new - 3 days on rocket

488 E 18th St, Paterson City, NJ, 07514

$650,000

Home List Price

$7,719*

Closing Credit

7 Bedrooms
3 Full Baths
Multi

Location

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488 E 18th St, Paterson$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1 Car Width, On-Street Parking
Year Built9999
HeatingForced Air, Natural Gas
BasementYes
MLS #3937968
Lot Size0.05 Acres
StatusActive

About 488 E 18th St

Welcome to 488 E 18th St in Paterson, NJ! This large 3-Family home presents an incredible opportunity for both homeowners and investors. Boasting a total of 7 bedrooms and 3 bathrooms, this property is on a corner lot and offers ample space and versatility. The bedrooms are generously sized, offering comfort and privacy for all residents. Outside, you will find a driveway in the rear of the home and a backyard that can be used for relaxation and entertaining. The home's convenient location provides easy access to a variety of nearby amenities, ensuring a lifestyle of convenience and comfort. The property is located 2 miles from St. Joseph's hospital. This multi-family home is an excellent investment opportunity, offering the potential for rental income or a multi-generational living arrangement. Whether you're looking to expand your investment portfolio or searching for a spacious home, this property is a must-see. Don't miss out on the chance to own this remarkable multi-family home in a desirable location.

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story
  • Year Built: 9999

Listing Office:

  • Office Name: COMPASS NEW JERSEY, LLC
  • Office Phone: (862) 246-9225

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: Yes
  • Interior: Blinds, Carbon Monoxide Detector, Smoke Detector, Vinyl-Linoleum Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Exterior: Open Porch(es), Sidewalk

Parking Information:

  • Parking: 1 Car Width, On-Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: Madison Ave to E 18th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
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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

488 E 18th St vs Paterson

3 DAYS ON ROCKET

-82 Days

$650,000

+$187.7K More

KEY TAKEAWAY

This property is $187.7K more than the Median List Price in Paterson, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3937968

Listing Office:

  • Office Name: COMPASS NEW JERSEY, LLC
  • Office Phone: (862) 246-9225

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

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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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-4333026
6
/10

  • School 1

  • 1 E 32nd St

  • 0.64 miles

  • Public District Grades KG-5

school-card-donut-4333027
1
/10

  • Edward W. Kilpatrick

  • 295-315 Ellison St

  • 0.64 miles

  • Public District Grades PK-3

school-card-donut-4333028
3
/10

  • Roberto Clemente

  • 434 Rosa Parks Blvd

  • 0.71 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 $26,987. Most Paterson, NJ residents have annual incomes less than $35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Passaic County›Paterson›07514›488 E 18th St

This home is located at 488 E 18th St in Paterson City, NJ and zip code 07514 in the 4th Ward neighborhood. This home, which was built in 9999, sits on a 0.05 acre lot. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 14, 2024 and is currently priced at $650,000.

The inventory of homes for sale in Paterson, NJ between October 2024 and November 2024 increased by 17.3%. 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.

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