2 months on rocket

538 Summer St, Paterson City, NJ, 07501

$499,900

Home List Price

$5,936*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
Multi
Schools Nearby

Location

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538 Summer St, Paterson$499,900

Buyer Closing Credits

$5,936*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking2 Car Width
Year Built1986
HeatingMulti Unit(s), Natural Gas
CoolingNone
BasementYes
MLS #3884800
Lot Size0.04 Acres
StatusActive

About 538 Summer St

ATTENTION ALL INVESTORS. This is a great mixed use property located in a high traffic area on Summer St. Commercial building currently occupied by Barbershop on the first floor, separate private entrance to a residential apartment on the upper level. The apartment consists of 3 bedrooms, 2 bathrooms, eat-in kitchen, living room and a two-car parking space.

Property Details

Property Features

Property Information:

  • Architectural Style: 2-Two Story
  • Year Built: 1986

Listing Office:

  • Office Name: UNICASA UNION REALTY INC
  • Office Phone: (973) 942-4300

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes
  • Interior: Carbon Monoxide Detector, Smoke Detector

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: 2 Car Width

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Multi Unit(s), Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: 20th Ave. to Summer St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,900
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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

538 Summer St vs Paterson

82 DAYS ON ROCKET

-6 Days

$499,900

+$53.9K More

KEY TAKEAWAY

This property is $53.9K more than the Median List Price in Paterson, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3884800

Listing Office:

  • Office Name: UNICASA UNION REALTY INC
  • Office Phone: (973) 942-4300

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, 7:25:13 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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

Payment Calculator

$2,562

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,565

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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-3307363
3
/10

  • School 15

  • 98 Oak St

  • 0.24 miles

  • Public District Grades PK-5

school-card-donut-3307364
2
/10

  • Roberto Clemente

  • 434 Rosa Parks Blvd

  • 0.40 miles

  • Public District Grades KG-4

school-card-donut-3307365
2
/10

  • Edward W Kilpatrick

  • 295-315 Ellison St

  • 0.58 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,575. Typical income of Paterson, NJ residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Passaic County›Paterson›07501›538 Summer St

This home is located at 538 Summer St in Paterson City, NJ and zip code 07501 in the People's Park neighborhood. This home, which was built in 1986, sits on a 0.04 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 07, 2024 and is currently priced at $499,900.

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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