14 days on rocket

163 Temple, Paterson City, NJ, 07522

$595,000

Home List Price

$7,066*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

163 Temple, Paterson$595,000

Buyer Closing Credits

$7,066*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1925
HeatingNatural Gas
BasementYes
MLS #3896957
StatusActive

About 163 Temple

This property offers a lucrative investment opportunity, featuring a combination of commercial and residential units in Paterson. The property boasts a rented store on the ground floor, providing immediate rental income, along with two spacious apartments. Ground Floor Store: Currently leased, this commercial space provides a stable rental stream. First Floor Apartment: This inviting apartment comprises three bedrooms and one bath, offering comfortable living spaces for residents. Second Floor Apartment: The upper-level apartment presents an expansive layout with four bedrooms and two baths. Newly Installed Roof and Siding.Income Potential: With a rented commercial unit and two residential apartments, this property offers multiple revenue streams, making it an attractive investment opportunity with promising returns. Whether you're seeking a lucrative investment or looking to establish a home with rental income, this mixed-use property presents a compelling opportunity in the thriving community of Paterson. Schedule a viewing and explore the potential of this exceptional property.

Property Details

Property Features

Property Information:

  • Architectural Style: 2-Two Story
  • Year Built: 1925

Listing Office:

  • Office Name: RE/MAX SELECT
  • Office Phone: (973) 656-3810

Interior Features

Interior Information:

  • Appliances: Microwave, Refrigerator
  • Basement: Yes
  • Interior: Fire Alarm Sys, Smoke Detector

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: North 7th to temple

Price Information

Listing Price Info

Price Summary:

  • List Price: $595,000
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Paterson, NJ

City

Med. List Price

$449.4K

Med. Price/SqFt

$234

Avg. Days On Market

86

# of Sold Homes

9

163 Temple vs Paterson

14 DAYS ON ROCKET

-72 Days

$595,000

+$145.5K More

KEY TAKEAWAY

This property is $145.5K more than the Median List Price in Paterson, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3896957

Listing Office:

  • Office Name: RE/MAX SELECT
  • Office Phone: (973) 656-3810

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 3:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,037

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,850

Powered By

Rocket Mortgage

Advertisement

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-5405947
1
/10

  • Urban Leadership Academy

  • 112 N 5th St

  • 0.18 miles

  • Public District Grades KG-4

school-card-donut-5405948
1
/10

  • School 14

  • 522 Union Ave

  • 0.30 miles

  • Public District Grades KG-4

school-card-donut-5405949
2
/10

  • Prospect Park School #1

  • 94 Brown Ave

  • 0.58 miles

  • Public District Grades PK-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,649. Most Paterson, NJ residents have annual incomes less than $35k. Residents typically live in single, with kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Passaic County›Paterson›07522›163 Temple

This home is located at 163 Temple in Paterson City, NJ and zip code 07522 in the Northside neighborhood. This home was built in 1925. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $595,000.

The inventory of homes for sale in Paterson, NJ between March 2024 and April 2024 increased by 30%. While the average time on the market in April 2024 was 86 days, the median list price was $449,406.

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

More Resources