Estimated payment $4,235/month
This home is located at 427 Summer St, Paterson, NJ 07501 and is currently priced at $660,000. 427 Summer St is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson School 6.
| 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 | $8,050 | $158,000 | $20,800 | $137,200 |
| 2024 | $7,747 | $158,000 | $20,800 | $137,200 |
| 2022 | $7,334 | $158,000 | $20,800 | $137,200 |
| 2021 | $7,072 | $158,000 | $20,800 | $137,200 |
| 2020 | $6,597 | $158,000 | $20,800 | $137,200 |
| 2019 | $6,387 | $154,500 | $20,500 | $134,000 |
| 2018 | $6,589 | $152,300 | $20,400 | $131,900 |
| 2017 | $6,286 | $151,100 | $20,300 | $130,800 |
| 2016 | $6,929 | $159,700 | $21,400 | $138,300 |
| 2015 | $6,560 | $159,700 | $21,400 | $138,300 |
| 2014 | $6,725 | $231,900 | $108,500 | $123,400 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2025 08/28/25 | For Sale | $660,000 | -- | -- |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $62,000 | -- | |
| Deed | $47,000 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $33,056 | Credit Line Revolving | |
| Open | $304,300 | New Conventional | |
| Closed | $176,250 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $60,200 | FHA | |
| Previous Owner | $47,000 | FHA |
$750,000
Recently Renovated "Tow Family Home" 1st Floor Vacant "Move in Condition" Located near Roberto Clemente Park, Paterson Train Station & St Joseph's Children Hospital-Features Hardwood Floors, Central Heat & much more
Joaquim Ferreira CORNERSTONE REALTY ASSOCIATES
$725,000
Recently Renovated "Four Family Home" Move in Condition - Renovated Unit Vacant - Residentially Located - Features Hardwood Floors, Central Air & much more - Low Property Taxes
Joaquim Ferreira CORNERSTONE REALTY ASSOCIATES
$769,900
MONEY MAKER!!!!!! Here is an opportunity to get a cash cow with all performing tenants in place. Legal three fam with a full finished basement, driveway and 1 car garage. Rental income is over $9,200 each month. Mortgage including taxes and insurance (estimate) will be around the $6,200 with a low down payment, which leaves roughly $3,000 passive income to your pocket. Highest and Best due
JUAN C. ESCOBAR REALTY ONE GROUP LEGEND
Source: New Jersey MLS
MLS Number: 25030987
APN: 08-06307-0000-00012
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