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116 Marshall St, Paterson, NJ, 07501

$675,000

Home List Price

$8,016*

Closing Credit

7 Bedrooms
4 Full Baths
Multi
Schools Nearby

Location

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116 Marshall St, Paterson$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
HeatingNatural Gas, Forced Air
CoolingGas
BasementYes
WaterfrontNone
FireplaceNone
MLS #24005042
StatusActive
(ACTIVE)

About 116 Marshall St

4 Family, 2 2 family houses on one lot. Great investment property. The front property offers 1 bedroom, 1 bathroom on the first floor and 2 bedrooms, 2 bathrooms on the second floor. The back property offers 2 bedrooms, 2 bathrooms on the first floor and 2 bedrooms and 2 bathrooms on the 2nd floor. Leases are up on March 31st and are on a month to month basis thereafter Separated utilities, 4 gas unit, 4 hot water heater and separated electrical description. On street parking, no laundry on site. Property is being sold "AS IS"

Property Details

Property Features

Listing Office:

  • Office Name: Howard Hanna Rand Realty
  • Listing Agent: Francis Sullivan, 3rd

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Vinyl, None

Parking Information:

  • Attached Garage: No
  • Parking: None

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000

Tax Information:

  • Annual Amount: $9,091
  • Tax Year: 2020
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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

$449.9K

Med. Price/SqFt

$257

Avg. Days On Market

84

# of Sold Homes

14

116 Marshall St vs Paterson

37 DAYS ON ROCKET

-47 Days

$675,000

+$225.1K More

KEY TAKEAWAY

This property is $225.1K more than the Median List Price in Paterson, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24005042

Listing Office:

  • Office Name: Howard Hanna Rand Realty
  • Listing Agent: Francis Sullivan, 3rd

IDXDisclaimer: 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.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

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: 6/9/2024, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 03, 2004Home Sold
$345,000
Nov 19, 2003Home Sold
$120,000

Tax History

YEARPROP. TAXASSESSMENT
2020$9,091$203,100
2019$8,465$198,600
2018$8,083$195,700
2017$8,083$194,300

History based on county public records data.

Payment Calculator

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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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-2621894
2
/10

  • Community Charter School of Paterson

  • 75 Spruce St

  • 0.31 miles

  • Public Charter Grades KG-6

school-card-donut-2621895
3
/10

  • School 15

  • 98 Oak St

  • 0.64 miles

  • Public District Grades PK-5

school-card-donut-2621896
2
/10

  • Edward W Kilpatrick

  • 295-315 Ellison St

  • 0.72 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 $17,800. Most Paterson, NJ residents have annual incomes less than $35k. Most families are married, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Passaic County›Paterson›07501›116 Marshall St

This home is located at 116 Marshall St in Paterson, NJ and zip code 07501 in the Downtown Paterson neighborhood. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $675,000.

Between April 2024 and May 2024, Paterson, NJ real estate market has seen increase in the number of listings by 34.3%. While the average time on the market in May 2024 was 84 days, the median list price was $449,900.

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

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