162 Lyon St Paterson, NJ 07524
Riverside NeighborhoodEstimated payment $3,654/month
About This Home
This property offers two legal units plus a fully finished basement, providing excellent rental potential or flexible living options. Each unit is thoughtfully designed for comfort and convenience.Located near shopping centers, major highways, and local amenities, it's a perfect blend of accessibility and income potential. Live in one unit while renting the other or maximize returns by leasing both!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,257
Lot Details
- 2,614 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Composition Shingle Roof
- Siding
- Composite Building Materials
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Utilities
- Radiator
- Underground Utilities
Additional Features
- Finished Basement
Listing and Financial Details
- Assessor Parcel Number 2508-02922-0000-00013-0000-
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 | $9,258 | $181,700 | $24,000 | $157,700 |
| 2024 | $8,909 | $181,700 | $24,000 | $157,700 |
| 2022 | $8,435 | $181,700 | $24,000 | $157,700 |
| 2021 | $8,133 | $181,700 | $24,000 | $157,700 |
| 2020 | $7,586 | $181,700 | $24,000 | $157,700 |
| 2019 | $7,346 | $177,700 | $23,700 | $154,000 |
| 2018 | $7,579 | $175,200 | $23,600 | $151,600 |
| 2017 | $7,209 | $173,300 | $23,500 | $149,800 |
| 2016 | $7,845 | $180,800 | $22,500 | $158,300 |
| 2015 | $7,427 | $180,800 | $22,500 | $158,300 |
| 2014 | $9,179 | $316,500 | $154,300 | $162,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/17/2025 11/17/25 | Price Changed | $548,000 | 0.0% | -- | |
| 11/17/2025 11/17/25 | For Sale | $548,000 | -0.2% | -- | |
| 11/10/2025 11/10/25 | Pending | -- | -- | -- | |
| 09/25/2025 09/25/25 | Price Changed | $549,000 | -0.2% | -- | |
| 08/22/2025 08/22/25 | For Sale | $550,000 | +340.0% | -- | |
| 07/22/2019 07/22/19 | Sold | $125,000 | -24.0% | $74 / Sq Ft | View Prior Sale |
| 04/25/2019 04/25/19 | Pending | -- | -- | -- | |
| 03/26/2019 03/26/19 | For Sale | $164,400 | -- | $97 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $340,000 | New Title Company Name | |
| Bargain Sale Deed | $125,000 | Champion Title Agency Inc | |
| Sheriffs Deed | -- | None Available | |
| Deed | $49,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $333,841 | FHA | |
| Previous Owner | $37,000 | No Value Available |
Source: Garden State MLS
MLS Number: 3982820
APN: 08-02922-0000-00013
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