11 Elm St, Paterson, NJ 07501
SOLDJAN 12, 2024

11 Elm St
Paterson, NJ 07501

Downtown
  • 4 Beds
  • 1 Bath
  • 4 Beds
  • 1 Bath

$570,000

Last Sold: Jan 12, 2024
Est. Refi. Payment $4,168/mo*

Homes for Sale Near 11 Elm St

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from January 17, 2024
Incredible Investment Opportunity on Elm Street, Paterson, NJ! Welcome to 9-11 Elm Street, a phenomenal property presenting an unmatched investment potential in the heart of Paterson, New Jersey. This unique listing offers not just a 3-family home on one lot but also a bonus second lot, measuring 25x110 feet. Imagine the possibilities! The existing 3-family home, built in the 1940s, features two one-bedroom apartments and a spacious two-bedroom unit, providing a solid foundation for rental income or a comfortable residence with added financial benefits. What makes this property truly exceptional is the potential for expansion on the adjoining lot. With dimensions of 25x110 feet, this space is perfect for building a new two-family property. Seize the opportunity to maximize your investment returns in this redevelopment zone. It's an ideal chance for those looking to increase their income potential through smart development.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
163 days ago

Home Details for 11 Elm St

Interior Features

Interior Details
Basement: UnfinishedNumber of Rooms: 8
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 1Number of Bathrooms (full): 1
Appliances & Utilities
Utilities: Sep Elec, Sep Gas, Sep HeatLaundry: None
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Gas,Window Unit(s)Has HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Fireplace: NoneNo Fireplace
View
No ViewView: None

Exterior Features

Parking & Garage
No CarportNo GarageNo Attached GarageParking: Park Space
Frontage
Waterfront: NoneNot on Waterfront

Property Information

Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: 3 Family, MixedflrArchitecture: 3 Family,Mixedflr
Building
Construction Materials: Vinyl SidingNot a New Construction
Property Information
Condition: 1940's

Active Status

MLS Status: SOLD

Location

Direction & Address
City: Paterson

Community

Community Features: Close/Parks, Close/School, Near Shopping, Close/Trans, Close/Wrshp

Compensation

Buyer Agency Commission: 3% -250Buyer Agency Commission Type: See Remarks:Sub Agency Commission: 0Transaction Broker Commission: 0
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: 23035278Attribution Contact: (973) 772-0660

Additional Information

Close/ParksClose/SchoolNear ShoppingClose/TransClose/Wrshp
Last check for updates: about 17 hours ago
Listed by Johnny Rodriguez, (973) 390-7319
Realty One Group Legend, Clifton
Bought with: Johnny Rodriguez, Realty One Group Legend, Clifton
Source: NJMLS, MLS#23035278

Price History for 11 Elm St

DatePriceEventSource
01/12/2024$570,000Sold
NJMLS #23035278
12/10/2023$589,000PendingNJMLS #23035278
11/16/2023$589,000Listed For SaleNJMLS #23035278
12/09/1999$112,000Sold
N/A

Property Taxes and Assessment

Year2023
Tax$6,883
Assessment$142,900
Home facts updated by county records

Comparable Sales for 11 Elm St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.07
Multi-Family Home
$395,000
09/29/23
5
2
-
0.45
Multi-Family Home
$528,600
06/29/23
7
3
2,555
0.53
Multi-Family Home
$390,000
08/16/23
4
3
-
0.73
Multi-Family Home
$515,000
12/08/23
4
2
-

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Downtown

  • Trulia User
    "My commute was nice and didn't have to worry bout crime. Everything was clean and well maintained. There are a lot of restaurants, shopping markets, and schools in the areas."
    0
    Flag
  • Al.perez519
    "Drug infested also bad reputation but it does have good restaurants, bars , and other places to hang out "
    0
    Flag
  • Manuela P.
    "nice area nice places to eat and shop around downtown and friendly people around. nice clean streets ."
    10
    Flag
  • Fliiwen530
    "There is plenty of transportation here. The bus run frequently. I have no problem with the transportation"
    3
    Flag
  • Blanca G.
    "Downtown Paterson NJ, restaurants, pharmacy, school, and shopping centers all nearby. Don't even have to use my car."
    0
    Flag

LGBTQ Local Legal Protections

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 2024-02-07 10:04:24 PST Source: New Jersey Multiple Listing, Inc.
© 2024 New Jersey Multiple Listing Service Inc. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 11 Elm St

Off Market Homes Near 11 Elm St

11 Elm St, Paterson, NJ 07501 is a 4 bedroom, 1 bathroom multi-family. 11 Elm St is located in Downtown, Paterson. This property is not currently available for sale. 11 Elm St was last sold on Jan 12, 2024 for $570,000. The current Trulia Estimate for 11 Elm St is $612,800.