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$1,399,000
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Property Description
Full Gut-Renovated 4-Family Investment Opportunity! Fully transformed with everything brand new inside and out, this turnkey property offers luxury finishes throughout each unit with modern style and quality craftsmanship. Featuring on-site laundry, low-maintenance ownership, and strong income potential, this is the perfect addition to any investor?s portfolio. Conveniently located near all major highways, just 25 minutes to New York City, and walking distance to the commercial downtown section of Paterson, making it highly attractive for commuters and tenants alike. A rare chance to own a fully updated, cash-flowing asset with zero immediate maintenance concerns.
Full Property Details
Full Property Details for 142 Mill St
General
- Price: $1,399,000
- Taxes: $14,569 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4021884
- Updated: 4/20/2026
- Added to Site: 38 day(s) ago
Interior
- Number of Rooms: 28
- Interior Features: Smoke Detector
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 12
Location
- County: Passaic
- Driving Directions: GPS to 142 Mill st.
Heating & Cooling
- Cooling Type: Ductless Split AC
- Heating Type: Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: Fourplex
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Year Built: 1930
- Remodeled/Updated: 2026
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Laundry Room, Living Room, Master Bedroom
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Kitchen, Laundry Room, Living Room, Porch, Master Bedroom
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Kitchen, Laundry Room, Living Room, Porch, Master Bedroom
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 4
- Unit Description: Bedrooms, Kitchen, Laundry Room, Living Room, Porch, Master Bedroom
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.03
- Lot Dimensions: 25 x 56
- Driveway/Sidewalk: None
Financial Considerations
- Assessment Amount: $595,500
- Land Assmt: $87,800
- Tax Amount: $14,569
- Tax Year: 2025
Disclosures and Reports
- Block: 5201
- Lot Number: 2
Listed by CHRISTIE'S INT. REAL ESTATE GROUP
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Schools
Schools serving 142 Mill St
School District:Paterson City School District
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 142 Mill St
Date
Details
Price
Change
Source
4/20/2026
Listed
$1,399,000
198.17%
MLS
10/29/2021
Sold
$469,200
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 142 Mill St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,914
4%
$273,100
—
2023
$13,390
6%
$273,100
—
2022
$12,677
4%
$273,100
—
2021
$12,224
8%
$273,100
4%
2018
$11,364
12%
$262,700
7%
2017
$10,167
-20%
$244,400
-16%
2016
$12,644
6%
$291,400
—
2015
$11,971
9%
$291,400
9%
2019
$11,030
-46%
$266,800
-64%
2013
$20,292
—
$739,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 142 Mill St
142 Mill St, Paterson, NJ 07501 (MLS# 4021884) is a Multi-Family property with 4 units containing 12 bedrooms and 4 full bathrooms. 142 Mill St is currently listed for $1,399,000 and was received on April 20, 2026. Want to learn more about 142 Mill St? Do you have questions about finding other Multi-Family real estate for sale in Paterson? You can browse all Paterson real estate or contact a Coldwell Banker agent to request more information.

