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140 N 7th St, Paterson, NJ, 07522

$550,000

Home List Price

$6,531*

Closing Credit

6 Bedrooms
3 Full Baths
Multi

Location

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140 N 7th St, Paterson$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
HeatingNatural Gas, Forced Air
CoolingWall/Window Unit(s), Window Unit(s)
BasementYes
WaterfrontNone
FireplaceNone
MLS #24030872
StatusActive
(ACTIVE)

About 140 N 7th St

YOUR SEARCH ENDS HERE! Welcome to this versatile two-family home, perfect for both investors and owner-occupants! Each unit offers 3 generously sized bedrooms, 1 full bath, and comfortable living spaces. Both units have eat-in kitchens and living room. The fully refinished attic serves as a bonus recreational area with an additional full bathroom, adding extra flexibility and room for entertainment. The basement, while currently unfinished, offers potential for storage or future customization. Situated in a desirable neighborhood, this property is a great opportunity to own a spacious, adaptable home with room to grow!

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker, Clifton
  • Office Phone: (973) 930-2780
  • Listing Agent: Socrates Olivero

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Vinyl, None

Parking Information:

  • Attached Garage: No
  • Parking: None

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Wall/Window Unit(s), Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000

Tax Information:

  • Annual Amount: $6,337
  • 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

140 N 7th St vs Paterson

54 DAYS ON ROCKET

-26 Days

$550,000

+$100K More

KEY TAKEAWAY

This property is $100K more than the Median List Price in Paterson, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24030872

Listing Office:

  • Office Name: Coldwell Banker, Clifton
  • Office Phone: (973) 930-2780
  • Listing Agent: Socrates Olivero

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: 11/17/2024, 5:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,337$156,700
2019$6,536$153,300
2018$6,236$151,100
2017$6,236$149,900

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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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-488585
5
/10

  • School 5

  • 430 Totowa Ave

  • 0.72 miles

  • Public District Grades KG-5

school-card-donut-488586
5
/10

  • School 19

  • 31 James St

  • 0.90 miles

  • Public District Grades KG-4

school-card-donut-488587
4
/10

  • Washington Elementary School

  • 176 Mohawk Ave

  • 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 $47,632. Typical income of Paterson, NJ residents is between $35k-100k annually. Typical family type is single, with kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Passaic County›Paterson›07522›140 N 7th St

This home is located at 140 N 7th St in Paterson, NJ and zip code 07522 in the Northside neighborhood. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $550,000.

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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