1 month on rocket

520 Park Ave, Paterson City, NJ, 07504

$880,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Full Baths, 1 Partial
Multi
Schools Nearby

Location

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520 Park Ave, Paterson$880,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDriveway-Exclusive
Year Built2020
HeatingForced Air, Natural Gas
CoolingCentral Air
MLS #3892188
Lot Size0.06 Acres
StatusActive

About 520 Park Ave

NEWER BUILDING WITH 3 INCOME UNITS - PERFECT FOR OWNER OCCUPANT OR INVESTOR - TAX ABATEMENT ENDING 2031 SO TAKE ADVANTAGE OF LOW TAXES! STORE ON 1ST FLOOR WITH APPROX 750SQFT. 2ND AND 3RD FLS OFFERING LARGE APARTMENTS- EACH UNIT CONSISTS OF LIVING ROOM, DINING AREA, KITCHEN, 3 BEDROOMS & 2 FULL BATHS INCLUDING PRIMARY SUIT. LAUNDRY IN EACH UNIT. FULL SPRINKLER SYSTEM. ELECTRIC FENCE ENCLOSURE AROUND PARKING - DONT MISS OUT!

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story
  • Year Built: 2020

Listing Office:

  • Office Name: NICHOLAS REAL ESTATE AGENCY
  • Office Phone: (973) 340-1202

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: Driveway-Exclusive

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: CORNER OF PARK AVE AND EAST 33RD STREET

Price Information

Listing Price Info

Price Summary:

  • List Price: $880,000
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Housing Market Comparison

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

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Paterson, NJ

City

Med. List Price

$446K

Med. Price/SqFt

$224

Avg. Days On Market

88

# of Sold Homes

17

520 Park Ave vs Paterson

37 DAYS ON ROCKET

-51 Days

$880,000

+$434K More

KEY TAKEAWAY

This property is $434K more than the Median List Price in Paterson, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3892188

Listing Office:

  • Office Name: NICHOLAS REAL ESTATE AGENCY
  • Office Phone: (973) 340-1202

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

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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: 4/28/2024, 11:25:13 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$4,460

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,705

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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-2724135
3
/10

  • Paterson Arts and Science Charter School

  • 151 E 33rd St

  • 0.37 miles

  • Public Charter Grades KG-5

school-card-donut-2724136
5
/10

  • School 1

  • 589 11th Ave

  • 0.54 miles

  • Public District Grades PK-5

school-card-donut-2724137
2
/10

  • Roberto Clemente

  • 434 Rosa Parks Blvd

  • 0.83 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,896. Most Paterson, NJ residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Passaic County›Paterson›07504›520 Park Ave

This home is located at 520 Park Ave in Paterson City, NJ and zip code 07504 in the 3rd Ward neighborhood. This home, which was built in 2020, sits on a 0.06 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $880,000.

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

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

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