108 E Main St, Paterson, NJ, 07522
About This Home
Massive Investment Opportunity in Paterson! Discover this unique, oversized property at 106-108 East Main Street, offering an incredible footprint and versatile income streams. This side-by-side two-family home features two spacious residential units, each boasting 3 generous bedrooms and 2 full bathrooms. Adding to the value is a prime street-front commercial space, perfect for a small boutique, office, or local business, providing immediate rental potential. The property sits on a rare, oversized lot, offering expansive outdoor space that is hard to find in this area. Investors will also appreciate the full basement, which provides significant additional flex space for storage, workshops, or hobby areas. Whether you are looking for a home or a high-yield addition to your portfolio, the sheer scale and variety of rental options here make this a standout choice. Don't miss out on this high-potential generator!
Getting Around
Very Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1940
Materials
- Roof: Asphalt Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Yes,Finished,Full
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4.1
- Full bathrooms: 4
- 1/2 bathrooms: 1
Features
- Bedrooms,Dining Room,Kitchen,Living Room,Master Bedroom,Storage
Heating
- Heating features: Baseboard - Electric,Natural Gas
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 2508001180000000210000
Lot
- Lot size: 4,791 sqft
- Lot size dimensions: 50 x 100
Parking
- Parking features: None,On Street
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
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
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 | $3,286 | $39,432 |
| Home Insurance * | $314 | $3,768 |
| Property Taxes | $1,224 | $14,688 |
| Electricity | $193 | $2,318 |
| Total | $5,017 | $60,204 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-12 | Price change | $650,000 |
| 2026-03-17 | Price change | $699,000 |
| 2026-03-12 | Listed for sale | $750,000 |
| 2008-11-22 | Listing removed | $151,200 |
| 2008-09-28 | Listed for sale | $151,200 |
For Sale by Agent
View on Zillow