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71-73 Totowa Ave, Paterson, NJ, 07502

2beds
2baths
--sqft
$199,900
--price/sqft
$1,648/moest. monthly cost
$65,920/yrincome needed

About This Home

Property has sustained extensive fire damage and requires complete reconstruction. Single-family home was two apartments, being sold as a single-family residence. First floor: living room, den, dining room, eat-in kitchen, and full bathroom. Second floor: kitchen, living room, one bedroom, and a full bathroom. 1 Car detached garage. Entry into the home is prohibited due to safety concerns. The property is being sold strictly as is. Cash offers only. Highest and Best Due Friday 7/31/26 by 5pm.

Getting Around

66
WalkingSomewhat Walkable
34
TransitSome Transit
56
BikeBikeable

Schools

2/10
School 7Grades K-50.5 mi
4/10
Joseph A. Taub SchoolGrades 6-80.4 mi
1/10

Construction

Materials

  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Finished

Bedrooms & Bathrooms

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

Heating & Cooling

  • Heating features: Baseboard,Natural Gas,See Remarks
  • Cooling features: None

Property

Details

  • Parcel number: 0801504000000016

Features

  • Pool features: None
  • Has view: Yes
  • View description: None
  • Waterfront features: None

Lot

  • Features: Regular

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
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Cold Wave
Heat Wave
Lightning
Strong Wind
Winter Weather

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 $1,010$12,120
Home Insurance *$69$828
Property Taxes $376$4,512
Electricity $193$2,318
Total$1,648$19,776
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$56,502/yr
40% on housing$49,440/yr
45% on housing$43,946/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

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07502$296
Passaic County$341

vs Homes Sold Last Month

Median $/sqft

ZIP 07502$333
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)

No zestimate history available

Price History

DateEventPrice
2026-08-17Pending sale$199,900
2026-07-29Listed for sale$199,900

For Sale by Agent

AgentJoseph Simone
BrokerageHoward Hanna Rand Realty

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