581 East 18th Street

Paterson, NJ 07514

$749,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

A versatile property offers a balanced portfolio with residential and commercial leasing opportunities. Located in the heart of Paterson, with easy access to public transportation and major highways. Surrounded by thriving local businesses, schools, parks and residential communities. Situated in a dynamic area with ongoing development projects, this property will be a compelling choice for investors seeking solid returns and long-term value growth. Don't miss the chance to capitalize on this exceptional...A versatile property offers a balanced portfolio with residential and commercial leasing opportunities. Located in the heart of Paterson, with easy access to public transportation and major highways. Surrounded by thriving local businesses, schools, parks and residential communities. Situated in a dynamic area with ongoing development projects, this property will be a compelling choice for investors seeking solid returns and long-term value growth. Don't miss the chance to capitalize on this exceptional property. FL1: Commercial store- Smoke shop FL2: 3BR- 1BA - occupied FL3: 2BR- 1BA- occupied
  1. Listed by Le Anh Thu Phan • Northeast Realty & Management LLC • (973) 607-7726
  2. Listed by Jacob Nguyen • Northeast Realty & Management LLC

Property Details for 581 East 18th Street

Style
Res/Com Mixed
Sub style
Other

Location

Listing Courtesy of Northeast Realty & Management LLC, Le Anh Thu Phan; Northeast Realty & Management LLC, Jacob Nguyen
Add your commute
LISTING UPDATED: 05/21/2024 11:45 AM

Property Details for 581 East 18th Street

StatusActive
MLS #24015416
Days on Market16
Taxes$6,015 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeMixed Use / Res/Com Mixed
Year Built-
Lot Size-
CountyPassaic County

Location

Listing Courtesy of Northeast Realty & Management LLC, Le Anh Thu Phan; Northeast Realty & Management LLC, Jacob Nguyen
Add your commute

Building Information for 581 East 18th Street

Stories4Residences2Year Built-Lot Size-

Payment Calculator

$4,594 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,093

Property Taxes

$501

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 581 East 18th Street

Summary
Location and General Information
  • Area: 1608
  • Area name: Paterson
  • Directions: Hamilton Ave turn to 18th St
  • Street Name: 18th
  • County Name: PASSAIC
  • Status: ACTIVE
  • Street Number Numeric: 581
  • Street Direction: East
  • Zip Code: 07514
Taxes and HOA Information
  • Tax: $6,015
Property
Lot Information
  • Lot: 00026
  • Year Built: 1960's, Renovated
  • Propertype ro: A/C, Gas, Munincipal Water, Sewer
  • Block: 03421
Property and Assessments
  • Photo: Y
  • Photo Number: 20
  • CourtAppYN: No
Interior and Exterior Features
Interior Features
  • Number of Units: 2
  • Number Of Stories: 4
  • Full Baths Total: 0
  • Num of Baths: 0.0
Exterior Features
  • Roof: Asphalt
  • Construction: Renovated
Multi Family
Multi-Family Information
  • No of studios: 1
  • No of Common units: 1
  • No1 Bedroom units: 0
  • No2 Bedroom units: 1
  • No3 Bedroom units: 1
Income & Expenses Information
  • Gross Income: $65,856.00
  • Net Income: $57,356.00
  • Gross expenses: $8,500.00
Agent
Sale and Listing Information
  • Search Class: MIX
  • List Price: $749,900.00
  • Listing Date: 05-17-2024
  • Status Date: 05-17-2024
Showing Information
  • Internet Remarks: A versatile property offers a balanced portfolio with residential and commercial leasing opportunities. Located in the heart of Paterson, with easy access to public transportation and major highways. Surrounded by thriving local businesses, schools, parks and residential communities. Situated in a dynamic area with ongoing development projects, this property will be a compelling choice for investors seeking solid returns and long-term value growth. Don't miss the chance to capitalize on this exceptional property. FL1: Commercial store- Smoke shop FL2: 3BR- 1BA - occupied FL3: 2BR- 1BA- occupied
Rental
Rental Information
  • Owner pays: None

Property History for 581 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 581 East 18th Street

Taxable ValueLand$54,400Additions$68,300Total$122,700
Tax Record2022$5,696 ($475 / month)
Home Facts
Total Finished SqFt2,247 SqFtAbove Grade Finished SqFt2,247 SqFtStories2Lot Size2,550 SqFtStyleMiscellaneous CommercialZoningB-2CountyPASSAICAPN08 03421-0000-00026

Schools near 581 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 - 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

School 13
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.

Similar Homes

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Similar Sold Homes

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581 East 18th Street is a mixed use property for sale in Paterson, NJ 07514. This property was listed for sale on May 17, 2024 by Northeast Realty & Management LLC, it's currently listed at $749,900. It has been on the market for a total of 16 days and was last sold on March 28, 2023. 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. 581 East 18th Street is a 0-bed, 0-bath, mixed use property.

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.

Listing Courtesy of Northeast Realty & Management LLC, Le Anh Thu Phan; Northeast Realty & Management LLC, Jacob Nguyen

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 06/01/2024 11:50 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.