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$499,900 Just Listed
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Property Description
Great two-family property in a centralized Paterson location, offering an excellent opportunity for either owner occupancy or investment income. Conveniently located near Great Falls, Hinchliffe Stadium, St. Joseph's Hospital, and major highways. Each unit features three bedrooms, one full bathroom, a kitchen, and a family room. The first-floor unit offers access to the backyard, while the second-floor unit features a private deck. The third floor presents tremendous potential for an additional unit, providing investors with the opportunity to create additional rental income and maximize the property's potential. The roof is approximately 9 years old. With its versatile layout, desirable location, and multiple possibilities for expansion and income, this unique two-family property is an excellent opportunity for both homeowners and investors.
Full Property Details
Full Property Details for 160 Mill St
General
- Price: $499,900
- Taxes: $5,980 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4046970
- Updated: 8/22/2026
- Added to Site: 5 day(s) ago
Interior
- Number of Rooms: 12
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Exterior
- Color: Green
Parking
- Garage Description: None, On-Street Parking
Location
- County: Passaic
- Subdivision: Mill Street
- Driving Directions: Route 80 to Route 19 to Grand Street to Mill Street
Heating & Cooling
- Cooling Type: Ceiling Fan
- Heating Type: 1 Unit
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas, Cable TV Available
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Square Feet: 1,760
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Family Room, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Family Room, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: None, On-Street Parking
- Zoning: RES
- Lot Description: Level Lot
Financial Considerations
- Expenses: Insurance, Maintenance, Taxes
- Operating Expenses: $7,980
- Assessment Amount: $263,800
- Land Assmt: $94,100
- Tax Amount: $5,980
- Tax Year: 2025
Disclosures and Reports
- Disclosures: Yes
- Block: 5201
- Lot Number: 11
Listed by Fallivene Agency Inc.
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Schools
Schools serving 160 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 160 Mill St
Date
Details
Price
Change
Source
8/22/2026
Listed
$499,900
—
MLS
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 160 Mill St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,981
—
$357,900
219%
2025
$5,981
15%
$112,100
—
2022
$5,204
4%
$112,100
—
2021
$5,018
7%
$112,100
4%
2018
$4,676
5%
$108,100
1%
2017
$4,464
-9%
$107,300
-5%
2016
$4,920
6%
$113,400
—
2015
$4,658
3%
$113,400
3%
2019
$4,531
-50%
$109,600
-67%
2013
$8,998
—
$327,900
—
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 160 Mill St
160 Mill St, Paterson, NJ 07501 (MLS# 4046970) is a Multi-Family property with 2 units containing 6 bedrooms and 2 full bathrooms. 160 Mill St is currently listed for $499,900 and was received on August 22, 2026. Want to learn more about 160 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.

