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316 Sherwood Avenue Paterson, NJ $ 399,000
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$ 399,000 Get more info
316 Sherwood Avenue
$ 399,000
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316 Sherwood Avenue

Paterson, NJ, 07502
$ 399,000
Bedrooms5 Baths3.0

Monthly Estimate*

$ 2,457

316 Sherwood Avenue, Paterson, NJ 07502 - Image 1
316 Sherwood Avenue, Paterson, NJ 07502 - Image 2

Single Family Home for sale in Paterson, NJ

for $399,000 with 5 bedrooms and 3 full baths.

AS-IS SALE. Spacious 5-bedroom, 3 full bath home in a desirable Paterson location. Property requires substantial renovation and is priced accordingly. Excellent opportunity for investors, contractors, or buyers seeking a value-add project. Convenient location near transportation, shopping, schools, and major highways. Great potential—bring your vision! This is a short sale subject to 3rd party approval. The home is being sold as-is, where is a condition with no warranties expressed or implied. Inspections are for informational purposes only. Buyer will be responsible for all FHA, VA or lender repairs needed for financing, if required. Please note that if the town requires a certificate of occupancy, this will be the buyer’s responsibility. All contracts must have wet signatures (Bank(s) will not accept digital signatures). **NOTE Buyer responsible for signing all applicable short sale negotiator disclosures - Documents are uploaded into the disclosure section

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Single Family Active

Price

$ 399,000

Bedrooms

5

Full Bath

3

Property Type

Single Family

Taxes

$ 15,825

Style

Single Family Residence

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

26021460
Features
General
Heating Natural Gas Radiators
Cooling Window Unit(s)
Garage Spaces 2.0
Pool Features None
Construction Materials Aluminum Siding Brick
View None
Rooms None
Property Subtype Single Family Residence
Ownership Private
Waterfront Features None
County PASSAIC
Property Type Residential
HOA N
Total Rooms 9
Full Baths 3
Status Active - Active
City Paterson
Disclosures Seller's Agent Seller Disclosure - Yes
Year Built Details 1960's Build Prior to 1978
Tax Annual Amount 15825.0
Lease Considered Y/N N
Standard Status Active
Property Sub Type Additional Cntr Hl
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Interior
Basement Unfinished
Fireplace Features None
Heating Y/N N
Half Baths 0
Total Bedrooms 5
Total Baths 3
Power Production Type Photovoltaics
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Exterior
Lot Features Regular
Other Parking Attached
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* Excluded Features

Affordability Calculator

$3,775
Per Month
65%
35%
0%
Monthly Principal & Interest
$2,457
Monthly Property Taxes
$1,319
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
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Pricing History
DatePricePrice ChangeDescription
6/18/2026$399,000 Listed Price

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316 Sherwood Avenue, Paterson, NJ, 07502 is a Single Family Home for sale at $399,000. 316 Sherwood Avenue has 5 bedrooms and 3.0 baths. The property's zip code is 07502 which is in Paterson, NJ

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