202 Mill Street Paterson, NJ $ 749,900
202 Mill Street
$ 749,900
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202 Mill Street

Paterson, NJ, 07501
$ 749,900
Bedrooms9 Baths3.0

Monthly Estimate*

$ 4,617

202 Mill Street, Paterson, NJ 07501 - Image 1

Multi-Family Home for sale in Paterson, NJ

for $749,900 with 9 bedrooms and 3 full baths.

Turnkey Renovated 3 years ago - 3-Family - High Yield & Low Maintenance. Rare opportunity to own a fully gut-renovated, income-producing 3-family property in a high-demand location near Downtown Paterson. Stripped to the studs and completely reimagined, this substantial residence offers three spacious units, each featuring a modern 3-bedroom layout designed to attract premium tenants or provide comfortable owner-occupant living. High-end capital improvements include a new roof, new siding, and windows, ensuring minimal deferred maintenance and low operating expenses. Each unit showcases updated kitchens with contemporary cabinetry and durable countertops, alongside fully updated modern baths. Perfectly situated just minutes from shopping, dining, public transportation, and major highways, this property offers an unbeatable combination for commuters and investors alike. Whether you are looking for a stabilized asset or a "live-in-one, rent-the-others" house-hack, this property delivers immediate value and long-term durability. Just turn the key and start collecting.

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Multi-Family Active

Price

$ 749,900

Bedrooms

9

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,286

Style

3 Family

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

26009619

Features
General
Utilities Electricity Connected Natural Gas Connected Sep Heat Water Connected
Garage Spaces 0.0
Architectural Style 3 Family
Rooms None
County PASSAIC
Property Type 2-4 Family
HOA N
Total Rooms 15
Full Baths 3
Status Active - Active
City Paterson
Disclosures Seller's Agent Seller Disclosure - Yes
Year Built Details 1940's Build Prior to 1978
Tax Annual Amount 5286.0
Lease Considered Y/N N
Standard Status Active
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Interior
Heating Y/N N
Half Baths 0
Laundry Features None
Total Bedrooms 9
Total Baths 3
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* Excluded Features

Affordability Calculator

$5,058
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,617
Monthly Property Taxes
$441
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
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/23/2026$749,900 Listed Price

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202 Mill Street, Paterson, NJ, 07501 is a Multi-Family Home for sale at $749,900. 202 Mill Street has 9 bedrooms and 3.0 baths. The property's zip code is 07501 which is in Paterson, NJ