$810,000
SOLD JUN 25, 2025

324 Dixon Ave Paterson, NJ 07501

Old Great Falls Neighborhood
7 Beds
3 Baths
1,188 Sq Ft
2,500 Sq Ft Lot

Recently Sold

$682 Per Sq Ft

8% Above List Price

12 Days on Market

About This Home

As of June 2025

Ideal for owner-occupants or investors live in one, rent the other! This rare property offers two fully reimagined homes on one lot, each offering parking, separate utilities, and fenced yards. The front home is a legal two-family with 2 bright, open floor plans offering 2 spacious bedrooms, 1-bath units. Freshly painted with sleek tile backsplashes and filled with natural light, both units are move-in ready and smartly designed for comfort and style.The second home, a legal single-family, welcomes you with a polished kitchen that opens to a vaulted dining area just waiting for your perfect chandelier. A peaceful primary bedroom sits conveniently on the main floor. Upstairs, two additional bedrooms are tucked away for quiet nights and peace of mind. This unique setup blends functionality and charm, offering flexible living or rental income. Nothing to do but unpack and enjoy!

Last Agent to Sell the Property

Kimberly Barreto

Addison Real Estate Listed on: 04/16/2025

Last Buyer's Agent

George Iacobelli

Realty Executives Exceptional Realtors-Wayne

Realty Executives Exceptional Realtors-Wayne

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,863

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Laundry in unit
  • 2,500 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 11 / 5303

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,863

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: 862-251-4915
  • MLS Status: Sold - Sold
  • Directions: Follow I-80 W to Squirrelwood Rd in Woodland Park. Take exit 56 from I-80 W. Continue on Squirrelwood Rd. Take New St to Dixon Ave
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 7

Exterior Features

  • Disclosures: Seller's Agent

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Lot Info

  • Lot Size Sq Ft: 2500.0

Tax Info

  • Tax Annual Amount: 9863.0
  • Tax Block: 5303
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Jul 15, 2024
Sold by
Giacchetta Maria
Bought by
Muhanna Khairalla and Muhana Khairalla
Seller's Agent
KIMBERLY BARRETO
ADDISON REAL ESTATE
Buyer's Agent
KIMBERLY BARRETO
ADDISON REAL ESTATE
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
94.89%
Original Mortgage
$262,500
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2006
Sold by
Paradiso Steven R
Bought by
Giacchetta Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
6.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2004
Sold by
Vanwyckhouse Edward
Bought by
Paradiso Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.68%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $350,000 Foundation Title
Deed $350,000 --
Deed $249,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $580,000 New Conventional
Closed $262,500 New Conventional
Previous Owner $332,500 New Conventional
Previous Owner $280,000 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 Sold $810,000 +8.1% $682 / Sq Ft
04/28/2025 04/28/25 Pending -- -- --
04/16/2025 04/16/25 For Sale $749,000 +114.0% $630 / Sq Ft
07/29/2024 07/29/24 Sold $350,000 -6.7% $295 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $375,000 -- $316 / Sq Ft
Source: New Jersey MLS

Tax History Compared to Growth

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
2024 $9,492 $193,600 $41,900 $151,700
2022 $8,987 $193,600 $41,900 $151,700
2021 $8,666 $193,600 $41,900 $151,700
2020 $8,083 $193,600 $41,900 $151,700
2019 $7,822 $189,200 $41,100 $148,100
2018 $8,068 $186,500 $40,700 $145,800
2017 $7,584 $182,300 $40,400 $141,900
2016 $8,353 $192,500 $42,500 $150,000
2015 $7,908 $192,500 $42,500 $150,000
2014 $8,900 $306,900 $164,500 $142,400
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Barreto

    Seller's Agent in 2025

    Kimberly Barreto

    Addison Real Estate

    (973) 592-8113

    2 in this area

    19 Total Sales

    Kimberly Barreto
    Section Image
  • George Iacobelli

    Buyer's Agent in 2025

    George Iacobelli

    Realty Executives

    (973) 632-9956

    2 in this area

    82 Total Sales

    George Iacobelli
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 25012535

New Jersey MLS

APN: 08-05303-0000-00011

New Jersey Passaic County Paterson 07501 Old Great Falls

324 Dixon Ave, Paterson, NJ

This home is located at 324 Dixon Ave, Paterson, NJ 07501 and is currently priced at $810,000, approximately $681 per square foot. 324 Dixon Ave is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson Public School No. 3.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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