297 E 18th St Unit 2 Paterson, NJ 07524
Riverside NeighborhoodEstimated payment $3,888/month
About This Home
Fantastic investment opportunity or owner-occupant property offering great cash flow potential. Each unit features a living room, eat-in kitchen, full bath, and 2 bedrooms. A walk-up attic with separate entrance offers the potential to finish and increase your rent roll even more. Recent updates include brand-new boilers and hot water heaters for added peace of mind. The double lot provides excellent outdoor space and a large two-car garage, perfect for parking or storage. Located in the desirable Riverside section of Paterson, this home offers endless possibilities to maximize value. Don't miss this chance schedule your showing today!
Listing Agent
REALTY ONE GROUP LEGEND Brokerage Phone: 201-803-3562 Listed on: 11/05/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,546
Year Built
- Built in 1940
Home Design
- Aluminum Siding
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- 6 Parking Spaces
- Private Driveway
- Parking Lot
Utilities
- Two Cooling Systems Mounted To A Wall/Window
- Multiple Heating Units
Additional Features
- Walk-Out Basement
- 4,792 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 2508-02702-0000-00007-0000-
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 | $10,547 | $207,000 | $42,400 | $164,600 |
| 2024 | $10,149 | $207,000 | $42,400 | $164,600 |
| 2022 | $9,609 | $207,000 | $42,400 | $164,600 |
| 2021 | $9,265 | $207,000 | $42,400 | $164,600 |
| 2020 | $8,642 | $207,000 | $42,400 | $164,600 |
| 2019 | $9,620 | $232,700 | $41,700 | $191,000 |
| 2018 | $9,098 | $210,300 | $41,400 | $168,900 |
| 2017 | $8,682 | $208,700 | $41,200 | $167,500 |
| 2016 | $9,554 | $220,200 | $43,200 | $177,000 |
| 2015 | $9,046 | $220,200 | $43,200 | $177,000 |
| 2014 | $10,727 | $369,900 | $184,800 | $185,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/05/2025 11/05/25 | For Sale | $575,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $120,000 | Chicago Title Insurance Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $119,900 | FHA |
Source: Garden State MLS
MLS Number: 3996371
APN: 08-02702-0000-00007
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