New - 6 days on Rocket
$2,957 Closing Credit¹
#3947315, Listing Office: INTEGRATED PROPERTY GROUP LLC
$279,000 List price
195 Preakness Ave Paterson City, NJ 07502
$3,313
Closing credit¹
5 beds
3 full, 2 partial
0.06 acres
Multi-Family
Property details
About 195 Preakness Ave
Bankruptcy. Bar on the first floor delivered vacant. List price is the reserve. The sale for this and other properties is taking place on March 19th at the Wyndham Garden Totowa, featuring seven (7) 2-4 multi-family and mixed-use properties in Paterson and Hawthorne, NJ. Includes both income-producing and non-income-producing properties, ideal for investors looking for existing income, and/or fix and flips. Unique opportunity. Properties are each being sold individually, all free and clear of liens, back taxes, etc. Low published reserve prices. Download executive summary for detailed information.In re: Chapter 11 Bankruptcy Case No.: 23-17272 (SLM), WHAIRHOUSE LIMITED LIABILITY COMPANY, IN THE UNITED STATES BANKRUPTCY COURT DISTRICT OF NEW JERSEY.
Highlights
Home typeMulti Family
HeatingNatural Gas
StatusActive
BasementYes
Lot size0.06 Acres
Year built
ParkingOn-Street Parking
MLS #3947471
Summary
- MLS Number: 3947471
- Office Name: INTEGRATED PROPERTY GROUP LLC
- Office Phone: (973) 753-1313
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Last updated on: 3/4/2025, 12:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$279,000
195 Preakness Ave
$3,313
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
5
School 19
Public District KG-4
0.2 mi
•31 James St
5
School 5
Public District KG-5
0.4 mi
•430 Totowa Ave
3
School 27
Public District PK-5
0.5 mi
•250 Richmond Ave
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 $41,058. Typical income of Paterson City, NJ residents is between $35k-100k annually. Residents typically live in married, with kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
38%
<35k
59%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
29%
Single, No Kids
17%
Single, with Kids
23%
Married, No Kids
31%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
10%
12-17 yrs old
28%
18-34 yrs old
39%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Major League Soccer (MLS)
Pro Boxing
Where do the neighbors shop?
Foot Locker
H&M
Burlington
Where do the neighbors go to eat?
Little Caesars
Popeyes
White Castle
What do the neighbors drive?
Dodge
Nissan
Kia
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 195 Preakness Ave in Paterson City, NJ and zip code 07502 in the 2nd Ward neighborhood. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 25, 2025 and is currently priced at $279,000.
The inventory of homes for sale in Paterson City, NJ between January and February 2025 increased by 27.9%. While the average time on the market in February 2025 was 77 days, the median list price was $475,000.
From Rocket Homes Real Estate and based on county public records data.