15/2025	$525,000		Listed Price

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512 Summer St, Paterson, NJ, 07501 is a Multi-Family Home for sale at $515,000 with a lot size of 0.06. 512 Summer St has 5 bedrooms, 3.0 baths, and was built in 1980. The property's zip code is 07501 which is in Paterson, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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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512 Summer St

Multi-Family Home for sale in Paterson, NJ

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