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$899,999 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 10 Total Beds
  • Updated 19 hours ago
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Welcome to 163 Fair St, Paterson, NJ, a meticulously maintained three-family home with a finished basement that presents an exceptional investment opportunity or an ideal owner-occupant scenario. The building features a first-floor 3-bedroom unit, a second-floor 3-bedroom unit, and a third-floor 4-bedroom unit that are all tenant-occupied, providing a steady source of income. Separately metered gas and electric utilities for each unit ensure low overhead expenses for the landlord. This property is Conveniently located near shops, restaurants, schools, parks, and easy access to public transportation. Whether you're looking to owner-occupy while generating rental income or expand your investment portfolio, this property is a fantastic opportunity.

Full Property Details for 163 Fair St #3

General

  • Price: $899,999
  • Taxes: $23,388 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4035802
  • Updated: 6/20/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 18
  • Interior Features: Carbon Monoxide Detector, Security System, Smoke Detector

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 10

Exterior

  • Exterior Features: Open Porch(es), Patio

Parking

  • Garage Description: None

Location

  • County: Passaic
  • Driving Directions: Right off Fair St between Broadway and Lafayette Street.

Heating & Cooling

  • Cooling Type: 3 Units
  • Heating Type: 3 Units
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Available
  • Water: Public Water
  • Utility Description: All Underground

Structural Information

  • Architectural Style: 3-Three Story
  • Exterior Const.: Stucco, Wood Shingle
  • Basement: Yes
  • Basement Desc.: Finished, Full, Walk-Out
  • Roof: Asphalt Shingles
  • Year Built: 2015
  • Remodeled/Updated: 2015

Unit Information

Unit 1

  • Unit Description: Bedrooms, Kitchen, Living Room
  • Square Feet: 850
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Unit Description: Bedrooms, Kitchen, Living Room
  • Square Feet: 850
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 3

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room
  • Square Feet: 850
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 4

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Dimensions: 28 x 100
  • Driveway/Sidewalk: On-Street Parking

Financial Considerations

  • Operating Expenses: $5,000
  • Assessment Amount: $1,029,200
  • Land Assmt: $119,500
  • Tax Amount: $23,388
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures: Yes
  • Block: 3612
  • Lot Number: 16
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 163 Fair St #3 —

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 163 Fair St #3

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 163 Fair St #3 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/20/2026
Listed
$899,999
46.82%
MLS
2/14/2022
Sold
$613,000
—
Public Record
Get Price Alerts and Save Property
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 for 163 Fair St #3

Year
Property Taxes
Change
Tax Assessment
Change
2024
$22,336
10%
$438,400
—
2022
$20,351
—
$438,400
—
2022
$20,346
39%
$438,400
—
2021
$14,589
-18%
$438,400
2%
2019
$17,710
8%
$428,400
13%
2018
$16,404
5%
$379,200
1%
2017
$15,650
-9%
$376,200
-5%
2016
$17,248
6%
$397,500
—
2015
$16,329
7%
$397,500
-24%
2014
$15,204
—
$525,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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163 Fair St #3, Paterson, NJ 07501 (MLS# 4035802) is a Multi-Family property with 3 units containing 10 bedrooms and 4 full bathrooms. 163 Fair St #3 is currently listed for $899,999 and was received on June 20, 2026. This property is listed by The ONE94 Group from our Ridgewood Office.Want to learn more about 163 Fair St #3? 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.

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