311 12th Ave Paterson, NJ 07514
Eastside NeighborhoodEstimated payment $3,479/month
About This Home
Excellent Investment opportunity in paterson! Welcome to 311 12th Ave- a solid multi family Property perfect for investors or owner occupants seeking cash flow and long term potential. This well maintained property features 2 spacious units just over 1,100 square feet. 1st floor consists of 3 bedrooms while the second floor consists of 4 bedrooms. Located near schools, public transportation and major highways, this Property offers both convenience and accessibility for tenants. Both units are occupied by long term tenants since before the Property was purchased. There's a generous sized driveway in the back of the property. Seller is motivated.
Listing Agent
IVETTELIS CASTRO
REAL Brokerage Phone: 7323971181 Listed on: 07/29/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,080
Year Built
- Built in 1900
Lot Details
- 1,742 Sq Ft Lot
Home Design
- Flat Roof Shape
- Brick Exterior Construction
Bedrooms and Bathrooms
- 7 Bedrooms
- 2 Full Bathrooms
Parking
- 3 Parking Spaces
- Private Driveway
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- Hot Water Baseboard Heater
- Underground Utilities
Additional Features
- Unfinished Basement
Listing and Financial Details
- Assessor Parcel Number 2508-03404-0000-00018-0000-
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 | $8,081 | $158,600 | $40,500 | $118,100 |
| 2024 | $7,776 | $158,600 | $40,500 | $118,100 |
| 2022 | $7,362 | $158,600 | $40,500 | $118,100 |
| 2021 | $7,099 | $158,600 | $40,500 | $118,100 |
| 2020 | $6,622 | $158,600 | $40,500 | $118,100 |
| 2019 | $6,308 | $152,600 | $39,600 | $113,000 |
| 2018 | $6,178 | $142,800 | $39,200 | $103,600 |
| 2017 | $4,738 | $113,900 | $38,900 | $75,000 |
| 2016 | $5,649 | $130,200 | $39,000 | $91,200 |
| 2015 | $5,349 | $130,200 | $39,000 | $91,200 |
| 2014 | $7,453 | $257,000 | $88,000 | $169,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/20/2026 02/20/26 | Pending | -- | -- | -- | |
| 02/05/2026 02/05/26 | Price Changed | $525,000 | -4.5% | -- | |
| 10/09/2025 10/09/25 | Price Changed | $550,000 | -6.0% | -- | |
| 09/05/2025 09/05/25 | Price Changed | $585,000 | -6.4% | -- | |
| 07/29/2025 07/29/25 | For Sale | $624,999 | +108.3% | -- | |
| 12/29/2021 12/29/21 | Sold | $300,000 | -2.9% | $300 / Sq Ft | View Prior Sale |
| 08/16/2021 08/16/21 | Pending | -- | -- | -- | |
| 07/21/2021 07/21/21 | Price Changed | $309,000 | -3.4% | $309 / Sq Ft | |
| 05/25/2021 05/25/21 | Price Changed | $319,900 | -5.6% | $320 / Sq Ft | |
| 05/14/2021 05/14/21 | Price Changed | $339,000 | -5.6% | $339 / Sq Ft | |
| 04/22/2021 04/22/21 | Price Changed | $359,000 | -4.3% | $359 / Sq Ft | |
| 04/18/2021 04/18/21 | Price Changed | $375,000 | -3.6% | $375 / Sq Ft | |
| 03/18/2021 03/18/21 | Price Changed | $389,000 | -2.8% | $389 / Sq Ft | |
| 03/03/2021 03/03/21 | For Sale | $400,000 | -- | $400 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $300,000 | Simplicity Title | |
| Deed | $90,000 | Cortes And Hay Ttl Agcy Inc | |
| Deed | $105,000 | None Available | |
| Deed | $105,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $294,566 | No Value Available | |
| Previous Owner | $157,140 | Commercial |
Source: Garden State MLS
MLS Number: 3978216
APN: 08-03404-0000-00018
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Ask me questions while you tour the home.