Welcome to an exceptional investment opportunity! This renovated 2.5-story legal family home offers prime location and desirable features, appealing to homeowners and investors alike.Nestled in a peaceful neighborhood, this detached property boasts a fenced-in yard for privacy and security. With two units, it provides versatility and income potential. Unit one: 1 bed, 1 bath, 958 sq ft; unit two: 4 beds, 1 bath, 1307 sq ft, both with finished basements.Inside, each unit showcases new kitchens, baths, paint, flooring, and fixtures. The gross building sq ft is 2265, ensuring ample space. Unit one can rent for $1600/month, while unit two can fetch $2500/month.Though lacking AC, the property offers cozy heating via radiators and a spacious porch for outdoor enjoyment. A recent $520K appraisal adds confidence to this investment.Don't miss this opportunity! Schedule a viewing today to make this renovated gem your own and own a piece of prime real estate in this sought-after locale
Property Details
Property Features
Listing Office:
Office Name: Nationwide Homes Realty
Listing Agent: Eliyahu Rosen
Interior Features
Interior Information:
Basement: Yes
Fireplace: None
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 5
Exterior Features
Exterior Information:
Waterfront: None
Exterior: Brick, 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: $499,000
Tax Information:
Annual Amount: $9,798
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Paterson, NJ.
This property is $53K more than the Median List Price in Paterson, NJ.
Based on homes listed in the last 12 months
MLS Details
MLS Information:
MLS Number: #24005193
Listing Office:
Office Name: Nationwide Homes Realty
Listing Agent: Eliyahu Rosen
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: 4/28/2024, 6:25:17 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
Feb 11, 2009
Feb 11, 2009Home Sold
$85,000
Jul 01, 2002
Jul 01, 2002Home Sold
$82,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$9,798
$218,900
2019
$9,119
$214,000
2018
$8,703
$210,800
2017
$8,703
$209,200
History based on county public records data.
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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 school0.83 miles
Public District Grades PK-5
2
/10
Roberto Clemente
434 Rosa Parks Blvd
Distance between this listing and this school0.89 miles
Public District Grades KG-4
4
/10
School #4
194 W 2nd St
Distance between this listing and this school1.06 miles
Public District Grades KG-5
Nearby Schools
3
/10
Dr. Martin Luther King Jr Educational Complex
851 E 28th St
Distance between this listing and this school0.42 miles
Public District Grades KG-8
5
/10
School 25
287 Trenton Ave
Distance between this listing and this school0.48 miles
Public District Grades KG-8
2
/10
School 24
50 19th Ave
Distance between this listing and this school0.52 miles
Public District Grades PK-8
Nearby Schools
3
/10
Paterson Charter School For Science/Technology
276 Wabash Ave
Distance between this listing and this school0.53 miles
Public Charter Grades KG-12
2
/10
Memorial Senior High School
375 River Dr
Distance between this listing and this school1.21 miles
Public District Grades 9-12
2
/10
Rosa L. Parks School of Fine and Performing Arts
413 12th Ave
Distance between this listing and this school1.23 miles
The neighbors living near this home have an average income of $67,219. The majority of Paterson, NJ residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
This home is located at 536-538 E 27th St in Paterson, NJ and zip code 07514 in the 6th Ward neighborhood. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $499,000.
The number of homes for sale in Paterson, NJ increased by 23.3% between February 2024 and March 2024. In March 2024, listings were on the market for 88 days. During the same period, the median list price in this real estate market was $446,000.
From Rocket Homes Real Estate and based on county public records data.