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
Property Information:
Architectural Style: Other-See Remarks
Listing Office:
Office Name: KELLER WILLIAMS PARK VIEWS
Office Phone: (201) 939-0050
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 4
Total Bedroom Count: 12
Utilities
Utilities Information:
Heating: Natural Gas
Cooling: Window Unit(s)
Price Information
Listing Price Info
Price Summary:
List Price: $750,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Paterson, NJ.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,811
Per Month
Principal & Interest
$3,744
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,315
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
School 5
430 Totowa Ave
Distance between this listing and this school0.48 miles
Public District Grades KG-5
5
/10
School 19
31 James St
Distance between this listing and this school0.62 miles
Public District Grades KG-4
1
/10
Edward W. Kilpatrick
295-315 Ellison St
Distance between this listing and this school1.05 miles
Public District Grades PK-3
Nearby Schools
3
/10
Rev. Dr. Frank Napier Jr. School
55 Clinton St
Distance between this listing and this school0.39 miles
Public District Grades 1-8
9
/10
School 28
200 Presidential Blvd
Distance between this listing and this school0.46 miles
Public District Grades PK-8
2
/10
School 12
121 N 2nd St
Distance between this listing and this school0.59 miles
Public District Grades KG-8
Nearby Schools
1
/10
School of Health Science
57 Colt St
Distance between this listing and this school0.79 miles
Public District Grades 9-12
1
/10
School of Architecture and Construction Trades
61-127 Preakness Avenue
Distance between this listing and this school0.87 miles
Public District Grades 9-12
2
/10
School of Earth and Space Science
201 Memorial Dr
Distance between this listing and this school0.92 miles
The neighbors living near this home have an average income of $54,605. Typical income of Paterson, NJ residents is between $35k-100k annually. Residents typically live in single, with kids family. Most residents in this area have high school diploma education.
This home is located at 18 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.
The number of homes for sale in Paterson, NJ increased by 17.3% between October 2024 and November 2024. Listings spent 85 days on the market in November 2024, and had a median list price of $462,300 during the same period.
From Rocket Homes Real Estate and based on county public records data.