1 Park Place Paterson, NJ 07524
Riverside NeighborhoodEstimated payment $3,410/month
About This Home
Great opportunity to own a well-maintained two-family home in Paterson! Ideal for investors seeking rental income or first-time homebuyers looking to live in one unit while generating income from the other. Conveniently located near schools, shopping, and public transportation. Don't miss this excellent investment opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,900
Home Design
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Additional Features
- 1,999 Sq Ft Lot
- Natural Gas Connected
Listing and Financial Details
- Legal Lot and Block 1 / 2915
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $5,901 | $365,100 | $124,000 | $241,100 |
| 2025 | $5,901 | $110,600 | $21,500 | $89,100 |
| 2024 | $5,423 | $110,600 | $21,500 | $89,100 |
| 2023 | $5,134 | $110,600 | $21,500 | $89,100 |
| 2022 | $5,134 | $110,600 | $21,500 | $89,100 |
| 2021 | $4,950 | $110,600 | $21,500 | $89,100 |
| 2020 | $4,618 | $110,600 | $21,500 | $89,100 |
| 2019 | $4,473 | $108,200 | $21,200 | $87,000 |
| 2018 | $4,620 | $106,800 | $21,100 | $85,700 |
| 2017 | $4,410 | $106,000 | $21,000 | $85,000 |
| 2016 | $4,764 | $109,800 | $20,000 | $89,800 |
| 2015 | $4,511 | $109,800 | $20,000 | $89,800 |
| 2014 | $6,914 | $238,400 | $131,500 | $106,900 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/08/2026 07/08/26 | For Sale | $529,999 | +1.0% | -- | |
| 06/28/2024 06/28/24 | Sold | $525,000 | +5.0% | $341 / Sq Ft | View Prior Sale |
| 06/13/2024 06/13/24 | Pending | -- | -- | -- | |
| 05/30/2024 05/30/24 | For Sale | $500,000 | +963.8% | $325 / Sq Ft | |
| 11/28/2016 11/28/16 | Sold | $47,000 | -54.8% | $31 / Sq Ft | View Prior Sale |
| 10/17/2016 10/17/16 | Pending | -- | -- | -- | |
| 05/04/2016 05/04/16 | For Sale | $104,000 | -- | $68 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $525,000 | Evident Title Agency | |
| Deed | -- | New Title Company Name | |
| Special Warranty Deed | -- | None Available | |
| Special Warranty Deed | -- | Rms Title Services Llc | |
| Sheriffs Deed | -- | None Available | |
| Deed | $230,000 | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $515,490 | FHA | |
| Previous Owner | $1,942,000 | New Conventional | |
| Previous Owner | $184,000 | Adjustable Rate Mortgage/ARM |
Source: New Jersey MLS
MLS Number: 26025846
APN: 08-02915-0000-00001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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 Ten-X 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, Inc.
© 2026 New Jersey Multiple Listing Service Inc. All rights reserved.
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