215 - 217 E 16Th St # 3 Paterson, NJ $ 899,999
215 - 217 E 16Th St # 3
$ 899,999
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215 - 217 E 16Th St # 3

Paterson, NJ, 07524
$ 899,999
Bedrooms12 Baths5.0

Monthly Estimate*

$ 5,541

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Multi-Family Home for sale in Paterson, NJ

for $899,999 with 12 bedrooms and 5 full baths. This home was built in 1950 on a lot size of 0.11.

Well-maintained multi-family 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 4 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.

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Multi-Family Active

Price

$ 899,999

Bedrooms

12

Full Bath

5

Property Type

Multi-Family

Taxes

$ 13,935

Style

3-Three Story

Lot Size

0.11

Year Built

1950

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

4027159

Features
General
Sewer Public Sewer See Remarks
Heating 3 Units Radiators - Hot Water See Remarks
Cooling Wall A/C Unit(s)
Utilities See Remarks
Possession 0-60
Roof See Remarks
Water Heater See Remarks
Architectural Style 3-Three Story
Year Built 1950
Township Paterson City
Unit Number 3
Tax Year 2025
Gross Income 0
County Passaic
Net Operating Income 0
Operating Expense 0
Total Rooms 20
Full Baths 5
Status Active
Directions Between 8th Ave and 7th Ave
Open Parking Spaces 1
Number Of Units Total 3
Tax Annual Amount 13935
Drive 2 Car Width Driveway-Exclusive Off-Street Parking
Standard Status Active
Tax Assessed Value 725500
Town # 2508
Tax Lot 8
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Interior
Basement Finished Walkout
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 1.0
Unit 2 Beds Total 4
Unit 3 Baths Total 1.0
Unit 3 Beds Total 3
Fuel Type Gas-Natural See Remarks
Half Baths 0
Total Bedrooms 12
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Exterior
Water Source Public Water See Remarks
Exterior Description See Remarks Vinyl Siding
Lot Dimensions 50X100
Lot Size Acres 0.11
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* Excluded Features
List By
DEBRA CISNEROS PEREZ

Listing Agent

Coldwell Banker Realty

Broker

debracisneros.re@gmail.com

Email

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
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/13/2026$899,999 Listed Price

Map


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215 - 217 E 16Th St # 3, Paterson, NJ, 07524 is a Multi-Family Home for sale at $899,999 with a lot size of 0.11. 215 - 217 E 16Th St # 3 has 12 bedrooms, 5.0 baths, and was built in 1950. The property's zip code is 07524 which is in Paterson, NJ