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38-40 Lexington Ave, Paterson, NJ, 07502

$495,000

Home List Price

$5,878*

Closing Credit

2 Bedrooms
2 Full Baths
House

Location

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38-40 Lexington Ave, Paterson$495,000

Buyer Closing Credits

$5,878*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
BasementYes
WaterfrontNone
FireplaceNone
ViewNone
MLS #24033935
StatusActive
(ACTIVE)

About 38-40 Lexington Ave

Nice Ranch style home ready to move in. Featuring 2 bedrooms, eating kitchen with Dining area, large living room. Fenced in backyard, paved backyard with patio. Finished Basement for additional living space that includes a recreation room, laundry room and 3 additional bonus rooms. The fenced in backyard includes paved area, concrete patio & lawn space for summer entertainment. Detached garage and large driveway that can accommodate 3+ cars. Flood Insurance Required.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch

Listing Office:

  • Office Name: NextHome Royal Lion Realty
  • Office Phone: (973) 250-6636
  • Listing Agent: Rosa Stimmler

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: None
  • Exterior: Brick Faced, Vinyl, None, Deck / Patio

Parking Information:

  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $495,000

Tax Information:

  • Annual Amount: $8,205
  • Tax Year: 2020
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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

$450K

Med. Price/SqFt

$287

Avg. Days On Market

80

# of Sold Homes

12

38-40 Lexington Ave vs Paterson

30 DAYS ON ROCKET

-50 Days

$495,000

+$45K More

KEY TAKEAWAY

This property is $45K more than the Median List Price in Paterson, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24033935

Listing Office:

  • Office Name: NextHome Royal Lion Realty
  • Office Phone: (973) 250-6636
  • Listing Agent: Rosa Stimmler

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: 11/21/2024, 11:20:51 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

Sep 14, 1990Home Sold
$67,385

Tax History

YEARPROP. TAXASSESSMENT
2020$8,205$183,300
2019$7,492$179,300
2018$8,050$173,200
2017$8,050$193,500

History based on county public records data.

Payment Calculator

$2,538

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,551

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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-270211
5
/10

  • School 19

  • 31 James St

  • 0.57 miles

  • Public District Grades KG-4

school-card-donut-270212
3
/10

  • School 27

  • 250 Richmond Ave

  • 0.58 miles

  • Public District Grades PK-5

school-card-donut-270213
5
/10

  • School 5

  • 430 Totowa Ave

  • 0.77 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 $67,457. Most Paterson, NJ residents have annual incomes between $35k-100k. The most common type of family is married, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 38-40 Lexington Ave

What is the listing price of this property?

The listing price of 38-40 Lexington Ave property is $495,000.

What type of property is this?

The property 38-40 Lexington Ave is a house located in Paterson, New Jersey, 07502.

Is this property for sale now?

Active Listing: 38-40 Lexington Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,205 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 14, 1990 for $67,385. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 38-40 Lexington Ave has 2 bedrooms and 2 bathrooms.

Rocket Homes›New Jersey›Passaic County›Paterson›07502›38-40 Lexington Ave

This home is located at 38-40 Lexington Ave in Paterson, NJ and zip code 07502 in the 2nd Ward neighborhood. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $495,000.

The number of homes for sale in Paterson, NJ increased by 25.1% between September 2024 and October 2024. The median list price of listings available in October 2024 was $450,000, while the average time on the real estate market was 80 days.

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

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