#3972377, Listing office: GOYBURU REALTY, LLC
#25021935·
Listing office: Addison Real Estate·
Listing agent: Kimberly Barreto·
Listing office phone: 862-251-4915
$750,000 List price
107 Jersey St Paterson, NJ 07501
6 beds
2 full, 1 partial
Multi-Family
Property details
About 107 Jersey St
Cash Cow Investment Opportunity - Prime Corner Lot! Welcome to your next income-generating powerhouse! This mixed-use, corner-lot property offers three separate units and bonus billboard rental 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 andattracting long-term tenants. The ground-floor unit is currently a cafe primarily serving light meals and beverages, ensuring immediate cash flow. Thishigh-visibility location guarantees strong business potential. Recently modernized, reducing maintenance headaches and maximizing efficiency. Justoff Rt 80 with Rt 19 crossing right over, ensuring easy access. Only minutes from St. Joseph's University Medical Center, a hub for persons seeking quality rentals. Whether you're an investor or a savvy buyer, this high-traffic, high-demand property is your ticket to financialsuccess. Don't miss out schedule your showing today!
Highlights
Home typeMulti Family
StatusActive
MLS #25021935
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Total Bedroom Count: 6
- List Price: $750,000
- Annual Tax Amount: $10,301
- Tax Year: 2024
- MLS Number: 25021935
- 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: 7/22/2025, 8:45:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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. Typical income of Paterson, NJ residents is less than $<35k annually. Typical family type is married, with kids. Most residents in this area have high school diploma education.
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
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Frequently asked questions
About 107 Jersey St
The listing price of 107 Jersey St property is $750,000.
The property 107 Jersey St is a multi located in Paterson, New Jersey, 07501.
Active Listing: 107 Jersey St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 107 Jersey St are: School 5 (GreatSchools Rating 5/10), School 15 (GreatSchools Rating 3/10), Philip's Academy Charter School of Paterson (GreatSchools Rating 3/10), Community Charter School of Paterson (GreatSchools Rating 4/10), John P. Holland Charter School (GreatSchools Rating 5/10), School 3 (GreatSchools Rating 3/10), Paterson Arts and Science Charter School (GreatSchools Rating 4/10), International High School (GreatSchools Rating 3/10), School of Health Science (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $10,301 (source: MLS/based on county public records data).
The last sale was on October 8, 2019 for $194,000 (source: MLS/tax record).
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 June 24, 2025 and is currently priced at $750,000.
The number of listings in Paterson, NJ increased by 25.9% between May and June 2025. Listings spent 80 days on the market in June 2025, and had a median list price of $499,900 during the same period.
From Rocket Homes Real Estate and based on county public records data.