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$550,000 Just Listed
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Property Description
Excellent opportunity to own this two-family home featuring a classic Colonial-style layout. The first and second floors each offer 3 bedrooms, 1 full bathroom, living room, and kitchen, providing comfortable living space for occupants or tenants. The third floor includes an additional 2 bedroom unit with 1 full bathroom, offering extra living potential. Finished full walk-out basement adds bonus space and versatility. Property features gas heat, radiator heating system, aluminum/vinyl exterior, and window A/C units. Conveniently located near transportation, shopping, schools, and major highways. Great opportunity for owner-occupants or investors seeking strong rental potential.
Full Property Details
Full Property Details for 78 16th Ave
General
- Price: $550,000
- Taxes: $7,118 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4028990
- Updated: 5/20/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 18
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Location
- County: Passaic
- Driving Directions: Between 16th Ave and Summer St
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: See Remarks
- Heating Fuel: See Remarks
Utilities
- Sewer: See Remarks
- Water: See Remarks
- Utility Description: See Remarks
Structural Information
- Architectural Style: See Remarks
- Exterior Const.: Aluminum Siding, Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished, Full, Walk-Out
- Roof: See Remarks
- Year Built: 1970
Unit Information
Unit 1
- Unit Description: Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Kitchen, Living/Dining Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: None
Financial Considerations
- Assessment Amount: $273,500
- Land Assmt: $86,000
- Tax Amount: $7,118
- Tax Year: 2024
Disclosures and Reports
- Block: 4318
- Lot Number: 13
Listed by Access Home Realty
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Price & Sales History for 78 16th Ave
Date
Details
Price
Change
Source
5/20/2026
Listed
$550,000
—
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 78 16th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,118
10%
$139,700
—
2022
$6,485
4%
$139,700
—
2021
$6,253
7%
$139,700
4%
2018
$5,827
5%
$134,700
1%
2017
$5,562
-2%
$133,700
-2%
2019
$5,651
-8%
$136,700
-3%
2016
$6,127
6%
$141,200
—
2015
$5,800
-13%
$141,200
-40%
2013
$6,693
—
$233,900
—
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 78 16th Ave
78 16th Ave, Paterson, NJ 07501 (MLS# 4028990) is a Multi-Family property with 2 units containing 8 bedrooms and 3 full bathrooms. 78 16th Ave is currently listed for $550,000 and was received on May 20, 2026. Want to learn more about 78 16th Ave? 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.

