$684,500
- 7 Beds
- 4 Baths
- 2,148 sqft
56 E 16th St, Paterson, NJ 07524
Est. Refi. Payment $4,848/mo*
Refinance Your HomeCurrently Off Market - Sold May 26, 2021 for $450,000
Home Value
Trulia Estimate
$685KSince last month
Decreased$500 (-0.1%)Since last year
Increased$112K (+19.8%)Since last sale
Increased$230K (+51.2%)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 +179% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $680K |
| July 2026 | $681K |
| June 2026 | $687K |
| May 2026 | $676K |
| April 2026 | $678K |
| March 2026 | $678K |
| February 2026 | $675K |
| January 2026 | $662K |
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 |
|---|---|---|---|---|---|---|---|
0.37 | Multi-Family Home | $485,000 | 02/26/26 | 3 | 3 | 1,496 | |
0.30 | Multi-Family Home | $650,000 | 01/08/26 | 8 | 4 | 1,934 | |
0.92 | Multi-Family Home | $400,000 | 01/02/26 | 8 | 5 | 3,000 | |
0.20 | Multi-Family Home | $610,000 | 01/14/26 | 6 | - | 3,178 | |
0.90 | Multi-Family Home | $700,000 | 11/17/25 | 6 | 2 | 1,882 | |
0.83 | Multi-Family Home | $650,000 | 09/12/25 | 4 | 2 | 1,808 | |
0.51 | Multi-Family Home | $700,000 | 09/12/25 | 7 | 4 | 2,583 | |
1.24 | Multi-Family Home | $520,000 | 12/18/25 | 8 | 3 | 2,161 | |
0.88 | Multi-Family Home | $400,000 | 03/31/26 | 3 | 2 | 1,650 | |
1.16 | Multi-Family Home | $655,000 | 03/02/26 | 7 | 2 | 1,952 |
Home facts updated by county records
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 |
|---|---|---|---|---|---|---|
0.06 | $697,700 | Studio | - | - | Off Market | |
0.02 | $692,100 | Studio | - | - | Off Market | |
0.07 | $492,200 | 3 | 3 | - | Off Market | |
0.06 | $701,500 | Studio | - | - | Off Market | |
0.07 | $716,400 | 10 | 4 | - | Off Market | |
0.04 | $776,200 | Studio | - | - | Off Market | |
0.11 | $445,000 | 3 | 2 | - | Recently Sold | |
0.13 | $405,100 | 2 | 1 | - | Off Market | |
0.12 | $445,000 | 2 | 2 | - | Recently Sold | |
0.11 | $607,100 | Studio | - | - | Off Market | |
0.11 | $915,000 | 12 | 4 | - | Recently Sold | |
0.10 | $590,100 | Studio | - | - | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
2010
Living Area
2,148 sqft
Price/Sqft
$319
About this House
This multi-family home is located at 56 E 16th St, Paterson, NJ. 56 E 16th St is in the Riverside neighborhood in Paterson, NJ and in ZIP code 07524. This property has 7 bedrooms, 4 bathrooms and approximately 2,148 sqft of floor space. This property has a lot size of 2500 sqft and was built in 2010.
56 E 16th St, Paterson, NJ 07524 is a 7 bedroom, 4 bathroom, 2,148 sqft multi-family in Riverside, built in 2010. It last sold for $450,000 on May 26, 2021. More recently, it was listed as a rental in April 2025 with an asking price of $2,800 per month. That rental listing was removed on May 11, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $684,500, with a rent estimate of $2,947/month.
Home Details for 56 E 16th St
|
|---|
Levels, Entrance, & Accessibility Stories: 2 |
|
|---|
Year Built Year Built: 2010 |
Property Type / Style Property Type: Multi Family |
|
|---|
Exterior Home Features Exterior: Wood |
|
|---|
Units in Building: 2 |
|
|---|
Lot Area: 2500 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 11, 2025 Source: GSMLS #3958722 | ListingRemoved | $2,800 |
Apr 24, 2025 Source: GSMLS #3958722 | Listed For Rent | $2,800 |
May 28, 2023 Source: GSMLS #3688295 | ListingRemoved | |
May 26, 2021 Source: GSMLS #3688295 | Sold | $450,000 |
Feb 23, 2021 Source: GSMLS #3688295 | Listed For Sale | $449,900 |
Feb 11, 2021 Source: New Jersey Multiple Listing Service, Inc | ListingRemoved | |
Jan 21, 2021 Source: GSMLS #3688295 | Listed For Sale | $449,900 |
Jun 14, 2010 Source: N/A | Sold | $281,600 |
Mar 6, 2010 Source: Agent Provided | PriceChange | $298,000 Price decreased by 3% |
Feb 14, 2010 Source: Agent Provided | Listed For Sale | $308,000 |
May 27, 2008 Source: N/A | Sold | $95,000 |
Jan 3, 2008 Source: N/A | ListingRemoved | $330,000 |
Aug 2, 2007 Source: N/A | Listed For Sale | $330,000 |
Dec 5, 2006 Source: N/A | Sold | $332,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $10,307 | $202,300 |
Home facts updated by county records
Market trends in Paterson
Last updated July 2026
Avg. sale price
โ
Sale-to-List Price
โ
Price per sq ft
โ
Available listings
124
18MoM
Around this home
What Locals Say about Riverside
At least 265 Trulia users voted on each feature.
86 % Say there are sidewalks
71 % Say it's walkable to grocery stores
67 % Say car is needed
65 % Say yards are well-kept
64 % Say there's holiday spirit
62 % Say it's dog friendly
62 % Say it's walkable to restaurants
58 % Say streets are well-lit
52 % Say kids play outside
44 % Say neighbors are friendly
43 % Say they plan to stay for at least 5 years
42 % Say it's quiet
40 % Say parking is easy
36 % Say there are community events
35 % Say there's wildlife
35 % Say people would walk alone at night
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 56 E 16th St
- What is 56 E 16th St estimated to be worth?Trulia's estimated value for 56 E 16th St in Paterson, NJ is $684,500.
- What is the price history for 56 E 16th St?56 E 16th St in Paterson, NJ last sold for $450,000 in May 2021.
- 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 Riverside neighborhood?Residents describe the Riverside neighborhood in Paterson, NJ as pedestrian-friendly, walkable to grocery stores, and well-kept. See recently sold homes in Riverside, Paterson.