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$625,000 Just Listed
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Property Description
Legal 3-family investment opportunity in the heart of Paterson! Ideal for investors or owner-occupants looking to generate rental income. Each unit offers comfortable living space with great layout potential. First and second floors feature 3 bedrooms and 1 full bath, while the third floor offers 2 bedrooms and 1 full bath. Property is conveniently located near transportation, schools, shopping, and downtown amenities. Green card on file.
Full Property Details
Full Property Details for 164 N 3rd St
General
- Price: $625,000
- Taxes: $16,341 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4019579
- Updated: 4/9/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 15
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Exterior
- Exterior Features: Patio, Privacy Fence
Parking
- Garage Description: None
Location
- County: Passaic
- Driving Directions: GOOGLE MAPS
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: 3 Units
- Heating Fuel: Electric, Natural Gas, See Remarks
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Full, Walk-Out
- Roof: Asphalt Shingles
- Year Built: 1900
- Remodeled/Updated: 2019
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room
- Square Feet: 1129
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room
- Square Feet: 1129
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room
- Square Feet: 968
- Levels/Stories: 3
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: On-Street Parking
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $431,400
- Land Assmt: $130,000
- Tax Amount: $16,341
- Tax Year: 2025
Disclosures and Reports
- Disclosures: Yes
- Block: 203
- Lot Number: 12
Listed by Casa Real Property Group Llc
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Schools
Schools serving 164 N 3rd 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 164 N 3rd St
Date
Details
Price
Change
Source
4/08/2026
Listed
$625,000
60.26%
MLS
10/07/2021
Sold
$390,000
—
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 164 N 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,606
10%
$306,300
—
2022
$14,218
4%
$306,300
—
2021
$13,710
42%
$306,300
31%
2019
$9,669
-3%
$233,900
2%
2018
$9,967
5%
$230,400
1%
2017
$9,510
-9%
$228,600
-5%
2016
$10,479
6%
$241,500
—
2015
$9,921
-23%
$241,500
-24%
2013
$12,825
—
$317,400
—
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 164 N 3rd St
164 N 3rd St, Paterson, NJ 07522 (MLS# 4019579) is a Multi-Family property with 3 units containing 8 bedrooms and 3 full bathrooms. 164 N 3rd St is currently listed for $625,000 and was received on April 08, 2026. Want to learn more about 164 N 3rd 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.

