2 months on rocket

18-20 N 7th St, Paterson, NJ, 07522

$750,000

Home List Price

$8,906*

Closing Credit

12 Bedrooms
4 Full Baths
Multi

Location

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18-20 N 7th St, Paterson$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
MLS #24031504
StatusActive

About 18-20 N 7th St

This 4-family property offers great potential, featuring four separate units, each with three bedrooms, one full bathroom, a kitchen, and a living room. Each unit has its own electric and gas utilities, ensuring individual control. Located near shopping, schools, and public transportation, this property offers an excellent opportunity for investors or those looking for multi-family living in a convenient area. A versatile property with plenty of possibilities.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Park Views
  • Office Phone: (201) 939-0050
  • Listing Agent: Andres Ospina

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 12

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000

Tax Information:

  • Annual Amount: $12,237
  • Tax Year: 2020
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Housing Market Comparison

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

Med. List Price

$462.3K

Med. Price/SqFt

$245

Avg. Days On Market

85

# of Sold Homes

9

18-20 N 7th St vs Paterson

79 DAYS ON ROCKET

-6 Days

$750,000

+$287.7K More

KEY TAKEAWAY

This property is $287.7K more than the Median List Price in Paterson, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24031504

Listing Office:

  • Office Name: Keller Williams Park Views
  • Office Phone: (201) 939-0050
  • Listing Agent: Andres Ospina

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: 12/18/2024, 8:21:09 AM 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$12,237$301,700
2019$12,640$296,000
2018$12,068$292,200
2017$12,068$290,100

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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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-4462897
5
/10
  • School 5

  • 430 Totowa Ave

  • 0.46 miles

  • Public District Grades KG-5

school-card-donut-4462898
5
/10
  • School 19

  • 31 James St

  • 0.60 miles

  • Public District Grades KG-4

school-card-donut-4462899
1
/10
  • Edward W. Kilpatrick

  • 295-315 Ellison St

  • 1.05 miles

  • Public District Grades PK-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,605. The most common annual income of people living in Paterson, NJ is between $35k-100k. The majority of families are single, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesNew JerseyPassaic CountyPaterson0752218-20 N 7th St

This home is located at 18-20 N 7th St in Paterson, NJ and zip code 07522 in the Northside neighborhood. Features: 12 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 29, 2024 and is currently priced at $750,000.

Between October 2024 and November 2024, Paterson, NJ real estate market has seen increase in the number of listings by 17.3%. 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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