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Property Description
Excellent opportunity to own a well-maintained multi-family property in Paterson's Riverside neighborhood. This income-producing asset features spacious units, separate utilities, and a generous lot size. Conveniently located near schools, parks, shopping, public transportation, and major highways, offering easy access for commuters. Ideal for investors seeking strong rental potential or owner-occupants looking to offset expenses with rental income. A BONUS bedroom and bathroom in the basement with walkout access. A great value with long-term appreciation potential.
Full Property Details
Full Property Details for 205-207 E 24th St
General
- Price: $549,000
- Taxes: $11,854 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4035461
- Updated: 6/19/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 8
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Location
- County: Passaic
- Driving Directions: Prime commuter location with quick access to Route 19, I-80, Route 20, and the Garden State Parkway
Heating & Cooling
- Cooling Type: Wall A/C Unit(s)
- Heating Type: Baseboard - Hotwater
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Year Built: 1978
Unit Information
Unit 1
- Unit Description: Eat-In Kitchen, Kitchen, Living Room, Master Bedroom
- Square Feet: 1183
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Unit Description: Bedrooms, Kitchen, Living Room, Master Bedroom
- Square Feet: 1183
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.11
- Lot Dimensions: 50 x 100
- Driveway/Sidewalk: Off-Street Parking
Financial Considerations
- Assessment Amount: $236,700
- Land Assmt: $270,000
- Tax Amount: $11,854
- Tax Year: 2025
Disclosures and Reports
- Exclusions: All Personal Items
- Block: 2413
- Lot Number: 9
Listed by Realty One Group Legend
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Schools
Schools serving 205-207 E 24th 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 205-207 E 24th St
Date
Details
Price
Change
Source
6/18/2026
Listed
$549,000
119.6%
MLS
10/01/2018
Sold
$250,000
—
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 205-207 E 24th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,321
10%
$222,200
—
2022
$10,315
4%
$222,200
—
2021
$9,946
11%
$222,200
2%
2019
$8,983
37%
$217,300
44%
2018
$6,537
5%
$151,100
1%
2017
$6,240
-6%
$150,000
-2%
2016
$6,673
6%
$153,800
—
2015
$6,318
-4%
$153,800
-30%
2013
$6,586
—
$220,000
—
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 205-207 E 24th St
205-207 E 24th St, Paterson, NJ 07514 (MLS# 4035461) is a Multi-Family property with 2 units containing 3 bedrooms and 2 full bathrooms. 205-207 E 24th St is currently listed for $549,000 and was received on June 18, 2026. Want to learn more about 205-207 E 24th 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.

