14 days on rocket

62 Redwood Ave, Paterson City, NJ, 07522

$625,000

Home List Price

$7,422*

Closing Credit

10 Bedrooms
3 Full Baths
Multi
Schools Nearby

Location

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62 Redwood Ave, Paterson$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
HeatingNatural Gas
MLS #3901462
Lot Size0.06 Acres
StatusActive

About 62 Redwood Ave

Multi family home renovated with separate utilities. Walking distance to shopping areas and public transportation. Large 5 bedroom apartment located on 3rd and 4th floor combined.

Property Details

Property Features

Property Information:

  • Architectural Style: Under/Over

Listing Office:

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

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 10

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: Union ave to Redwood

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
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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

$449.4K

Med. Price/SqFt

$234

Avg. Days On Market

86

# of Sold Homes

9

62 Redwood Ave vs Paterson

14 DAYS ON ROCKET

-72 Days

$625,000

+$175.5K More

KEY TAKEAWAY

This property is $175.5K more than the Median List Price in Paterson, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3901462

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.

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: 5/28/2024, 8:20:31 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

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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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-3965256
1
/10

  • School 14

  • 522 Union Ave

  • 0.19 miles

  • Public District Grades KG-4

school-card-donut-3965257
2
/10

  • School 19

  • 31 James St

  • 0.30 miles

  • Public District Grades PK-4

school-card-donut-3965258
1
/10

  • Urban Leadership Academy

  • 112 N 5th St

  • 0.64 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 $41,223. Typical income of Paterson, NJ residents is between $35k-100k annually. Residents typically live in single, with kids family. 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›07522›62 Redwood Ave

This home is located at 62 Redwood Ave in Paterson City, NJ and zip code 07522 in the 1st Ward neighborhood. This home sits on a 0.06 acre lot. Features: 10 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $625,000.

Between March 2024 and April 2024, Paterson, NJ real estate market has seen increase in the number of listings by 30%. In April 2024 median list price was $449,406 and the average listing age was 86 days.

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

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