488 East 18th Street

Paterson, NJ 07514

$650,000
Price
7
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to 488 E 18th St in Paterson, NJ! This large multi-family home presents an incredible opportunity for both homeowners and investors. Boasting a total of 7 bedrooms and 3 bathrooms, this property is on a corner lot and offers ample space and versatility. The bedrooms are generously sized, offering comfort and privacy for all residents. Outside, you will find a driveway in the rear of the home and a backyard that can be used for relaxation and entertaining. The home's convenient location provides...Welcome to 488 E 18th St in Paterson, NJ! This large multi-family home presents an incredible opportunity for both homeowners and investors. Boasting a total of 7 bedrooms and 3 bathrooms, this property is on a corner lot and offers ample space and versatility. The bedrooms are generously sized, offering comfort and privacy for all residents. Outside, you will find a driveway in the rear of the home and a backyard that can be used for relaxation and entertaining. The home's convenient location provides easy access to a variety of nearby amenities, ensuring a lifestyle of convenience and comfort. The property is located 2 miles from St. Joseph's hospital. This multi-family home is an excellent investment opportunity, offering the potential for rental income or a multi-generational living arrangement. Whether you're looking to expand your investment portfolio or searching for a spacious home, this property is a must-see. Don't miss out on the chance to own this remarkable multi-family home in a desirable location.

Listing Agent

Property Details for 488 East 18th Street

Directions
Madison Ave to E 18th St
Days On Market
10

Location

Add your commute
LISTING UPDATED: 05/31/2024 01:32 PM

Property Details for 488 East 18th Street

StatusActive
MLS #3903224
Days on Market26
Taxes$10,624 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built-
Lot Size0.06 AC / 2,613 SF
CountyPassaic County

Location

Add your commute

Building Information for 488 East 18th Street

Stories-Residences3Year Built-Building Size-Lot Size0.06 AC / 2,613 SF

Payment Calculator

$4,433 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,547

Property Taxes

$885

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 488 East 18th Street

Summary
Location and General Information
  • Active Days on Market: 10
  • County #: Passaic
  • Town Name: Paterson City
  • Block Identifier: 3206
  • Listing Type: Exclusive Right to Sell
  • Town #: 2508.0
  • Street # Display: 488.0
  • # Parking Spaces: 2
  • County Or Parish: Passaic
  • Street Name: E 18Th St
  • Zip Code: 07514-2896
  • Total Units: 3
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $10,624
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 216700.0
  • Tax ID For Property: 2508-03206-0000-00012-0000-
  • Tax Rate Amount: $5
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 1 Car Width, On-Street Parking
  • # Garage Spaces: 0
Property
Lot Information
  • Lot Description: Level Lot
  • Lot Identifier: 12
  • Approximate Lot Size: 25X95
  • Total Acres: 0.06
Property and Assessments
  • Assessment Bldg: 197500.0
  • Assessment Land: 19200.0
  • Attorney Review in Progress: *
Utilities
  • Cooling: Window A/C(s)
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: Forced Hot Air
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Exterior Features: Open Porch(es), Sidewalk
Interior Features
  • Interior Features: Blinds, Carbon Monoxide Detector, Smoke Detector, Vinyl-Linoleum Floors
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Full
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: CarbMDet, CookGas, RgOvGas, Refrig, SmokeDet
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 1500.0
  • Unit 1 Room Description: Bedrooms, Kitchen, Living/Dining Room
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: CarbMDet, CookGas, RgOvGas, Refrig, SmokeDet
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 1799.0
  • Unit 2 Room Description: Bedrooms, Kitchen, Living/Dining Room
  • Unit 2 Rooms: 6.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 0.0
Unit 3 Information
  • Unit 3 Appl/Equip: CarbMDet, CookGas, RgOvGas, Refrig, SmokeDet
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 2
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 1.0
  • Unit 3 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 3 Rent: 1950.0
  • Unit 3 Room Description: Bedrooms, Kitchen, Living/Dining Room
  • Unit 3 Rooms: 5.0
  • Unit 3 Security Deposit: 0.0
  • Unit 3 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Net Operating Income: $.00
  • Gross Operating Income: $.00

Property History for 488 East 18th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 488 East 18th Street

Taxable ValueLand$19,200Additions$197,500Total$216,700
Tax Record2022$10,059 ($838 / month)
Home Facts
Beds0Total Finished SqFt2,328 SqFtAbove Grade Finished SqFt2,328 SqFtStories2Lot Size2,375 SqFtStyleSingle Family ResidenceCountyPASSAICAPN08 03206-0000-00012

Schools near 488 East 18th Street

This home is within Paterson Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - PK to 3
Public - PK to 5
Public - PK 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

School 21
PublicPK 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.

Similar Homes

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Similar Sold Homes

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488 East 18th Street is a multi-family home for sale in Paterson, NJ 07514. This property was listed for sale on May 21, 2024 by Compass, it's currently listed at $650,000. It has been on the market for a total of 26 days and was last sold on November 8, 2018. This listing's school district is Paterson Public School District. Nearby schools include Dale Avenue Elementary School, Edward W. Kilpatrick Elementary School and School 15. 488 East 18th Street is a 7-bed, 3-bath, multi-family home.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

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 06/16/2024 09:10 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.