$8,014 Closing Credit¹
#24030559, William Halick, Listing Office: HomeSmart First Advantage Realty
#25004429·
Listing Office: Addison Real Estate·
Listing Agent: Kimberly Barreto·
Listing Office Phone: 862-251-4915
$650,000 List price
107 Jersey St Paterson, NJ 07501
$7,719
Closing credit¹
6 beds
2 full, 1 partial
Multi-Family
Property details
About 107 Jersey St
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*
Highlights
Home typeMulti Family
StatusActive
MLS #25004429
Summary
- MLS Number: 25004429
- Office Name: Addison Real Estate
- Office Phone: (862) 251-4915
- Listing Agent: Kimberly Barreto
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Information provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.
Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 6:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$650,000
107 Jersey St
$7,719
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 08, 2019 | Home Sold | $194,000 |
| Sep 30, 2004 | Home Sold | $320,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $210,100 | $10,301 |
| 2022 | $210,100 | $9,752 |
| 2021 | $210,100 | $9,404 |
| 2020 | $210,100 | $8,358 |
| 2019 | $202,200 | $7,864 |
History based on county public records data.
Nearby schools
5
School 5
Public District KG-5
0.7 mi
•430 Totowa Ave
3
School 15
Public District PK-5
0.7 mi
•98 Oak St
3
Philip's Academy Charter School of Paterson
Public Charter KG-4
0.7 mi
•47 State St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $17,800. The most common annual income of people living in Paterson, NJ is less than $<35k. Typical family type is married, with kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
72%
<35k
22%
35k-100k
4%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
28%
Single, No Kids
26%
Single, with Kids
16%
Married, No Kids
30%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
24%
<11 yrs old
10%
12-17 yrs old
27%
18-34 yrs old
33%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
H&M
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
Boston Market
What do the neighbors drive?
Nissan
Dodge
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
$8,014 Closing Credit¹
#3924787, Listing Office: HOMESMART FIRST ADVANTAGE
$8,194 Closing Credit¹
#25001478, Sandy Cuevas, Listing Office: Weichert Realtors, Jersey City
$6,947 Closing Credit¹
#25003520, Alexis Guilliani, Listing Office: Century 21 A.G. Realty Group
New - 1 day on Rocket
$6,649 Closing Credit¹
#25005494, Adam Bonilla, Listing Office: Casa Real Property Group LLC
$6,234 Closing Credit¹
#3932133, Listing Office: KELLER WILLIAMS - NJ METRO GROUP
New - 1 day on Rocket
$9,251 Closing Credit¹
#3946931, Listing Office: NICHOLAS REAL ESTATE AGENCY
$7,719 Closing Credit¹
#3926016, Listing Office: YES-CASA-HOME REAL ESTATE
$7,719 Closing Credit¹
#24031039, Yodelsy De La Cruz, Listing Office: Yes-Casa Home Real Estate
$6,888 Closing Credit¹
#3937768, Listing Office: CENTURY 21 JR GOLD TEAM REALTY
This home is located at 107 Jersey St in Paterson, NJ and zip code 07501 in the Downtown Paterson neighborhood. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 11, 2025 and is currently priced at $650,000.
The number of homes for sale in Paterson, NJ increased by 7% between December and January 2025. While the average time on the market in January 2025 was 85 days, the median list price was $468,258.
From Rocket Homes Real Estate and based on county public records data.