$10,000 Closing Credit¹
#3930481, Listing Office: REALTY EXECUTIVES EXCEPTIONAL
#25007050·
Listing Office: Casa Real Property Group LLC·
Listing Agent: Nancy Pavic·
Listing Office Phone: 973-684-1110
$769,900 List price
197 Mill St Paterson, NJ 07501
$9,143
Closing credit¹
9 beds
5 full
Multi-Family
Property details
About 197 Mill St
FANTASTIC investment opportunity!! A four-family building on a 25 x 124 lot with separate utilities and updated apartments is already a strong selling point, but the bonus apartment and the ability to collect rent as a five-family house make it even more attractive. Has a GREEN CARD add legitimacy and ease for a buyer.
Highlights
Home typeMulti Family
StatusActive
MLS #25007050
Summary
- MLS Number: 25007050
- Office Name: Casa Real Property Group LLC
- Office Phone: (973) 684-1110
- Listing Agent: Nancy Pavic
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: 3/15/2025, 11:20:56 AM 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
$769,900
197 Mill St
$9,143
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 28, 2017 | Home Sold | $240,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $236,800 | $11,610 |
| 2022 | $236,800 | $10,992 |
| 2021 | $236,800 | $10,599 |
| 2020 | $236,800 | $9,570 |
| 2019 | $231,500 | $9,426 |
History based on county public records data.
Nearby schools
3
Philip's Academy Charter School of Paterson
Public Charter KG-4
0.6 mi
•47 State St
3
School 15
Public District PK-5
0.6 mi
•98 Oak St
1
Edward W. Kilpatrick
Public District PK-3
0.7 mi
•295-315 Ellison 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. Most Paterson, NJ residents have annual incomes less than $<35k. The majority of families are married, with kids. The most common level of education of people living 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
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This home is located at 197 Mill St in Paterson, NJ and zip code 07501 in the Downtown Paterson neighborhood. Features: 9 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 10, 2025 and is currently priced at $769,900.
In February 2025 in Paterson, NJ there were 27.9% more homes for sale than in January. The median list price of listings available in February 2025 was $475,000, while the average time on the real estate market was 77 days.
From Rocket Homes Real Estate and based on county public records data.