$585,000

Estimated payment $3,790/month

Total Views 3,356
7 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

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
  • Underground Utilities

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 2508-03404-0000-00018-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,080

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Unit Style: 2-Two Story
  • Year Built: 1900
  • Year Built Description: Approximate
  • County Name: Passaic
  • Exclusions: personal property
  • Street Number Display: 311
  • Directions: see maps
  • I D: 5374982
  • Modified: 2025-09-05
  • Number Images: 22
  • Attribution Contact: 7323971181
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Number Rooms: 11
  • Bedrooms: 7
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Unfinished

Exterior Features

  • Exterior Description: Brick
  • Roof Description: Flat

Garage/Parking

  • Number Parking Spaces: 3
  • Parking Driveway Description: Driveway-Exclusive

Utilities

  • Cooling: Wall A/C Unit(s)
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water

Lot Info

  • Lot Size: 25X72
  • Assessed Improvement Value: 118100
  • Assessed Land Value: 40500
  • Assessment: 158600
  • Lot Identifier: 18
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.04

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8080
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2508-03404-0000-00018-0000-
  • Tax Rate Amount: 5.095
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Multi Family

  • Total Number Units: 2

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
Source: Garden State MLS

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
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $294,566 No Value Available
Previous Owner $252,000 New Conventional
Previous Owner $252,000 New Conventional
Previous Owner $157,140 Commercial
Source: Public Records

Source: Garden State MLS

MLS Number: 3978216

Garden State MLS

APN: 08-03404-0000-00018