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305 Pacific St, Paterson, NJ, 07503

4beds
3baths
19,998sqft
$529,977
$27price/sqft
$6,152/moest. monthly cost
$246,080/yrincome needed

About This Home

VERY SORT AFTER SOUTH PATERSON! Welcome to 305 Pacific! A solid 2-family property offering strong layout, flexibility, and value-add potential. Each unit features 2 bedrooms, living room, dining room, and kitchen, making this a practical option for both owner-occupants and investors. The property also includes a basement with a full bathroom, offering excellent potential for an additional finished space, This home provides the opportunity to live in one unit while collecting rental income from the other, or add it to your investment portfolio. Conveniently located near local shopping, schools, parks, public transportation, and major roadways, this property offers accessibility and long-term rental appeal. Bring your vision and make this multi-family property work for your goals.

Getting Around

91
WalkingWalker's Paradise
50
TransitGood Transit
50
BikeBikeable

Schools

--
School 11 (Newcomers)Grades 3-111.1 mi
5/10
Dr Hani Awadallah SchoolGrades PK-80.2 mi

Construction

Condition

  • Year built: 1940

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven - Gas,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Yes,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Bedrooms,Dining Room,Kitchen,Living Room

Heating

  • Heating features: Baseboard - Hotwater,Natural Gas

Interior Area

  • Total structure area: 19,998
  • Total interior livable area: 19,998 sqft

Property

Details

  • Parcel number: 2508068110000000240000

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 2,613 sqft
  • Lot size dimensions: 25 x 100

Parking

  • Parking features: None

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
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather
Cold Wave
Heat Wave
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 $2,679$32,148
Home Insurance *$271$3,252
Property Taxes $998$11,976
Electricity $2,204$26,453
Total$6,152$73,824
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$210,925/yr
40% on housing$184,560/yr
45% on housing$164,053/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

$27This listing

vs Other Active Listings

Avg $/sqft

ZIP 07503$469
Passaic County$342

vs Homes Sold Last Month

Median $/sqft

ZIP 07503$327
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
2026-08-03Price change$529,977
2026-07-10Listed for sale$577,777
2009-07-07Sold$80,000
2008-08-21Sold$293,042
1999-06-24Sold$180,000

For Sale by Agent

AgentDomingo Rodriguez
BrokerageExp Realty, Llc

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