502 E 40th St, Paterson, NJ 07504
OFF MARKET

502 E 40th St
Paterson, NJ 07504

Eastside Park Historic District
  • 5 Beds
  • 2 Baths
  • 1,596 sqft

$602,200

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $4,270/mo*
Refinance Your Home

$602,200

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $4,270/mo*
Refinance Your Home
5 Beds
2 Baths
1,596 sqft

Home Value

Trulia Estimate
$602K
Since last month
Decreased$6K (-1%)
Since last year
Increased$18K (+3.2%)
Since last sale
Increased$112K (+23%)
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 +38% in the last 10 years
MonthEstimated value
2026
August 2026$601K
July 2026$607K
June 2026$612K
May 2026$599K
April 2026$597K
March 2026$598K
February 2026$588K
January 2026$607K
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
1 Paterson Ave, Elmwood Park, NJ
0.65
Multi-Family Home
$600,000
02/26/26
4
2
1,632
906-910 E 28th St, Paterson, NJ
0.59
Multi-Family Home
$633,000
03/26/26
6
2
1,940
652-654 E 32nd St, Paterson, NJ
0.47
Multi-Family Home
$800,000
12/17/25
4
4
2,080
368-372 E 21st St, Paterson, NJ
0.96
Multi-Family Home
$550,000
01/29/26
4
3
1,608
681-683 E 28th St, Paterson, NJ
0.72
Multi-Family Home
$680,000
09/04/25
7
4
2,491
968-970 E 19th St, Paterson, NJ
1.06
Multi-Family Home
$680,000
11/07/25
5
2
2,959
338 Ellison St #340, Paterson, NJ
1.50
Multi-Family Home
$550,000
02/06/26
7
2
1,657
12 Jan Ct, Elmwood Park, NJ
1.26
Multi-Family Home
$700,000
02/27/26
5
2
2,228
238-240 Vernon Ave, Paterson, NJ
0.78
Multi-Family Home
$650,000
05/19/26
4
2
1,477
1017 E 27th St, Paterson, NJ
0.68
Multi-Family Home
$570,000
07/03/26
3
2
1,228

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
709 20Th Ave, Paterson, NJ 07504
0.04
$404,900
2
1
-
Off Market
495 E 39th St, Paterson, NJ 07504
0.03
-
-
-
-
Off Market
510 E 40th St, Paterson, NJ 07504
0.02
$710,800
Studio
-
-
Off Market
464-466 East 39th St #1, Paterson, NJ 07504
0.08
$541,900
3
2
-
Off Market
459-463 E 39th St, Paterson, NJ 07504
0.09
$591,700
4
1.5
-
Off Market
459 39Th, Paterson, NJ 07504
0.10
$600,900
4
2
-
Off Market
747 20th Ave, Paterson, NJ 07504
0.10
$574,000
4
3
-
Off Market
747-749 20th Ave, Paterson, NJ 07504
0.10
$592,300
4
3
-
Off Market
466 E 38Th St, Paterson, NJ 07504
0.11
$609,500
3
3
-
Off Market
673-675 20th Ave AKA 470 E 38th, Paterson, NJ 07504
0.11
$558,200
3
3
-
Off Market
445-449 E 39th St, Paterson, NJ 07504
0.12
$730,500
6
4.5
-
Off Market
445 E 39Th St #1, Paterson, NJ 07504
0.14
$706,300
6
5
-
Off Market

Local Information

  • Map ViewExplore the area around 502 E 40th St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1940
Living Area
1,596 sqft
Price/Sqft
$377
Parking
Garage

About this House

This multi-family home is located at 502 E 40th St, Paterson, NJ. 502 E 40th St is in the Eastside Park Historic District neighborhood in Paterson, NJ and in ZIP code 07504. This property has 5 bedrooms, 2 bathrooms and approximately 1,596 sqft of floor space. This property has a lot size of 2613 sqft and was built in 1940.
502 E 40th St, Paterson, NJ 07504 is a 5 bedroom, 2 bathroom, 1,596 sqft multi-family in Eastside Park Historic District, built in 1940. It last sold for $489,000 on Sep 20, 2022. It is currently off market. The Trulia Estimate is $602,200, with a rent estimate of $2,430/month.

Home Details for 502 E 40th St

Interior Features

Heating & Cooling
Heating: Forced Air, GasHeating Fuel: Forced Air
Interior Details
Number of Rooms: 8

Exterior Features

Exterior Home Features
Roof: CompositionExterior: Vinyl
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Community

Units in Building: 2

Lot Information

Lot Area: 2613 sqft

Price and Tax history

DateEventPrice
Sep 20, 2022
Source: N/A
Sold
$489,000
Feb 24, 2017
Source: GSMLS #3349745
Sold
$224,000
Feb 23, 2017
Source: Agent Provided
Pending
$224,000
Feb 23, 2017
Source: Agent Provided
PendingToActive
$224,000
Feb 7, 2017
Source: Agent Provided
Pending
$224,000

Market trends in Paterson

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
124
18MoM

Around this home

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Eastside Park Historic District

At least 82 Trulia users voted on each feature.

  • 89 % Say there are sidewalks

  • 78 % Say it's walkable to grocery stores

  • 72 % Say yards are well-kept

  • 71 % Say it's dog friendly

  • 71 % Say car is needed

  • 70 % Say there's holiday spirit

  • 69 % Say streets are well-lit

  • 61 % Say it's walkable to restaurants

  • 60 % Say kids play outside

  • 49 % Say they plan to stay for at least 5 years

  • 48 % Say parking is easy

  • 47 % Say neighbors are friendly

  • 44 % Say people would walk alone at night

  • 42 % Say it's quiet

  • 41 % Say there are community events

  • 37 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Keisha Kay
    "Good place to live some areas are better than some and close to fair lawn . Not a bad place but if you can do better do better"
    0
    Flag
  • Trulia User
    "me and my family lived in this neighborhood for over 20 years never have problems very nice neighbors"
    3
    Flag
  • Trulia User
    "Parades Christmas time all holidays are special in east side park it’s very quiet at night time no loud music "
    0
    Flag
  • Althea C.
    "I live close by and love the historic district. This small area is extremely diverse with different backgrounds and income. Fairly safe, depending where you go. "
    7
    Flag
  • Kyle M. C.
    "very spacious dogs could Rome freely big park to walk through and a bunch of trees and poles for the dogs to mark their territory "
    1
    Flag
  • Alya A.
    "It has a very suburban feel. It does not feel like you are living in Paterson at all. It feels like it’s own little neighborhood."
    29
    Flag
  • Danielle O.
    "Close to Eastside park as well as accessible to major routes. Quiet neighborhood and not too many houses on one block "
    2
    Flag
  • Jmarssilkcity
    "I lived in the area for over 30years it is diverse close to nyc transportation and you get a great deal of house for the money"
    1
    Flag
  • Juan P.
    "unique home many different cultures all in one"
    1
    Flag
  • Fstuva
    "Eastside Park Area of Paterson is great place to live!"
    2
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 502 E 40th St

  • What is 502 E 40th St estimated to be worth?
    Trulia's estimated value for 502 E 40th St in Paterson, NJ is $602,200.
  • What is the price history for 502 E 40th St?
    502 E 40th St in Paterson, NJ last sold for $489,000 in September 2022.
  • 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 Eastside Park Historic District neighborhood?
    Residents describe the Eastside Park Historic District neighborhood in Paterson, NJ as pedestrian-friendly, walkable to grocery stores, and well-kept. See recently sold homes in Eastside Park Historic District, Paterson.

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Apartments for Rent

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Off Market Homes Near 502 E 40th St

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