227 Mill St, Paterson, NJ 07501
OFF MARKET

$701,100

Trulia Estimate
  • Studio

227 Mill St, Paterson, NJ 07501

Downtown
Est. Refi. Payment $5,139/mo*
Refinance Your Home
Currently Off Market - Sold Oct 24, 2025 for $680,000

Home Value

Trulia Estimate
$701K
Since last month
Decreased$1K (-0.2%)
Since last year
Increased$17K (+2.4%)
Since last sale
Increased$24K (+3.5%)
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 +450% in the last 10 years
MonthEstimated value
2026
August 2026$704K
August 2026$702K
July 2026$705K
June 2026$704K
May 2026$704K
March 2026$702K
February 2026$694K
January 2026$696K
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
0.22
Multi-Family Home
$530,000
11/21/25
-
-
0.08
Multi-Family Home
$475,000
05/15/26
-
-
0.10
Multi-Family Home
$475,000
10/14/25
-
-
0.30
Multi-Family Home
$720,000
11/26/25
-
-
0.32
Multi-Family Home
$490,000
05/28/26
-
-
0.38
Multi-Family Home
$565,000
06/04/26
-
-
0.39
Multi-Family Home
$530,000
07/30/26
-
-

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
0.00
$444,800
3
2
-
Off Market
0.05
$542,400
6
3
-
Off Market
0.07
$741,300
Studio
-
-
Off Market
0.08
$475,000
Studio
-
-
Recently Sold
0.09
$618,400
5
2
-
Off Market
0.10
$797,500
Studio
-
-
Off Market
0.11
$651,900
Studio
-
-
Off Market
0.13
$767,100
6
4
-
Off Market
0.13
$768,100
6
4
-
Off Market
0.17
$499,900
6
2
1,760
For Sale
0.20
$668,100
Studio
-
-
Off Market

Local Information

  • Map ViewExplore the area around 227 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 227 Mill St, Paterson, NJ. 227 Mill St is in the Downtown neighborhood in Paterson, NJ and in ZIP code 07501. This property has a lot size of 3049 sqft.
227 Mill St, Paterson, NJ 07501 is a studio multi-family in Downtown. It last sold for the $679,000 asking price on Oct 24, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $701,100, with a rent estimate of $2,037/month.
Last check for updates: about 8 hours ago
Listed by Sherice Ali, (973) 772-0660
Realty One Group Legend
Bought with: Jamill Germosen
Source: GSMLS, MLS#3979358

Home Details for 227 Mill St

Active Status

MLS Status: Closed

Property Information

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

Price & Status

Price
List Price: $679,000

Location

Direction & Address
City: Paterson City

Lot Information

Lot Area: 3049.2 sqft

Miscellaneous

Mls Number: 3979358Attribution Contact: 973-772-0660

Price and Tax history

DateEventPrice
Oct 24, 2025
Source: GSMLS #3979358
Sold
$680,000
Sep 22, 2025
Source: GSMLS #3979358
Pending
$679,000
Aug 4, 2025
Source: GSMLS #3979358
Listed For Sale
$679,000
Apr 3, 2025
Source: GSMLS #3941359
Sold
$425,000
Jan 31, 2025
Source: NJMLS #25001672
Pending
$399,000

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 227 Mill St

  • What is 227 Mill St estimated to be worth?
    Trulia's estimated value for 227 Mill St in Paterson, NJ is $701,100.
  • What is the price history for 227 Mill St?
    227 Mill St in Paterson, NJ last sold for $680,000 in October 2025.
  • 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.

Explore by feature - Pet Friendly

Explore by feature - Garage

Explore by feature - Air Conditioning

Explore by feature - Washer/dryer

Explore by feature - Outdoor Space

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 227 Mill St

Skip to last item
Skip to first item

Homes for sale near 227 Mill St

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item