This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/23
$950,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/23
Property Description
Excellent opportunity to own a 6-unit multifamily investment property in Paterson! This income-producing building is ideally located near major transportation, shopping, and everyday conveniences. Whether you're expanding your portfolio or making your first multifamily investment, this property offers outstanding long-term potential.
Full Property Details
Full Property Details for 171 Temple St
General
- Price: $950,000
- Taxes: $17,248 (2025)
- Status: Active
- Type: Apartment
- Source: Garden_State
- MLS ID: 4040700
- Updated: 7/15/2026
- Added to Site: 47 day(s) ago
Business
- Includes: Building Only
Rental Information
- Lease/Rent Term: Other
- Lease Includes: Building Insurance, Building Maintenance, Common Area Maint, Taxes
- Lease Terms: 1 Year Minimum
Rooms
Bathrooms
- Total Bathrooms: 6
- Restrooms: 6
Additional Information
- Equipment: Appliances, Fire Alarm, Kitchen Area, Refrigeration Unit, Restrooms - Private, Smoke Detector
Parking
- Parking: None
Location
- County: Passaic
- Driving Directions: Between 7th & N 6th
- Location Details: Freestanding
Heating & Cooling
- Cooling Type: Central Air Conditioning, Window A/C(s)
- Heating Type: Baseboard - Hotwater, Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Construction: Wood
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Crawl Space
- Roof: Flat
- Stories in Building: 3
- Square Feet: 4,080
- Aprox. Leasable: 4,080 Sq. Ft.
- Remodeled/Updated: 2025
Unit Information
- 1 Bedroom Units: 6
- Units w/Full Bath: 6
Lot Features
- Lot Size (Acres): 0.07
- Lot Size: 40X75
- Zoning: R-3
Financial Considerations
- Price Per Sq. Ft.: $232
- Operating Expenses: $18,148
- Assessment Amount: $763,700
- Land Assmt: $126,000
- Tax Amount: $17,248
- Tax Year: 2025
- Tenant Pays: Electric, Gas, Heat, Hot Water
- Pays Utilities: Tenant
- CAM Price Per Sq. Ft.: 75
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses
- APN: 2508-00301-0000-00002-0000-
- Block: 301
- Lot Number: 2
Listed by Hi-Level Real Estate
Get Pre-Approved Today
Schools
Schools serving 171 Temple 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 171 Temple St
Date
Details
Price
Change
Source
7/14/2026
Listed
$950,000
126.19%
MLS
8/06/2019
Sold
$420,000
—
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 171 Temple St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,248
—
$763,700
136%
2025
$17,248
9%
$323,300
—
2023
$15,851
6%
$323,300
—
2022
$15,008
4%
$323,300
—
2021
$14,471
14%
$323,300
6%
2019
$12,642
19%
$305,800
25%
2018
$10,581
4%
$244,600
—
2017
$10,175
-10%
$244,600
-6%
2016
$11,247
6%
$259,200
—
2015
$10,648
-12%
$259,200
-38%
2014
$12,134
—
$419,000
—
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 171 Temple St
171 Temple St, Paterson, NJ 07522 (MLS# 4040700) is a Apartment property. 171 Temple St is currently listed for $950,000 and was received on July 14, 2026. Want to learn more about 171 Temple St? Do you have questions about finding other Apartment real estate for sale in Paterson? You can browse all Paterson real estate or contact a Coldwell Banker agent to request more information.

