Fantastic investment income producing property. 4 family home with two 2bedroom apartments and two 1 bedroom apartments fully leased. Separate utilities. New roof 3 yrs ago. All units in very good condition. Annual rent $59,112. NOI $47,351
Property Details
Property Features
Listing Office:
Office Name: Blue Ribbon Realty
Listing Agent: Anthony Riotto
Interior Features
Interior Information:
Basement: Yes
Fireplace: None
Bedroom and Bathroom Information:
Full Bathrooms: 4
Total Bedroom Count: 6
Exterior Features
Exterior Information:
Waterfront: None
Exterior: Vinyl, Mason/stucco, None
Parking Information:
Attached Garage: No
Parking: None
Utilities
Utilities Information:
Heating: Natural Gas
Cooling: Gas
Price Information
Listing Price Info
Price Summary:
List Price: $689,900
Tax Information:
Annual Amount: $7,703
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Paterson, NJ.
This property is $240.4K more than the Median List Price in Paterson, NJ.
Based on homes listed in the last 12 months
MLS Details
MLS Information:
MLS Number: #24010026
Listing Office:
Office Name: Blue Ribbon Realty
Listing Agent: Anthony Riotto
Disclaimer: 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.
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: 5/7/2024, 10:20:36 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
DATE
EVENT
PRICE
May 15, 2007
May 15, 2007Home Sold
$340,000
Dec 08, 2005
Dec 08, 2005Home Sold
$325,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$7,703
$172,100
2019
$7,172
$168,200
2018
$6,843
$165,800
2017
$6,843
$164,500
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
School 15
98 Oak St
Distance between this listing and this school0.23 miles
Public District Grades PK-5
2
/10
Edward W Kilpatrick
295-315 Ellison St
Distance between this listing and this school0.25 miles
Public District Grades PK-5
2
/10
Roberto Clemente
434 Rosa Parks Blvd
Distance between this listing and this school0.26 miles
Public District Grades KG-4
Nearby Schools
2
/10
Alexander Hamilton Academy
11 16th Ave # 27
Distance between this listing and this school0.21 miles
Public District Grades KG-8
4
/10
New Roberto Clemente
482506 Market St
Distance between this listing and this school0.31 miles
Public District Grades 6-8
1
/10
School 6/Academy of Performing Arts
137 Carroll St
Distance between this listing and this school0.41 miles
Public District Grades PK-8
Nearby Schools
3
/10
School of Earth and Space Science
201 Memorial Dr
Distance between this listing and this school0.30 miles
Public District Grades 9-12
2
/10
School of Health Science
175 Main St
Distance between this listing and this school0.55 miles
Public District Grades 9-12
3
/10
International High School
200 Grand St
Distance between this listing and this school0.89 miles
The neighbors living near this home have an average income of $32,353. The majority of Paterson, NJ residents have income less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
This home is located at 400 Summer St in Paterson, NJ and zip code 07501 in the Sandy Hill neighborhood. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $689,900.
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.