61 Sassafras St Paterson, NJ $ 499,000
61 Sassafras St
$ 499,000
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61 Sassafras St

Paterson, NJ, 07524
$ 499,000
Bedrooms5 Baths3.0 Sq 1,776

Monthly Estimate*

$ 3,072

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Multi-Family Home for sale in Paterson, NJ

for $499,000 with 5 bedrooms and 3 full baths. This 1,776 square foot home was built in 1940 on a lot size of 0.06.

Welcome to this recently updated multifamily property in the heart if the Riverside section of Paterson that is being revitalized. This property promises strong rental returns for an investor or owner-occupant who wishes to collect rental income to offset their mortgage! The property consists of a total of 5 bedrooms and 3 full bathrooms. Unit 1 consists of 2 bedrooms and 1 full bath. Vinyl plank flooring throughout and stainless-steel appliances. This unit has direct access to the basement with 2 bonus rooms for added living space. Unit 2 is duplex style 2 floors of living space! The main level mirrors unit 1, new stainless-steel appliances and recently refreshed for its new occupants. This unit also has its own private deck with direct access to the backyard from the unit. All major components have been replaced over the span of 7 years keeping maintenance costs low. Book your showing today.

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Multi-Family Pending

Price

$ 499,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,108

Style

3-Three Story, Under/Over

Lot Size

0.06

Year Built

1940

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

4010767

Features
Interior
Interior Amenities Fire Extinguisher Smoke Detector Tile Floors Vinyl-Linoleum Floors
Basement Bilco-Style Door Finished-Partially Full
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 See Remarks
Half Baths 0
Total Bedrooms 5
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General
Sewer Public Sewer
Heating 2 Units Forced Hot Air
Cooling None SeeRem
Utilities Gas-Natural
Possession 0-30
Roof Asphalt Shingle
Architectural Style 3-Three Story Under/Over
Year Built 1940
Garage None On-Street Parking
Township Paterson City
Tax Year 2024
Gross Income 0
County Passaic
Net Operating Income 0
Operating Expense 0
Total Rooms 11
Full Baths 3
Status Under Contract
Directions Rt 20 to River st. Left onto Sassafras st.
Open Parking Spaces 0
Number Of Units Total 2
Tax Annual Amount 6108
Home Warranty Y/N No
Drive None
Standard Status Under Contract
Tax Assessed Value 119900
Town # 2508
Tax Lot 14
Farm Assessment No
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Exterior
Exterior Amenities Deck Metal Fence Open Porch(es)
Lot Features Level Lot
Water Source Public Water
Exterior Description Vinyl Siding
Building Area Total 1776
Lot Dimensions 25X112
Lot Size Acres 0.06
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* Excluded Features
List By
BRAULIO CESPEDES

Listing Agent

Real

Broker

Affordability Calculator

$3,581
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,072
Monthly Property Taxes
$509
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/20/2026$499,000 Listed Price

Map


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61 Sassafras St, Paterson, NJ, 07524 is a Multi-Family Home for sale at $499,000 with 1,776 sqft and a lot size of 0.06. 61 Sassafras St has 5 bedrooms, 3.0 baths, and was built in 1940. The property's zip code is 07524 which is in Paterson, NJ