This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$749,900
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Turnkey Renovated 3 years ago - 3-Family - High Yield & Low Maintenance. Rare opportunity to own a fully gut-renovated, income-producing 3-family property in a high-demand location near Downtown Paterson. Stripped to the studs and completely reimagined, this substantial residence offers three spacious units, each featuring a modern 3-bedroom layout designed to attract premium tenants or provide comfortable owner-occupant living. High-end capital improvements include a new roof, new siding, and windows, ensuring minimal deferred maintenance and low operating expenses. Each unit showcases updated kitchens with contemporary cabinetry and durable countertops, alongside fully updated modern baths. Perfectly situated just minutes from shopping, dining, public transportation, and major highways, this property offers an unbeatable combination for commuters and investors alike. Whether you are looking for a stabilized asset or a "live-in-one, rent-the-others" house-hack, this property delivers immediate value and long-term durability. Just turn the key and start collecting.
Full Property Details
Full Property Details for 202 Mill St
General
- Price: $749,900
- Taxes: $5,286 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4016185
- Updated: 3/24/2026
- Added to Site: 12 day(s) ago
Interior
- Number of Rooms: 15
- Interior Features: Carbon Monoxide Detector, See Remarks, Smoke Detector
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 9
Exterior
- Exterior Features: Sidewalk
Location
- County: Passaic
- Driving Directions: Main to Slater to Mill
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: 3 Units, See Remarks
- Heating Fuel: Natural Gas
- Water Heater: See Remarks
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Gas In Street, Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Brick, Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Asphalt Shingles, See Remarks
- Year Built: 1940
- Remodeled/Updated: 2023
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, See Remarks
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, See Remarks
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, See Remarks
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
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: $451,500
- Land Assmt: $90,100
- Tax Amount: $5,286
- Tax Year: 2025
Disclosures and Reports
- Disclosures: Yes
- Block: 5202
- Lot Number: 10
Listed by United Real Estate
Get Pre-Approved Today
Schools
Schools serving 202 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 202 Mill St
Date
Details
Price
Change
Source
3/23/2026
Listed
$749,900
—
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 202 Mill St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,049
4%
$99,100
—
2023
$4,859
6%
$99,100
—
2022
$4,600
4%
$99,100
—
2021
$4,436
11%
$99,100
2%
2019
$4,006
-3%
$96,900
1%
2018
$4,131
5%
$95,500
1%
2017
$3,944
-9%
$94,800
-5%
2016
$4,348
6%
$100,200
—
2015
$4,116
-44%
$100,200
-63%
2013
$7,395
—
$269,500
—
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 202 Mill St
202 Mill St, Paterson, NJ 07501 (MLS# 4016185) is a Multi-Family property with 3 units containing 9 bedrooms and 3 full bathrooms. 202 Mill St is currently listed for $749,900 and was received on March 23, 2026. Want to learn more about 202 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.

