Description
- Listed by Bishoy Megalla • Keller Williams Team RealtyP: (973)-234-2307 bishoyteamrealty@gmail.com
Property Details for 331 Market Street
Property Details for 331 Market Street
| Status | Active - Active |
|---|---|
| MLS # | 25042468 |
| Days on Market | 32 |
| Taxes | $11,917 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | 2-4 Family |
| Year Built | - |
| Lot Size | - |
| County | Passaic County |
Location
Payment Calculator
$4,161 per month
30 year fixed, 6.15% Interest
$3,168
$993
$0
Property Information for 331 Market Street
- Area name: Paterson
- Flood plain: None
- Street Name: Market
- County Name: PASSAIC
- Status: Active
- Street Number Numeric: 331
- Zip Code: 07501
- Other Charges: True
- Tax: $11,917
- Year Built: 1900-1939, Build Prior to 1978
- Photo Number: 25
- CourtAppYN: No
- Bedrooms: 6
- Baths full: 2
- Baths partial: 1
- Basement Description: Unfinshed
- Number of rooms: 9
- Full Baths Total: 3
- Num of Baths: 2.1
- Management Phone: (973) 234-2307
- Search Class: 2to4, 2-4 Family
- List Price: $650,000.00
- Listing Date: 12-05-2025
- Status Date: 12-04-2025
- Internet Remarks: Versatile mixed-use property featuring two residential apartments and a commercial storefront. The first apartment offers 2 bedrooms could be rented for $1800, while the second features 4 bedrooms is currently rented for $2700, both providing excellent rental income potential. In addition, the ground-floor commercial store is can be rented for $3000, ensuring immediate cash flow for the new owner.Located in a high-demand area with strong rental market, this property is ideal for investors seeking steady income and long-term value. Conveniently situated near shopping, dining, transportation, and major highways.
Property History for 331 Market Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Dec 4, 2025 | Listed (Active) NJMLS #25042468 | $650,000 | — |
| Dec 3, 2025 | Temporarily Off Market NJMLS #25034309 | — | |
| Sep 23, 2025 | Listed (Active) NJMLS #25034309 | $675,000 | — |
| May 13, 2024 | Sold GSMLS #3894750 | $520,000 | — |
| Apr 8, 2024 | Under Contract GSMLS #3894750 | — | |
| Apr 8, 2024 | Listed (Active) GSMLS #3894750 | $520,000 | — |
| Apr 7, 2024 | Sold NJMLS #23027436 | $520,000 | — |
| Mar 22, 2024 | Sold (Public Record) Public Record #1530989168 | $520,000 | — |
| Mar 22, 2024 | Sold (Public Record) Public Record #1530989168 | $520,000 | +4.1% / yr |
| Feb 23, 2024 | Temporarily Off Market GSMLS #3863096 | — | |
| Sep 6, 2023 | Listed (Active) GSMLS #3863096 | $529,900 | — |
| Sep 5, 2023 | Listed (Active) NJMLS #23027436 | $529,900 | — |
| Jan 28, 2023 | Temporarily Off Market GSMLS #3811871 | — | |
| Oct 10, 2022 | Temporarily Off Market NJMLS #22036996 | — | |
| Oct 10, 2022 | Listed (Active) GSMLS #3811871 | $425,000 | — |
| Oct 10, 2022 | Listed (Active) NJMLS #22036996 | $425,000 | — |
| Jan 31, 2005 | Sold (Public Record) Public Record #154245589 | $240,000 | +31.3% / yr |
| Nov 14, 2001 | Sold (Public Record) Public Record #83830817 | $100,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 12/04/2025 | Listed (Active) NJMLS #25042468 | $650,000 |
| 12/03/2025 | Temporarily Off Market NJMLS #25034309 | — |
| 09/23/2025 | Listed (Active) NJMLS #25034309 | $675,000 |
| 05/13/2024 | Sold GSMLS #3894750 | $520,000 |
| 04/08/2024 | Under Contract GSMLS #3894750 | — |
| 04/08/2024 | Listed (Active) GSMLS #3894750 | $520,000 |
| 04/07/2024 | Sold NJMLS #23027436 | $520,000 |
| 03/22/2024 | Sold (Public Record) Public Record #1530989168 | $520,000 |
| 03/22/2024 | Sold (Public Record) Public Record #1530989168 | $520,000 +4.1% / yr |
| 02/23/2024 | Temporarily Off Market GSMLS #3863096 | — |
| 09/06/2023 | Listed (Active) GSMLS #3863096 | $529,900 |
| 09/05/2023 | Listed (Active) NJMLS #23027436 | $529,900 |
| 01/28/2023 | Temporarily Off Market GSMLS #3811871 | — |
| 10/10/2022 | Temporarily Off Market NJMLS #22036996 | — |
| 10/10/2022 | Listed (Active) GSMLS #3811871 | $425,000 |
| 10/10/2022 | Listed (Active) NJMLS #22036996 | $425,000 |
| 01/31/2005 | Sold (Public Record) Public Record #154245589 | $240,000 +31.3% / yr |
| 11/14/2001 | Sold (Public Record) Public Record #83830817 | $100,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 331 Market Street
Schools near 331 Market Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 2 | |||
| Public - | PK to 3 | |||
| Public - | PK to 5 | |||
| Public - | K to 8 |
Rating | School | Distance |
|---|---|---|
Dale Avenue Elementary School PublicPK to 2 | ||
Edward W. Kilpatrick Elementary School PublicPK to 3 | ||
School 15 PublicPK to 5 | ||
Alexander Hamilton Academy PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Keller Williams Team Realty, Bishoy Megalla
The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked 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. Last date updated: 01/06/2026 02:32 AM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 01/06/2026 02:32 AM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.
