215-217 16th Street Paterson, NJ $ 899,999
215-217 16th Street
$ 899,999
Recently Listed
Open House 5/17 12pm - 2pm
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215-217 16th Street

Paterson, NJ, 07524
$ 899,999
Bedrooms11 Baths5.0

Monthly Estimate*

$ 5,541

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Multi-Family Home for sale in Paterson, NJ

for $899,999 with 11 bedrooms and 5 full baths.

Well-maintained multi-family investment property featuring three residential units plus a fully finished walkout basement with additional living space. All units offer spacious, well-proportioned layouts with separate living and dining rooms, providing strong rental functionality and comfortable living space. Unit 1 features 3 bedrooms, 1 full bath, a spacious living room, dining room, and kitchen. Unit 2 offers 3 bedrooms, 1 full bath, with a spacious living room, dining room, and kitchen layout. Unit 3 includes 3 bedrooms, 1 full bath, living room, dining room, and kitchen, offering a functional layout with generous space. The fully finished walkout basement includes 2 bedrooms, 2 full baths, and also features a living room, dining area, and kitchen. Property features a long driveway with two-car wide parking. Each unit has separate utilities. Tenants will remain in place at closing, allowing for immediate rental income. According to seller representation and DCA records, the property is registered and inspected as a 3-unit dwelling. Buyer is responsible for verifying legal use, zoning, and occupancy with the municipality. Strong income-producing property with stable rental structure and long-term appreciation potential. Property is being sold strictly in as-is condition. Showing at Open House Sat 5/16 & Sun 5/17 12-2pm

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Open House

5/17/2026 12:00 PM - 2:00 PM
215-217 16th Street Paterson, NJ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 899,999

Bedrooms

11

Full Bath

5

Property Type

Multi-Family

Taxes

$ 13,935

Style

3 Family

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

26017328

Features
General
Utilities Electricity Connected Natural Gas Connected Sep Heat
Architectural Style 3 Family
Rooms None
County PASSAIC
Property Type 2-4 Family
HOA N
MaintenanceExpense 0.0
Total Rooms 20
Full Baths 5
Status Active - Active
City Paterson
Disclosures Seller's Agent Seller Disclosure - Yes
Year Built Details 1950's Build Prior to 1978
Tax Annual Amount 13935.0
Lease Considered Y/N N
Standard Status Active
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Interior
Heating Y/N N
Half Baths 0
Total Bedrooms 11
Total Baths 5
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* Excluded Features

Affordability Calculator

$6,703
Per Month
83%
17%
0%
Monthly Principal & Interest
$5,541
Monthly Property Taxes
$1,161
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
5/13/2026$899,999 Listed Price

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215-217 16th Street, Paterson, NJ, 07524 is a Multi-Family Home for sale at $899,999. 215-217 16th Street has 11 bedrooms and 5.0 baths. The property's zip code is 07524 which is in Paterson, NJ