5 months on rocket

102-104 3rd Ave, Paterson, NJ, 07514

$1,200,000

Home List Price

$10,000*

Closing Credit

10 Bedrooms
4 Full Baths
Multi

Location

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102-104 3rd Ave, Paterson$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAttached
Attached GarageYes
HeatingElectric, Natural Gas, Hot Water
CoolingNone
BasementYes
WaterfrontNone
FireplaceNone
MLS #24020016
StatusActive
(ACTIVE)

About 102-104 3rd Ave

This property has a great rent roll to make any purchaser happy with its return on investment. The one-family home has a rent of $2,430.00, The rear apt is rented for $2,300, The restaurant rent is $2,100, and the rear apt behind the restaurant is $2,200.00. The listing is being sold as a 4-unit property with the address of 100,102,104 3rd Ave Paterson. The total taxes for the property is $19,500.00 for all the units. THE CAP RATE IS CLOSE TO 11%.

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Susani
  • Listing Agent: John G. Susani

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 10

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Aluminum, Brick, Hdwd As In, Strms/Scrns

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached

Lot Features

Lot Information:

  • Lot: Irregular Lot

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas, Hot Water
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000

Tax Information:

  • Annual Amount: $8,854
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Paterson, NJ.

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Paterson, NJ

City

Med. List Price

$450K

Med. Price/SqFt

$287

Avg. Days On Market

80

# of Sold Homes

12

102-104 3rd Ave vs Paterson

152 DAYS ON ROCKET

+72 Days

$1,200,000

+$750K More

KEY TAKEAWAY

This property is $750K more than the Median List Price in Paterson, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24020016

Listing Office:

  • Office Name: Coldwell Banker Susani
  • Listing Agent: John G. Susani

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 17, 2009Home Sold
$185,000
Jan 05, 2006Home Sold
$350,000
May 14, 2004Home Sold
$295,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,854$197,800
2019$8,254$193,500
2018$7,879$190,800
2017$7,879$189,400

History based on county public records data.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-272841
7
/10

  • Westmoreland Elementary School

  • 16-50 Parmelee Ave

  • 0.64 miles

  • Public District Grades PK-5

school-card-donut-272842
8
/10

  • Forrest Elementary School

  • 10-00 Hopper Ave

  • 0.80 miles

  • Public District Grades KG-5

school-card-donut-272843
6
/10

  • School 1

  • 1 E 32nd St

  • 1.01 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,490. Typical income of Paterson, NJ residents is between $35k-100k annually. Typical family type is married, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Passaic County›Paterson›07514›102-104 3rd Ave

This home is located at 102-104 3rd Ave in Paterson, NJ and zip code 07514 in the 3rd Ward neighborhood. Features: 10 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 22, 2024 and is currently priced at $1,200,000.

The inventory of homes for sale in Paterson, NJ between September 2024 and October 2024 increased by 25.1%. In October 2024, listings were on the market for 80 days. During the same period, the median list price in this real estate market was $450,000.

From Rocket Homes Real Estate and based on county public records data.

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