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121 N Main St, Paterson, NJ, 07522

9beds
3baths
29,997sqft
$715,000
$24price/sqft
$8,613/moest. monthly cost
$344,520/yrincome needed

About This Home

Move right into this legal 3-family investment opportunity with low taxes and strong income potential. Whether you're an owner-occupant looking to offset your mortgage with rental income or an investor seeking a solid addition to your portfolio, this property checks the boxes. Renovated within the last 3 years, this turnkey property offers spacious layouts in each unit featuring a living room, kitchen, and 3 bedrooms. Separate utilities provide convenience and efficiency for both owners and tenants. A rare opportunity combining space, updates, and investment value. Property in a flood zone.

Getting Around

77
WalkingVery Walkable
56
TransitGood Transit
49
BikeSomewhat Bikeable

Schools

3/10
School 12Grades K-80.2 mi
1/10
Newcomers High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1862

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven - Gas
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Yes,Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Bedrooms,Eat-in Kitchen,Kitchen,Living Room,Dining Room

Heating

  • Heating features: 3 Units,Forced Air,Natural Gas

Interior Area

  • Total structure area: 29,997
  • Total interior livable area: 29,997 sqft

Property

Details

  • Parcel number: 2508002100000000210000

Features

  • Levels: 3-Three Story
  • Stories: 3

Lot

  • Lot size: 2,178 sqft
  • Lot size dimensions: 22 x 100

Parking

  • Parking features: 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
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Strong Wind
Winter Weather
Cold Wave
Heat Wave

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

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

MonthlyAnnual
Mortgage $3,615$43,380
Home Insurance *$346$4,152
Property Taxes $1,346$16,152
Electricity $3,306$39,680
Total$8,613$103,356
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$295,302/yr
40% on housing$258,390/yr
45% on housing$229,680/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

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.

Insurance Growth Rate5-year average: 10.5%
10.5%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$24This listing

vs Other Active Listings

Avg $/sqft

ZIP 07522$299
Passaic County$342

vs Homes Sold Last Month

Median $/sqft

ZIP 07522$288
Passaic County$345

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

DateEventPrice
2026-05-27Listed for sale$715,000
2024-04-19Sold$580,000
2024-03-01Pending sale$535,000
2024-02-21Listed for sale$535,000
2024-01-09Listing removed--
2023-09-09Listed for rent$2,900
2019-01-12Listing removed$1,450
2018-10-26Listed for rent$1,450
2017-10-20Sold$67,500
2017-07-25Sold$14,000
2017-07-25Listed for sale$65,000
2017-04-28Listing removed$102,989
2017-04-15Listed for sale--
2017-01-15Listing removed$49,000
2016-10-17Listed for sale$75,000
2010-05-11Sold$250,000
2009-02-26Sold$30,000
2008-11-20Listing removed$35,000
2008-11-10Price change$35,000
2008-09-27Price change$45,000
2008-08-20Listed for sale$50,000
2008-08-06Sold$234,904
2006-02-09Sold$280,000
2002-09-09Sold$140,000
1999-04-12Sold$92,000

For Sale by Agent

AgentDomingo Rodriguez
BrokerageExp Realty, Llc

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