72 Arch Street

Paterson, NJ 07522

$535,000
Price
8
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This property maximizes convenience with proximity to schools, parks, shopping centers, diverse dining options, and efficient public transportation. Designed for optimal investment returns, both units are currently tenant-occupied, ensuring a stable and immediate rental income. This strategic positioning and the property's versatile layout present a great opportunity for investors seeking long-term financial security.This property maximizes convenience with proximity to schools, parks, shopping centers, diverse dining options, and efficient public transportation. Designed for optimal investment returns, both units are currently tenant-occupied, ensuring a stable and immediate rental income. This strategic positioning and the property's versatile layout present a great opportunity for investors seeking long-term financial security.
  1. Listed by Giancarlo Benitez • Real • (855) 450-0442

Property Details for 72 Arch Street

Style
2 Family
Sub style
Top/Btm
Waterfront
None
Garage
O/See Remk

Location

Listing Courtesy of Real, Giancarlo Benitez
Add your commute
LISTING UPDATED: 02/27/2024 01:03 PM

Property Details for 72 Arch Street

StatusActive
MLS #23034628
Days on Market173
Taxes$4,925 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2 Family
Year Built-
Lot Size0.06 AC / 2,500 SF
CountyPassaic County

Location

Listing Courtesy of Real, Giancarlo Benitez
Add your commute

Building Information for 72 Arch Street

Stories-Residences-Year Built-Building Size-Lot Size0.06 AC / 2,500 SF

Payment Calculator

$3,330 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,920

Property Taxes

$410

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 72 Arch Street

Summary
Location and General Information
  • Area: 1608
  • Area name: Paterson
  • Flood plain: None
  • Street Name: Arch
  • County Name: PASSAIC
  • Status: ACTIVE
  • Street Number Numeric: 72
  • Zip Code: 07522
Taxes and HOA Information
  • Tax: $4,925
Owner
  • Ownership: Corporate
Property
Lot Information
  • Lot size: 2500.0
  • Lot: 00026
  • Year Built: 1940's
  • Views exposure: None
  • Lot Description: Regular
  • Miscellaneous: None
  • Block: 00205
Property and Assessments
  • Photo: Y
  • Photo Number: 1
  • CourtAppYN: No
Utilities
  • Sewer: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat, Sep Water
  • Heatcool: Gas
  • Cooling Type: Gas
Interior and Exterior Features
Interior Features
  • Bedrooms: 8
  • Baths full: 3
  • Baths partial: 0
  • Basement: None
  • Number of rooms: 12
  • Laundry: None
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
  • Full Baths Total: 3
  • Num of Baths: 3.0
Exterior Features
  • Fireplace: None
Agent
Sale and Listing Information
  • Item Not Included: Personal items
  • Search Class: 2to4
  • List Price: $535,000.00
  • Listing Date: 11-10-2023
  • Status Date: 11-09-2023
Showing Information
  • Internet Remarks: This property maximizes convenience with proximity to schools, parks, shopping centers, diverse dining options, and efficient public transportation. Designed for optimal investment returns, both units are currently tenant-occupied, ensuring a stable and immediate rental income. This strategic positioning and the property's versatile layout present a great opportunity for investors seeking long-term financial security.

Property History for 72 Arch 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 72 Arch Street

Taxable ValueLand$31,900Additions$74,200Total$106,100
Tax Record2022$4,925 ($410 / month)
Home Facts
Beds0Total Finished SqFt2,126 SqFtAbove Grade Finished SqFt2,126 SqFtStories2Lot Size2,500 SqFtStyleSingle Family ResidenceYear Built1900CountyPASSAICAPN08 00205-0000-00026

Schools near 72 Arch 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 - 1 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

Rev. Dr. Frank Napier Jr. School
Public1 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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72 Arch Street is a multi-family home for sale in Paterson, NJ 07522. This property was listed for sale on November 10, 2023 by Real, it's currently listed at $535,000. It has been on the market for a total of 173 days and was last sold on April 27, 2017. 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. 72 Arch Street is a 8-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.

Listing Courtesy of Real, Giancarlo Benitez

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 05/01/2024 06:44 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.