194 Mill St, Paterson, NJ 07501
SOLD
MAY 15, 2026

$500,500

Trulia Estimate
  • Studio

194 Mill St, Paterson, NJ 07501

Downtown
Est. Refi. Payment $3,701/mo*
Refinance Your Home
Currently Off Market - Sold May 15, 2026 for $475,000 (5% below list price)

Home Value

Trulia Estimate
$501K
Since last month
Decreased$600 (-0.1%)
Since last year
Increased$73K (+17%)
Since last sale
Increased$27K (+5.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +337% in the last 10 years
MonthEstimated value
2026
September 2026$502K
August 2026$502K
July 2026$508K
June 2026$478K
May 2026$476K
April 2026$518K
March 2026$413K
February 2026$456K
January 2026$455K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.02
Multi-Family Home
$475,000
10/14/25
-
-
0.08
Multi-Family Home
$680,000
10/24/25
-
-
0.28
Multi-Family Home
$455,000
01/02/26
12
3
-
0.28
Multi-Family Home
$530,000
11/21/25
-
-
0.30
Multi-Family Home
$565,000
06/04/26
-
-
0.15
Multi-Family Home
$750,000
11/10/25
-
-
0.48
Multi-Family Home
$535,000
07/06/26
-
-
0.40
Multi-Family Home
$490,000
05/28/26
-
-

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.02
$773,800
Studio
-
-
Off Market
0.02
$618,400
5
2
-
Off Market
0.01
$741,300
Studio
-
-
Off Market
0.08
$499,900
6
2
1,760
For Sale
0.06
$644,700
Studio
-
-
Off Market
0.08
$756,400
6
4
-
Off Market
0.08
$766,900
6
4
-
Off Market
0.12
$670,700
Studio
-
-
Off Market
0.07
$542,400
6
3
-
Off Market
0.08
$447,800
3
2
-
Off Market
0.08
$701,100
Studio
-
-
Off Market

Local Information

  • Map ViewExplore the area around 194 Mill St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family

About this House

This multi-family home is located at 194 Mill St, Paterson, NJ. 194 Mill St is in the Downtown neighborhood in Paterson, NJ and in ZIP code 07501. This property has a lot size of 1742 sqft.
194 Mill St, Paterson, NJ 07501 is a studio multi-family in Downtown. It last sold for $475,000 on May 15, 2026 (5% below the $499,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $500,500, with a rent estimate of $2,455/month.
Last check for updates: 1 day ago
Listed by Shafikul A. Chowdhury, (973) 720-1111
World Class Group
Bought with: Shafikul A. Chowdhury
Source: GSMLS, MLS#4023821

Home Details for 194 Mill St

Active Status

MLS Status: Closed

Property Information

Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family

Price & Status

Price
List Price: $499,900

Location

Direction & Address
City: Paterson City

Lot Information

Lot Area: 1742.4 sqft

Miscellaneous

Mls Number: 4023821Attribution Contact: 973-720-1111

Price and Tax history

DateEventPrice
May 15, 2026
Source: GSMLS #4023821
Sold
$475,000
May 14, 2026
Source: GSMLS #4023821
Pending
$499,900
Apr 14, 2026
Source: NJMLS #26012788
Listed For Sale
$499,900
Mar 27, 2026
Source: NJMLS #25034865
Sold
$412,500
Dec 30, 2025
Source: NJMLS #25034865
Pending
$450,000

Market trends in Paterson

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
โ€”
Sale-to-List Price
โ€”
Price per sq ft
โ€”
Available listings
135
11
MoM

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

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
Information deemed reliable but not guaranteed. Copyright ยฉ 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

Frequently asked questions about 194 Mill St

  • What is 194 Mill St estimated to be worth?
    Trulia's estimated value for 194 Mill St in Paterson, NJ is $500,500.
  • What is the price history for 194 Mill St?
    194 Mill St in Paterson, NJ last sold for $475,000 in May 2026.
  • Is Paterson a buyer's or seller's market?
    Paterson is currently a seller's market, based on recent for-sale activity.
  • What do residents say about the Downtown neighborhood?
    Residents describe the Downtown neighborhood in Paterson, NJ as pedestrian-friendly, walkable to grocery stores, and walkable to restaurants. See recently sold homes in Downtown, Paterson.

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