147 N 3rd St Unit 3 Paterson, NJ 07522
Northside NeighborhoodEstimated payment $4,258/month
About This Home
Excellent opportunity!! This fully renovated 3-family home, minutes away from the iconic Great Falls, is a true income-generating powerhouse. luxury vinyl plank floors, kitchens/appliances, bathrooms, and paint this property is a turn-key investment ready to roll.The first-floor unit offers 3 bed, 1 bath, The second-floor unit features 3 beds, 1 bath, and the third-floor boasts 4 beds, 1 bath, commanding over $7,000.00/month.Live in one unit and let the others pay your mortgage, or rent all three and watch your cash flow soar! This is your chance to own a prime, renovated property that's built for profit. This is a great investor play for cash flow or for owner occupied to pay next to nothing on their mortgage
Listing Agent
GOYBURU REALTY, LLC Brokerage Phone: 973-530-4056 Listed on: 07/29/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,394
Year Built
- Built in 1978
Home Design
- Aluminum Siding
Bedrooms and Bathrooms
- 10 Bedrooms
- 3 Full Bathrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Multiple Heating Units
Additional Features
- Basement Fills Entire Space Under The House
- 3,485 Sq Ft Lot
Community Details
- Net Operating Income $75,424
Listing and Financial Details
- Assessor Parcel Number 2508-00505-0000-00018-0000-
- Tax Block *
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 | $6,394 | $125,500 | $25,500 | $100,000 |
| 2024 | $6,153 | $125,500 | $25,500 | $100,000 |
| 2022 | $5,826 | $125,500 | $25,500 | $100,000 |
| 2021 | $5,617 | $125,500 | $25,500 | $100,000 |
| 2020 | $5,240 | $125,500 | $25,500 | $100,000 |
| 2019 | $5,072 | $122,700 | $25,100 | $97,600 |
| 2018 | $5,234 | $121,000 | $24,900 | $96,100 |
| 2017 | $4,992 | $120,000 | $24,700 | $95,300 |
| 2016 | $5,840 | $134,600 | $26,000 | $108,600 |
| 2015 | $5,529 | $134,600 | $26,000 | $108,600 |
| 2014 | $12,070 | $416,200 | $154,300 | $261,900 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2025 07/29/25 | For Sale | $699,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Special Warranty Deed | -- | Os National Llc | |
| Deed | $45,000 | Chicago Title Insurance Comp | |
| Deed | $332,175 | -- | |
| Deed | $285,000 | -- | |
| Deed | $125,000 | -- | |
| Deed | $90,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $150,000 | New Conventional | |
| Previous Owner | $1,809,000 | Commercial | |
| Previous Owner | $6,043,300 | Commercial | |
| Previous Owner | $6,043,300 | Commercial | |
| Previous Owner | $195,000 | Commercial | |
| Previous Owner | $321,000 | New Conventional | |
| Previous Owner | $315,566 | New Conventional | |
| Previous Owner | $81,000 | No Value Available |
Source: Garden State MLS
MLS Number: 3978209
APN: 08-00505-0000-00018
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