4 months on rocket

172 N Main St, Paterson City, NJ, 07522

$899,000

Home List Price

$10,000*

Closing Credit

9 Bedrooms
5 Full Baths
Multi

Location

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172 N Main St, Paterson$899,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn-Street Parking, On-Street Parking
Year Built2024
HeatingZoned, Natural Gas
BasementYes
MLS #3916105
Lot Size0.06 Acres
StatusActive

About 172 N Main St

Discover the potential of 172 N Main Street, Paterson. This recently renovated property offers a prime opportunity with 4 residential units available for lease, complemented by a versatile commercial space on the main floor. Each unit boasts brand new kitchens and bathrooms, ensuring modern comfort and style. This 4,000 square foot building features 14-foot ceilings. Situated near downtown Paterson and adjacent to a park. Ideal for investors seeking a promising venture, 172 N Main Street promises both immediate rental income and long-term appreciation.

Property Details

Property Features

Property Information:

  • Architectural Style: 2-Two Story, See Remarks
  • Year Built: 2024

Listing Office:

  • Office Name: CHRISTIE'S INT. REAL ESTATE GROUP
  • Office Phone: (201) 981-2530

Interior Features

Interior Information:

  • Appliances: Refrigerator, Washer
  • Basement: Yes
  • Interior: Fire Extinguisher, High Ceilings, Security System, Smoke Detector

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • Exterior: Metal Fence, Patio, Sidewalk

Parking Information:

  • Parking: On-Street Parking, On-Street Parking

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Zoned, Natural Gas

Other

Directions Information:

  • Directions: E Main - N Main and Haledon

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,000
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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

$462.3K

Med. Price/SqFt

$245

Avg. Days On Market

85

# of Sold Homes

9

172 N Main St vs Paterson

140 DAYS ON ROCKET

+55 Days

$899,000

+$436.7K More

KEY TAKEAWAY

This property is $436.7K more than the Median List Price in Paterson, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3916105

Listing Office:

  • Office Name: CHRISTIE'S INT. REAL ESTATE GROUP
  • Office Phone: (201) 981-2530

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: 12/18/2024, 8:20:48 AM 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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$4,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,762

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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-4458770
1
/10

  • Edward W. Kilpatrick

  • 295-315 Ellison St

  • 0.76 miles

  • Public District Grades PK-3

school-card-donut-4458771
5
/10

  • School 5

  • 430 Totowa Ave

  • 0.95 miles

  • Public District Grades KG-5

school-card-donut-4458772
4
/10

  • Washington Elementary School

  • 176 Mohawk Ave

  • 0.98 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 $27,031. Most Paterson, NJ residents have annual incomes less than $35k. The most common type of family is single, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Passaic County›Paterson›07522›172 N Main St

This home is located at 172 N Main St in Paterson City, NJ and zip code 07522 in the Northside neighborhood. This home, which was built in 2024, sits on a 0.06 acre lot. Features: 9 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 31, 2024 and is currently priced at $899,000.

The number of listings in Paterson, NJ increased by 17.3% between October 2024 and November 2024. The median list price of listings available in November 2024 was $462,300, while the average time on the real estate market was 85 days.

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

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