174 E 16Th St, Paterson, NJ, 07524
About This Home
WELCOME TO THIS GREAT INVESTMENT OPPORTUNITY TO OWN A 4 FAMILY HOUSE IN THE RIVERSIDE SECTION OF PATERSON. THIS PROPERTY IS WELL KEPT, OFFERS FOUR APARTMENTS W/ LIVING RM, EAT-IN KITCHEN, 2 BEDROOMS & 1 FULL BATHROOM, FINISHED BASEMENT, 3 CAR GARAGES, PLUS PARKING FOR 6 CARS PLUS. ALL UTILITIES ARE SEPARATE. MUST SEE TO APPRECIATE.
Getting Around
Very Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1950
Materials
- Roof: Asphalt Shingle
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range/Oven - Gas
Basement
- Has basement: Yes
- Basement: Yes,Finished,Full
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
Features
- Bedrooms,Eat-in Kitchen,Living Room,Eat-In Kitchen
Heating & Cooling
- Heating features: 4+ Units,Baseboard - Hotwater,Natural Gas
- Cooling features: See Remarks,Window Unit(s)
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 2508021070000000240000
- Exclusions: ALL PERSONAL PROPERTIES
Lot
- Lot size: 6,098 sqft
- Lot size dimensions: 62 x 100
Parking
- Total spaces: 6
- Parking features: Additional Parking,Asphalt,Detached Garage
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
- Uncovered spaces: 6
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Cold Wave
- Heat Wave
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,550 | $54,600 |
| Home Insurance * | $525 | $6,300 |
| Property Taxes | $1,694 | $20,328 |
| Electricity | $193 | $2,318 |
| Total | $6,962 | $83,544 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-19 | Listed for sale | $899,999 |
| 2011-02-05 | Listing removed | $525,000 |
| 2010-07-17 | Listed for sale | $525,000 |
For Sale by Agent
View on Zillow