$649,000

11 N 5th St Paterson, NJ 07522

$7,707
Closing credit¹
6 beds
4 full
Multi-Family

Property details

About 11 N 5th St

Excellent income-producing 4-family property offering a strong rental history and solid cash flow. Each unit is tenant-occupied with separate gas and electric meters, helping to minimize landlord expenses. Layout includes one 3BR, two 2BRs, and one 1BR—all with 1 full bath. Central air and gas heating. Situated on a deep 25x150 lot near transit, shopping, and schools. A rare opportunity to acquire a stabilized asset in a high-demand rental market.

Highlights

Home typeQuadruplex
HeatingNatural Gas, Forced Air
StatusActive
(ACTIVE)
CoolingCentral Air
MLS #250008493

Summary

  • Full Bathrooms: 4
  • Total Bedroom Count: 6
  • Architectural Style: Other-See Remarks
  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air
  • List Price: $649,000
  • Annual Tax Amount: $9,158
  • Tax Year: 2024
  • MLS Number: 250008493
  • MLS Name: HudsonCountyNJ
  • Office Name: KELLER WILLIAMS PARK VIEWS
  • Office Phone: (201) 939-0050

IDXThe data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than this broker are marked with the HCIDX mark and the information about them includes the name of the listing broker. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2025, 3:15:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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11 N 5th St, Paterson, NJ 07522 - back of house with entry steps, fence, and a fire pit

$649,000

11 N 5th St

$7,707

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 29, 2022
Home Sold
$575,000
Jan 15, 1997
Home Sold
$85,000
Jan 15, 1997
Home Sold
$55,000

Tax history

YearAssessmentProperty Tax
2024$186,800$9,158
2022$186,800$8,671
2021$186,800$8,361
2020$186,800$7,556
2019$182,800$7,795

History based on county public records data.

Nearby schools

5

School 5

Public District KG-5

0.5 mi

430 Totowa Ave

5

School 19

Public District KG-4

0.7 mi

31 James St

1

Edward W. Kilpatrick

Public District PK-3

1.0 mi

295-315 Ellison St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $38,649. Most Paterson, NJ residents have annual incomes less than $<35k. The most common type of family is single, with kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

46%
<35k
42%
35k-100k
7%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

33%
Single, No Kids
41%
Single, with Kids
11%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
13%
12-17 yrs old
27%
18-34 yrs old
33%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Little CaesarsLittle Caesars
  • White CastleWhite Castle

What do the neighbors drive?

  • NissanNissan
  • DodgeDodge
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 11 N 5th St in Paterson, NJ and zip code 07522 in the Northside neighborhood. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $649,000.

Between March and April 2025, Paterson, NJ real estate market has seen increase in the number of listings by 20.3%. The median list price of listings available in April 2025 was $489,900, while the average time on the real estate market was 80 days.

From Rocket Homes Real Estate and based on county public records data.

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