601 E 23rd St Paterson, NJ 07514
Eastside NeighborhoodEstimated payment $3,870/month
About This Home
Renovated three family property offering strong income potential, able to produce approximately $6500 in monthly rents. Unit one features two bedrooms, living room, kitchen and full bath. Unit two feature two bedrooms, large open floor with kitchen, living/dining room, and full bath. The third floor has one bedrooms, living room, kitchen and full bath. Property is in nice throughout with forced hot air heating. Ideal opportunity for an investor or an owner-occupant looking to offset their mortgage with rental income. Close to public transportation, major highways, shopping and so much more! ASK ABOUT PURCHASING 8 PROPERTIES IN A PACKAGE.
Listing Agent
ESSENTIAL REAL ESTATE Brokerage Phone: 973-860-7018 Listed on: 01/14/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,327
Year Renovated
- 2021
Parking
- On-Street Parking
Home Design
- Vinyl Siding
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Additional Features
- Basement Fills Entire Space Under The House
- 2,614 Sq Ft Lot
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 2508-03414-0000-00027-0000-
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 | $6,328 | $124,200 | $41,100 | $83,100 |
| 2024 | $6,090 | $124,200 | $41,100 | $83,100 |
| 2022 | $5,765 | $124,200 | $41,100 | $83,100 |
| 2021 | $5,559 | $124,200 | $41,100 | $83,100 |
| 2020 | $5,185 | $124,200 | $41,100 | $83,100 |
| 2019 | $5,134 | $124,200 | $41,100 | $83,100 |
| 2018 | $5,299 | $122,500 | $40,700 | $81,800 |
| 2017 | $5,154 | $123,900 | $40,400 | $83,500 |
| 2016 | $5,671 | $130,700 | $42,500 | $88,200 |
| 2015 | $5,369 | $130,700 | $42,500 | $88,200 |
| 2014 | $9,898 | $341,300 | $154,300 | $187,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/30/2026 01/30/26 | Price Changed | $649,000 | +8.3% | -- | |
| 01/14/2026 01/14/26 | For Sale | $599,000 | +33.1% | -- | |
| 05/11/2022 05/11/22 | Sold | $450,000 | 0.0% | $221 / Sq Ft | View Prior Sale |
| 03/22/2022 03/22/22 | Pending | -- | -- | -- | |
| 03/05/2022 03/05/22 | For Sale | $450,000 | -- | $221 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | -- | Cross Bridge Title | |
| Deed | $450,000 | Stewart Title Guaranty Company | |
| Special Warranty Deed | -- | Ans Title | |
| Deed | $37,013 | Fidelity Natl Title Ins Co | |
| Deed | $265,000 | -- | |
| Deed | $98,000 | -- | |
| Deed | $98,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $3,850,000 | Credit Line Revolving | |
| Previous Owner | $405,000 | Construction | |
| Previous Owner | $265,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $93,100 | No Value Available |
Source: Garden State MLS
MLS Number: 4005111
APN: 08-03414-0000-00027
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