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105 Lyon St, Paterson, NJ, 07524

6beds
3baths
2,240sqft
$620,000
$277price/sqft
$4,910/moest. monthly cost
$196,400/yrincome needed

About This Home

INVESTMENT PROPERTY Fully rented 2 Family.Offers Living Rm, Dining Rm, Eat in kitchen, 2 bedrooms & bath on first floor. Second aptment consists of 2nd & 3rd floors which include 1 bedroom livingroom, bathroom Separate utilities.

Getting Around

83
WalkingVery Walkable
38
TransitSome Transit
47
BikeSomewhat Bikeable

Schools

2/10
School 10Grades K-80.1 mi
5/10

Construction

Condition

  • Year built: 1940

Type & Style

  • Home type: MultiFamily

Interior

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Interior Area

  • Total interior livable area: 2,240 sqft

Property

Details

  • Parcel number: 0802910000000004

Features

  • Exterior features: Wood

Lot

  • Lot size: 2,500 sqft

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

  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather
Cold Wave
Heat Wave
Inland Flooding
Lightning

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 $3,135$37,620
Home Insurance *$362$4,344
Property Taxes $1,167$14,004
Electricity $246$2,963
Total$4,910$58,920
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$168,342/yr
40% on housing$147,300/yr
45% on housing$130,933/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

$277This listing

vs Other Active Listings

Avg $/sqft

ZIP 07524$305
Passaic County$341

vs Homes Sold Last Month

Median $/sqft

ZIP 07524$376
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
2026-06-04Listed for sale$620,000
2023-12-16Listing removed--
2023-11-10Price change$539,000
2023-08-16Listed for sale$549,000
2022-10-03Sold$315,000
2017-03-31Sold$135,000
2012-04-04Sold$106,200
2010-12-01Listing removed$179,000
2010-10-08Price change$179,000
2010-07-29Listed for sale$259,000
2006-07-25Sold$224,950
2004-12-29Sold$330,000
2002-08-27Sold$200,000
2002-07-16Sold$165,000
1999-03-03Sold$90,000

For Sale by Owner

AgentProperty Owner

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