116 Marshall St, Paterson, NJ 07501
Property image
Property image
UNDER CONTRACT

116 Marshall St
Paterson, NJ 07501

Downtown
  • 7 Beds
  • 4 Baths

$625,000

Original price: $675,000
Est. Mortgage $4,473/mo*

$625,000

Original price: $675,000
Est. Mortgage $4,473/mo*
7 Beds
4 Baths

Home Highlights

Listed
180+ days ago

Local Information

  • Map ViewExplore the area around 116 Marshall St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

4 Family, 2 2 family houses on one lot. Great investment property. The front property offers 1 bedroom, 1 bathroom on the first floor and 2 bedrooms, 2 bathrooms on the second floor. The back property offers 2 bedrooms, 2 bathrooms on the first floor and 2 bedrooms and 2 bathrooms on the 2nd floor. Leases are up on March 31st and are on a month to month basis thereafter Separated utilities, 4 gas unit, 4 hot water heater and separated electrical description. On street parking, no laundry on site. Property is being sold "AS IS"

Home Details for 116 Marshall St

Interior Features

Interior Details
Number of Rooms: 12
Beds & Baths
Number of Bedrooms: 7Number of Bathrooms: 4Number of Bathrooms (full): 4
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas Connected, Sep Heat, Water ConnectedLaundry: None
Heating & Cooling
No Heating

Days on Market

Days on Market: 180+

Property Information

Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: 4 FamilyArchitecture: 4 Family

Price & Status

Price
List Price: $625,000

Active Status

MLS Status: Under Contract - Under Contract

Location

Direction & Address
City: Paterson

Agent Information

Listing Agent
Listing ID: 24037548

Offer

Listing Agreement Type: Exclusive Right To Sell

Miscellaneous

Mls Number: 24037548Zillow Contingency Status: Under ContractAttribution Contact: (201) 602-0096
Last check for updates: about 1 hour ago
Listing courtesy of Francis Sullivan, 3rd, (201) 602-0096
Howard Hanna Rand Realty
Source: NJMLS, MLS#24037548
Also Listed on NJMLS.

Market trends in Paterson

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
142
16
MoM

Price History for 116 Marshall St

DatePriceEventSource
08/08/2025$625,000PendingToActiveGSMLS #3935943
12/19/2024$625,000PendingGSMLS #3935943
11/25/2024$625,000PriceChange
NJMLS #24037548
02/20/2024$675,000Listed For SaleNJMLS #24005042
03/14/2022$500,000Sold
GSMLS #3756356
02/04/2022$535,000ContingentNJMLS #21048061
12/18/2021$535,000Listed For SaleGSMLS #3756356
12/18/2021$539,000ListingRemovedNJMLS #21024679
08/05/2021$539,000PriceChange
New Jersey Multiple Listing Service, Inc #21024679
06/19/2021$545,000Listed For SaleNew Jersey Multiple Listing Service, Inc #21024679
06/09/2021ListingRemovedNew Jersey Multiple Listing Service, Inc
03/26/2021$549,000Listed For SaleNew Jersey Multiple Listing Service, Inc #21010808
09/03/2004$345,000Sold
N/A
11/19/2003$120,000Sold
N/A
03/09/1999$79,100Sold
N/A
05/09/1995$144,000Sold
N/A

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Property Tax and Assessment

Year2025
Tax$10,348
Assessment$203,100
Home facts updated by county records

Comparable Sales for 116 Marshall St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.08
Multi-Family Home
$600,000
10/27/25
5
2
-
0.43
Multi-Family Home
$480,000
09/02/25
6
3.5
-
0.37
Multi-Family Home
$490,000
05/08/26
6
2
-
0.45
Multi-Family Home
$693,000
04/06/26
6
3
-
0.42
Multi-Family Home
$780,000
04/17/26
9
4
-
0.59
Multi-Family Home
$690,000
03/19/26
8
4
-
0.63
Multi-Family Home
$575,000
08/21/25
7
3
2,225

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Downtown

At least 88 Trulia users voted on each feature.
  • 77 % Say there are sidewalks

  • 71 % Say there's holiday spirit

  • 70 % Say it's walkable to grocery stores

  • 66 % Say it's walkable to restaurants

  • 62 % Say it's dog friendly

  • 62 % Say kids play outside

  • 61 % Say car is needed

  • 60 % Say yards are well-kept

  • 57 % Say streets are well-lit

  • 43 % Say parking is easy

  • 42 % Say there's wildlife

  • 41 % Say it's quiet

  • 39 % Say people would walk alone at night

  • 39 % Say neighbors are friendly

  • 37 % Say they plan to stay for at least 5 years

  • 36 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • 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."
  • Al.perez519
    "Drug infested also bad reputation but it does have good restaurants, bars , and other places to hang out "
  • Manuela P.
    "nice area nice places to eat and shop around downtown and friendly people around. nice clean streets ."
  • Fliiwen530
    "There is plenty of transportation here. The bus run frequently. I have no problem with the transportation"
  • Blanca G.
    "Downtown Paterson NJ, restaurants, pharmacy, school, and shopping centers all nearby. Don't even have to use my car."

LGBTQ Local Legal Protections

Francis Sullivan, 3rd, Howard Hanna Rand Realty
Agent Phone: (201) 602-0096
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: 2026-07-30 15:02:24 PDT Source: New Jersey Multiple Listing, Inc.
© 2026 New Jersey Multiple Listing Service Inc. All rights reserved.
116 Marshall St, Paterson, NJ 07501 is a 7 bedroom, 4 bathroom multi-family. 116 Marshall St is located in Downtown, Paterson. This property is currently available for sale and was listed by NJMLS on Nov 25, 2024. The MLS # for this home is MLS# 24037548.