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227 Mill St, Paterson, 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
MLS #24034707
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

Listing Office:

  • Office Name: RE/MAX SELECT - Montclair
  • Office Phone: (973) 739-8008
  • Listing Agent: Mariangela Rodriguez Quintero

Interior Features

Bedroom and Bathroom Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000

Tax Information:

  • Annual Amount: $6,678
  • 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

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: #24034707

Listing Office:

  • Office Name: RE/MAX SELECT - Montclair
  • Office Phone: (973) 739-8008
  • Listing Agent: Mariangela Rodriguez Quintero

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, 4:21:03 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 28, 1991Home Sold
$95,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,678$149,200
2019$6,225$146,000
2018$5,940$143,900
2017$5,940$142,800

History based on county public records data.

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-4378446
3
/10
  • Philip's Academy Charter School of Paterson

  • 47 State St

  • 0.57 miles

  • Public Charter Grades KG-4

school-card-donut-4378447
3
/10
  • School 15

  • 98 Oak St

  • 0.61 miles

  • Public District Grades PK-5

school-card-donut-4378448
1
/10
  • Edward W. Kilpatrick

  • 295-315 Ellison St

  • 0.76 miles

  • Public District Grades PK-3

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. The majority of residents in this area have high school diploma education.

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, NJ and zip code 07501 in the Downtown Paterson neighborhood. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $399,000.

The inventory of homes for sale in Paterson, NJ between October 2024 and November 2024 increased by 17.3%. In November 2024, listings were on the market for 85 days. During the same period, the median list price in this real estate market was $462,300.

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

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