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57 Ryle Ave, Paterson, NJ, 07522

3beds
2baths
1,159sqft
$429,000
$370price/sqft
$3,376/moest. monthly cost
$135,040/yrincome needed

About This Home

Exceptional Opportunity for Investors & Owner-Occupants in Paterson! Welcome to 57 Ryle Ave, a charming multi-family property offering the perfect blend of investment potential and owner-occupied flexibility. this well-located legal two-family home features 3 bedrooms and 2 bathrooms, making it an excellent opportunity for buyers looking to generate rental income while building long-term equity.Whether you are an investor seeking strong rental demand or a homeowner looking to offset your mortgage, this property delivers exceptional value. The property also benefits from its convenient location near local amenities, transportation, and major highways, making it highly attractive to tenants and commuters alike. An added bonus is the very low property taxes, helping maximize affordability and overall investment return.Offering endless possibilities to customize, renovate, or maximize returns. Don't miss your chance to secure this versatile multi-family property with both immediate income potential and future appreciation opportunities. Schedule your showing today!

Getting Around

93
WalkingWalker's Paradise
62
TransitGood Transit
43
BikeSomewhat Bikeable

Schools

9/10
School 28Grades PK-80.3 mi
1/10
Newcomers High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1939

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Stucco,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dryer,Microwave,Refrigerator,Washer,Gas Water Heater
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Yes,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

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

Heating

  • Heating features: Baseboard - Hotwater,Natural Gas

Interior Area

  • Total structure area: 1,159
  • Total interior livable area: 1,159 sqft

Property

Details

  • Parcel number: 2508006050000000130000
  • Exclusions: First floor double oven.

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck
  • Fencing: Wood

Lot

  • Lot size: 1,306 sqft
  • Lot size dimensions: 17 x 67

Parking

  • Total spaces: 1
  • Parking features: See Remarks
  • Uncovered spaces: 1

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 $2,169$26,028
Home Insurance *$207$2,484
Property Taxes $807$9,684
Electricity $193$2,318
Total$3,376$40,512
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$115,748/yr
40% on housing$101,280/yr
45% on housing$90,026/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

$370This listing

vs Other Active Listings

Avg $/sqft

ZIP 07522$295
Passaic County$341

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
2026-05-13Listed for sale$429,000
2015-07-30Sold$30,000
2015-06-26Price change$29,857
2015-06-09Price change$39,857
2015-04-01Listed for sale$59,857

For Sale by Agent

AgentJessica Perez
BrokerageWeichert Realtors

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