2 months on rocket

536 E 27th St, Paterson City, NJ, 07514

$499,000

Home List Price

$5,926*

Closing Credit

5 Bedrooms
2 Full Baths
Multi
Schools Nearby

Location

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536 E 27th St, Paterson$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1920
HeatingHot Water, Other, Natural Gas
CoolingNone
BasementYes
MLS #3886609
Lot Size0.06 Acres
StatusActive

About 536 E 27th St

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

Property Information:

  • Architectural Style: 2-Two Story
  • Year Built: 1920

Listing Office:

  • Office Name: NATIONWIDE HOMES REALTY LLC
  • Office Phone: (203) 482-0102

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Other, Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: Between Broadway & 12th

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
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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

536 E 27th St vs Paterson

64 DAYS ON ROCKET

-24 Days

$499,000

+$53K More

KEY TAKEAWAY

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: #3886609

Listing Office:

  • Office Name: NATIONWIDE HOMES REALTY LLC
  • Office Phone: (203) 482-0102

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: 4/29/2024, 1:55:13 AM 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

$2,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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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.

Nearby Schools

school-card-donut-2823238
3
/10
  • Paterson Arts and Science Charter School

  • 151 E 33rd St

  • 0.31 miles

  • Public Charter Grades KG-5

school-card-donut-2823239
5
/10
  • School 1

  • 589 11th Ave

  • 0.32 miles

  • Public District Grades PK-5

school-card-donut-2823240
2
/10
  • Roberto Clemente

  • 434 Rosa Parks Blvd

  • 0.71 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,584. Most Paterson, NJ residents have annual incomes less than $35k. Typical family type is single, no kids. 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 Homes›New Jersey›Passaic County›Paterson›07514›536 E 27th St

This home is located at 536 E 27th St in Paterson City, NJ and zip code 07514 in the 4th Ward neighborhood. This home, which was built in 1920, sits on a 0.06 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 24, 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. 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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