18 days on rocket

157-159 Madison Ave, Paterson, NJ, 07524

$225,000

Home List Price

$2,672*

Closing Credit

4 Bedrooms
2 Full Baths
Multi
Schools Nearby

Location

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157-159 Madison Ave, Paterson$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDetached
HeatingBaseboard, Natural Gas, Hot Water
CoolingGas
BasementYes
WaterfrontNone
FireplaceNone
MLS #24010668
StatusActive
(ACTIVE)

About 157-159 Madison Ave

2 Family House in Riverside Section of Paterson.

Property Details

Property Features

Listing Office:

  • Office Name: LaVia Realty, LLC
  • Listing Agent: Ana Melenciano

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Vinyl, None

Parking Information:

  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas, Hot Water
  • Cooling: Gas

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000

Tax Information:

  • Annual Amount: $10,568
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Paterson, NJ.

Med. List Price

$446K

Med. Price/SqFt

$224

Avg. Days On Market

88

# of Sold Homes

17

157-159 Madison Ave vs Paterson

18 DAYS ON ROCKET

-70 Days

$225,000

-$221K Less

KEY TAKEAWAY

This property is $221K less than the Median List Price in Paterson, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24010668

Listing Office:

  • Office Name: LaVia Realty, LLC
  • Listing Agent: Ana Melenciano

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 4:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 03, 2005Home Sold
$420,000

Tax History

YEARPROP. TAXASSESSMENT
2020$10,568$236,100
2019$9,845$230,800
2018$9,402$227,600
2017$9,402$226,000

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3226544
6
/10
  • School #5

  • 136 Valley Rd

  • 0.73 miles

  • Public District Grades KG-5

school-card-donut-3226545
4
/10
  • School #4

  • 194 W 2nd St

  • 0.78 miles

  • Public District Grades KG-5

school-card-donut-3226546
3
/10
  • School 15

  • 98 Oak St

  • 0.90 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,188. The most common annual income of people living in Paterson, NJ is less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesNew JerseyPassaic CountyPaterson07524157-159 Madison Ave

This home is located at 157-159 Madison Ave in Paterson, NJ and zip code 07524 in the South Paterson neighborhood. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $225,000.

Between February 2024 and March 2024, Paterson, NJ real estate market has seen increase in the number of listings by 23.3%. While the average time on the market in March 2024 was 88 days, the median list price was $446,000.

From Rocket Homes Real Estate and based on county public records data.

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