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227 Mill St, Paterson City, NJ, 07501

$399,000

Home List Price

$4,738*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
Multi

Location

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227 Mill St, Paterson$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn-Street Parking, See Remarks
HeatingNatural Gas
BasementYes
MLS #3931547
Lot Size0.07 Acres
StatusActive

About 227 Mill St

Introducing a charming multi family in the heart of Paterson, nestled on a cul-de-sac street! This three-family house offers a unique blend of space,potential and making it an ideal investment or a charming multi-generational home. Step inside to discover an open-concept floor plan. With a total of 5 bedrooms and 3.5 bathrooms across the building, with the partially finished basement that has a seperate entrance. Living here means embracing the cul-de-sac. Ready for a tour of what might be your new investment. Opportunity is knocking at this door!

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story

Listing Office:

  • Office Name: RE/MAX SELECT
  • Office Phone: (973) 739-8008

Interior Features

Interior Information:

  • Appliances: Microwave
  • Basement: Yes
  • Interior: Blinds, Carbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, Smoke Detector

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: FencVnyl, FencWood

Parking Information:

  • Parking: On-Street Parking, See Remarks

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: Google Maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
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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

227 Mill St vs Paterson

50 DAYS ON ROCKET

-35 Days

$399,000

-$63.3K Less

KEY TAKEAWAY

This property is $63.3K less than the Median List Price in Paterson, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3931547

Listing Office:

  • Office Name: RE/MAX SELECT
  • Office Phone: (973) 739-8008

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, 12:55:49 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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Payment Calculator

$2,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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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-4393644
3
/10

  • Philip's Academy Charter School of Paterson

  • 47 State St

  • 0.57 miles

  • Public Charter Grades KG-4

school-card-donut-4393645
3
/10

  • School 15

  • 98 Oak St

  • 0.61 miles

  • Public District Grades PK-5

school-card-donut-4393646
1
/10

  • Edward W. Kilpatrick

  • 295-315 Ellison St

  • 0.76 miles

  • Public District Grades PK-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,800. Typical income of Paterson, NJ residents is less than $35k annually. Most families are married, 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›07501›227 Mill St

This home is located at 227 Mill St in Paterson City, NJ and zip code 07501 in the Downtown Paterson neighborhood. This home sits on a 0.07 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $399,000.

Between October 2024 and November 2024, Paterson, NJ real estate market has seen increase in the number of listings by 17.3%. While the average time on the market in November 2024 was 85 days, the median list price was $462,300.

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

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