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$489,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 5 Total Beds
  • Updated 4 days ago

Next open house:

Open House: 12:00 PM - 2:00 PM

Saturday 3/21 12:00 PM - 2:00 PM

550 River St,Paterson, NJ 07524

550 River StPatersonNJ07524

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Join us at 550 River St on:

  • Open House: 12:00 PM - 2:00 PM

    Sunday 3/22 12:00 PM - 2:00 PM

    550 River St,Paterson, NJ 07524
    550 River StPatersonNJ07524
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Welcome to this well-located multi-family property offering 5 bedrooms and 3 full bathrooms, plus a walk-up bonus third floor that adds versatility and strong investment potential. Great opportunity for investors or first time buyers. The first-floor unit features two bedrooms and one full bathroom. The second and third floors are combined into one spacious unit, offering generously sized bedrooms, multiple bathrooms, and ample living space for comfortable everyday living. The basement provides additional storage, and separate utilities add convenience for both units. Enjoy a private backyard, perfect for outdoor relaxation or entertaining.

Full Property Details for 550 River St

General

  • Price: $489,000
  • Taxes: $6,129 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4014153
  • Updated: 3/12/2026
  • Added to Site: 5 day(s) ago

Interior

  • Number of Rooms: 9

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 5

Parking

  • Garage Description: None

Location

  • County: Passaic
  • Driving Directions: I-80 to Exit 58 (Market St/Paterson), continue to McLean Blvd (NJ-20), then turn onto River St to #550.

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: Natural Gas

Structural Information

  • Architectural Style: 3-Three Story
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Roof: Asphalt Shingles
  • Year Built: 1900

Unit Information

Unit 1

  • Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Porch
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Porch
  • Levels/Stories: 2
  • Total Bathrooms: 2
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Dimensions: 25 x 100
  • Driveway/Sidewalk: On-Street Parking

Financial Considerations

  • Assessment Amount: $223,700
  • Land Assmt: $114,800
  • Tax Amount: $6,129
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures: Yes
  • Block: 2907
  • Lot Number: 14

Listed by 3Sixty Realty Llc

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Listing agent

— 550 River St —

  • 3Sixty Realty Llc

973-969-3363

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 550 River 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 550 River St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/12/2026
Listed
$489,000
226%
MLS
8/09/2019
Sold
$150,000
—
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 550 River St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,129
10%
$120,300
—
2022
$5,584
11%
$120,300
—
2020
$5,023
3%
$120,300
—
2019
$4,866
—
$120,300
2%
2019
$4,866
-3%
$117,700
1%
2018
$5,018
5%
$116,000
1%
2017
$4,796
-8%
$115,300
-4%
2016
$5,194
6%
$119,700
—
2015
$4,917
-39%
$119,700
-59%
2013
$8,018
—
$292,200
—
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 for 550 River St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by 3Sixty Realty Llc

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550 River St, Paterson, NJ 07524 (MLS# 4014153) is a Multi-Family property with 2 units containing 5 bedrooms and 3 full bathrooms. 550 River St is currently listed for $489,000 and was received on March 12, 2026. Want to learn more about 550 River 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.

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