116 Marshall St Paterson, NJ 07501
Downtown Paterson NeighborhoodEstimated payment $4,170/month
About This Home
4 Family, 2 2 family houses on one lot. Great investment property. The front property offers 1 bedroom, 1 bathroom on the first floor and 2 bedrooms, 2 bathrooms on the second floor. The back property offers 2 bedrooms, 2 bathrooms on the first floor and 2 bedrooms and 2 bathrooms on the 2nd floor. Leases are up on March 31st and are on a month to month basis thereafter Separated utilities, 4 gas unit, 4 hot water heater and separated electrical description. On street parking, no laundry on site. Property is being sold "AS IS"
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,957
Lot Details
- 2,901 Sq Ft Lot
Home Design
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
Community Details
- No Laundry Facilities
Listing and Financial Details
- Legal Lot and Block 00014 / 05904
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $10,348 | $203,100 | $23,700 | $179,400 |
| 2024 | $9,958 | $203,100 | $23,700 | $179,400 |
| 2023 | $9,428 | $203,100 | $23,700 | $179,400 |
| 2022 | $9,428 | $203,100 | $23,700 | $179,400 |
| 2021 | $9,091 | $203,100 | $23,700 | $179,400 |
| 2020 | $8,479 | $203,100 | $23,700 | $179,400 |
| 2019 | $8,210 | $198,600 | $23,400 | $175,200 |
| 2018 | $8,466 | $195,700 | $23,300 | $172,400 |
| 2017 | $8,083 | $194,300 | $23,200 | $171,100 |
| 2016 | $8,908 | $205,300 | $24,500 | $180,800 |
| 2015 | $8,434 | $205,300 | $24,500 | $180,800 |
| 2014 | $9,782 | $337,300 | $151,800 | $185,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/18/2024 12/18/24 | Pending | -- | -- | -- | |
| 11/25/2024 11/25/24 | For Sale | $625,000 | +25.0% | -- | |
| 03/14/2022 03/14/22 | Sold | $500,000 | -6.5% | $355 / Sq Ft | View Prior Sale |
| 02/03/2022 02/03/22 | Pending | -- | -- | -- | |
| 12/18/2021 12/18/21 | For Sale | $535,000 | -- | $380 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $500,000 | Stewart Title Guaranty Company | |
| Deed | $500,000 | Stewart Title Guaranty Company | |
| Deed | $345,000 | -- | |
| Deed | $120,000 | -- | |
| Deed | $79,100 | -- | |
| Deed | -- | -- | |
| Sheriffs Deed | -- | -- | |
| Deed | $144,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $481,500 | New Conventional | |
| Closed | $481,500 | New Conventional | |
| Previous Owner | $327,750 | No Value Available | |
| Previous Owner | $114,600 | FHA |
Source: New Jersey MLS
MLS Number: 24037548
APN: 08-05904-0000-00014
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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.
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