Keller Williams Valley Realty - Maxine Silverman
1/29
Listing Courtesy Of: Addison Real Estate, 862-251-4915, Kimberly Barreto
Local Realty Services Provided By: Keller Williams Team Realty
US / NJ / Paterson / 107 Jersey Street
Overview
What It'll Cost
Neighborhood
Similar Homes

US / NJ / Paterson / 107 Jersey Street
$650,000
107 Jersey Street, Paterson, NJ 07501
6 Beds
3 Baths
US / NJ / Paterson / 107 Jersey Street
$650,000

107 Jersey Street, Paterson, NJ 07501

Estimation provided by Keller Williams Realty Inc.
6 Beds
3 Baths
Active - Active Attorney Review
For Sale

Property Description

Welcome to your prime corner lot, income-generating powerhouse! This mixed-use, corner-lot property offers three separate units, making it the perfect opportunity for investors or owner-occupants looking to offset their mortgage with rental income. Offering two spacious residential units. Both are 3 bedroom apartments with separate utilities, providing steady rental income and attracting long-term tenants. The ground-floor unit is currently a fully operational restaurant, ensuring immediate cash flow. This high-visibility location guarantees strong business potential. Recently modernized, reducing maintenance headaches and maximizing efficiency. Just off Route 80 with Route 19 crossing right over, ensuring easy access. Only minutes from St. Joseph's University Medical Center, a hub for professionals seeking quality rentals. Whether you're an investor or a savvy buyer, this high-traffic, high-demand property is your ticket to financial success. Ground level can only be commercial*

Property Details

Compare This Home
Overview
Property Type
2-4 Family
Days on Site
39 Days
Parking
No
Maxine Silverman at Keller Williams Valley Realty
Keller Williams Valley Realty

Activity History

VIEWS
7
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

Estimated Monthly Payment

Purchase Price: $650,000
Principal + Interest
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This calculator is just an estimate. Contact Keller Williams for full and accurate assessment.

Price & Tax History

Date
Event
Price
02/10/2025
Listed
$650,000
(+235.05%)
09/30/2019
Sold
$194,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$10,301
(+5.62%)
$210,100
Land 57,400 + Additions 152,700
2022
$9,753
(+3.71%)
$210,100
Land 57,400 + Additions 152,700
2021
$9,404
(+12.5%)
$210,100
Land 57,400 + Additions 152,700
2019
$8,359
(+6.28%)
$210,100
Land 57,400 + Additions 152,700
2018
$7,865
(+11.34%)
$202,200
Land 57,400 + Additions 144,800
2017
$7,064
$181,800
Land 57,400 + Additions 124,400
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
Maxine Silverman at Keller Williams Valley Realty
Keller Williams Valley Realty

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Listing Courtesy Of: ADDISON REAL ESTATE, 862-251-4915

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MLS Source Origin: New Jersey MLS

Equal Housing Opportunity. The data relating to real estate for sale on this website appears in part through the New Jersey MLS Broker Reciprocity program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Keller Williams Team Realty participates, and is provided by New Jersey MLS through a licensing agreement. Real estate listings held by brokerage firms other than Keller Williams Team Realty are marked with the IDX logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Keller Williams Team Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright 2025 New Jersey MLS, All Rights Reserved. Information last updated on 3/21/2025, 9:26:25 PM EST.

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