11 months on rocket

126 16th Ave Unit 2, Paterson City, NJ, 07501

$400,000

Home List Price

$4,750*

Closing Credit

6 Bedrooms
3 Full Baths
Multi

Location

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126 16th Ave Unit 2, Paterson$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone, On-Street Parking, None, On-Street Parking
Year Built1960
HeatingOther, Natural Gas
CoolingNone
BasementYes
MLS #3879066
Lot Size0.04 Acres
StatusActive

About 126 16th Ave Unit 2

Attention Investors!!!! 2 Family House Sold As Is. 1st Floor Features 2 Bedroom, Kitchen Living Room And A Full Bathroom, 2nd Floor Features 2 Bedroom, Kitchen, Living Room And A Full Bathroom. House Needs TLC and New Heating System!! Great Income Potential for Investors or Renovation Loan/203k. Property Being Sold "As Is "Condition Owner Will Not Make Any Repairs. Property Will Not Qualify For FHA Financing.

Property Details

Property Features

Property Information:

  • Architectural Style: 2-Two Story
  • Year Built: 1960

Listing Office:

  • Office Name: UNICASA UNION REALTY INC
  • Office Phone: (973) 942-4300

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None, On-Street Parking, None, On-Street Parking

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Other, Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: USE GOOGLE MAPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000
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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

126 16th Ave Unit 2 vs Paterson

333 DAYS ON ROCKET

+253 Days

$400,000

-$50K Less

KEY TAKEAWAY

This property is $50K less than the Median List Price in Paterson, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3879066

Listing Office:

  • Office Name: UNICASA UNION REALTY INC
  • Office Phone: (973) 942-4300

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
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, 12:20:46 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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NMLS#3030

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-286557
1
/10

  • Edward W. Kilpatrick

  • 295-315 Ellison St

  • 0.16 miles

  • Public District Grades PK-3

school-card-donut-286558
3
/10

  • Roberto Clemente

  • 434 Rosa Parks Blvd

  • 0.20 miles

  • Public District Grades KG-5

school-card-donut-286559
3
/10

  • School 15

  • 98 Oak St

  • 0.33 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,444. Typical income of Paterson, NJ residents is less than $35k annually. Typical family type is single, no 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›07501›126 16th Ave Unit 2

This home is located at 126 16th Ave Unit 2 in Paterson City, NJ and zip code 07501 in the 5th Ward neighborhood. This home, which was built in 1960, sits on a 0.04 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 23, 2023 and is currently priced at $400,000.

In October 2024 in Paterson, NJ there were 25.1% more homes for sale than in September 2024. While the average time on the market in October 2024 was 80 days, the median list price was $450,000.

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

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