127 Godwin Ave Paterson, NJ 07501
Eastside NeighborhoodEstimated payment $3,830/month
About This Home
Welcome to this young, beautifully maintained two-family home offering space, comfort, and incredible upside in one of the areas fastest developing neighborhoods. Surrounded by new construction, trendy cafes, and revitalized streets, this property sits in the heart of an area experiencing steady growth and gentrification, making it an excellent long-term investment. The first-floor duplex spans two levels with a spacious 3 bedroom, 2.5 bath layout, featuring an open-concept living and dining room, modern kitchen, large ground-level walkout with recreation room ideal for a home office or gym, and in-unit laundry. The second-floor apartment has its own private entrance and includes another 3 bedrooms and 2 baths, with an airy open layout and plenty of natural light, perfect for generating strong rental income. Enjoy the convenience of an attached garage, driveway parking for multiple cars, and a large backyard for relaxing or entertaining. Located near NJ Transit, shopping, schools, and major highways. This property offers unbeatable accessibility and value!
Listing Agent
ESSENTIAL REAL ESTATE Brokerage Phone: 973-860-7018 Listed on: 10/29/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,598
Year Built
- Built in 2008
Lot Details
- 2,614 Sq Ft Lot
Parking
- 1 Car Attached Garage
Home Design
- Vinyl Siding
Bedrooms and Bathrooms
- 6 Bedrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- Forced Air Heating and Cooling System
- Two Cooling Systems Mounted To A Wall/Window
- Multiple Heating Units
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2508-03515-0000-00030-0000-
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 | $2,598 | $51,000 | $42,600 | $8,400 |
| 2024 | $2,501 | $51,000 | $42,600 | $8,400 |
| 2022 | $2,367 | $51,000 | $42,600 | $8,400 |
| 2021 | $2,283 | $51,000 | $42,600 | $8,400 |
| 2020 | $2,129 | $51,000 | $42,600 | $8,400 |
| 2019 | $2,108 | $51,000 | $42,600 | $8,400 |
| 2018 | $2,102 | $48,600 | $42,600 | $6,000 |
| 2017 | $2,005 | $48,200 | $42,600 | $5,600 |
| 2016 | $2,091 | $48,200 | $42,600 | $5,600 |
| 2015 | $1,980 | $48,200 | $42,600 | $5,600 |
| 2014 | $1,607 | $55,400 | $50,300 | $5,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/29/2025 10/29/25 | For Sale | $689,000 | +46.6% | -- | |
| 05/11/2022 05/11/22 | Sold | $470,000 | 0.0% | -- | View Prior Sale |
| 03/22/2022 03/22/22 | Pending | -- | -- | -- | |
| 03/03/2022 03/03/22 | For Sale | $470,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | -- | Fidelity National Title | |
| Deed | $470,000 | Stewart Title Guaranty Company | |
| Deed | $25,000 | Green Label Title | |
| Deed | $200 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,850,000 | No Value Available | |
| Closed | $3,850,000 | Credit Line Revolving | |
| Previous Owner | $356,250 | New Conventional |
Source: Garden State MLS
MLS Number: 3995208
APN: 08-03515-0000-00030
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