A great investment opportunity awaits in the heart of Paterson, NJ. A triplex home in a good-sized corner lot " this property spans three floors that each serve as a separate dwelling.Everything a family could ever need in a home is here. Each floor contains three cozy bedrooms with timber flooring, a friendly living room perfect for hanging out and hosting guests, a kitchen that brings the household chef to the spotlight, and a full bathroom that offers relief while everyone goes about their day.This huge home presents a finished basement with huge possibilities, and a good-sized backyard with enough room for storage and potential renovation. Its great location is moments away from nearby amenities, including schools, shopping areas, restaurants, and access to the major Route 80 Highway. It's also a short drive from gorgeous parklands including the popular Garrett Mountain Reservation. You can't miss this opportunity!
Last Agent to Sell the Property
Realty One Group Legend, Clifton Listed on: 03/23/2022
Home Type
Est. Annual Taxes
Lot Details
Home Design
Bedrooms and Bathrooms
Community Details
Listing and Financial Details
$500,000
Calling all investors! This is an excellent opportunity to own a mixed used property and receive extra income. Situated in Paterson, this is a commercial building currently occupied by two businesses on the first floor (beauty salon as a front store and a restaurant as a side store). On the upper level there are two apartments with their own private entrance. Both apartments showcase the same
Linda Iriarte UNICASA UNION REALTY INC
$490,000
Welcome to 521 E 18th St, a high-visibility mixed-use property offering excellent business and investment potential. Currently operating as a fully equipped salon, the commercial space can be maintained as-is or repurposed for retail, office or creative use. With the proper approvals, the property may also be converted into multiple residential units. Zoned R-3 (high-density residential).
Jorge Garcia RE/MAX SELECT
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $695,000 | Main Street Title | |
| Deed | $205,000 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $682,411 | FHA | |
| Previous Owner | $455,000 | New Conventional | |
| Previous Owner | $65,000 | Credit Line Revolving | |
| Previous Owner | $11,800 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $201,832 | No Value Available |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/06/2024 12/06/24 | Sold | $695,000 | +9.4% | $224 / Sq Ft |
| 10/14/2024 10/14/24 | Pending | -- | -- | -- |
| 07/11/2024 07/11/24 | For Sale | $635,000 | +37.4% | $205 / Sq Ft |
| 08/26/2022 08/26/22 | Sold | $462,000 | -5.7% | $149 / Sq Ft |
| 08/24/2022 08/24/22 | Pending | -- | -- | -- |
| 06/02/2022 06/02/22 | For Sale | $489,900 | 0.0% | $158 / Sq Ft |
| 05/16/2022 05/16/22 | Pending | -- | -- | -- |
| 03/23/2022 03/23/22 | For Sale | $489,900 | -- | $158 / Sq Ft |
| 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 |
|---|---|---|---|---|
| 2024 | $13,611 | $277,600 | $17,300 | $260,300 |
| 2022 | $12,886 | $277,600 | $17,300 | $260,300 |
| 2021 | $12,425 | $277,600 | $17,300 | $260,300 |
| 2020 | $11,590 | $277,600 | $17,300 | $260,300 |
| 2019 | $11,220 | $271,400 | $17,100 | $254,300 |
| 2018 | $10,400 | $240,400 | $17,000 | $223,400 |
| 2017 | $9,922 | $238,500 | $16,900 | $221,600 |
| 2016 | $10,934 | $252,000 | $17,800 | $234,200 |
| 2015 | $10,352 | $252,000 | $17,800 | $234,200 |
| 2014 | $10,095 | $348,100 | $148,800 | $199,300 |
M
Seller's Agent in 2024
MENACHEM KLEIN
NATIONWIDE HOMES REALTY LLC
J
Buyer's Agent in 2024
Jaime Feliz
PRESTIGE PROPERTY GROUP MONTCLAIR
(862) 267-5761
1 in this area
15 Total Sales
J
Seller's Agent in 2022
Johnny Rodriguez
Realty One Group Legend, Clifton
(973) 390-7319
3 in this area
28 Total Sales
Source: New Jersey MLS
MLS Number: 22009547
APN: 08-06011-0000-00008
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