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120 Sheridan Ave, Paterson, NJ, 07502

4beds
2baths
0sqft
$599,900
--price/sqft
$4,564/moest. monthly cost
$182,560/yrincome needed

About This Home

NEW TO HILLCREST! 2 HUGE UNITS with 4 parking spaces steps from NYC transit. This fully remodeled home with 2 bedrooms and a family room in each unit with open concept and stunning bathrooms. Close to schools, houses of worship, all major highways and shops, zip around town or walk to the store, or near by eateries. Great layout, location and convenience.

Getting Around

90
WalkingVery Walkable
50
TransitGood Transit
47
BikeSomewhat Bikeable

Schools

5/10
School 19Grades K-40.2 mi
4/10
Joseph A. Taub SchoolGrades 6-80.5 mi

Construction

Condition

  • Year built: 1950

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Notable Dates

  • Major remodel year: 2026

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: See Remarks

Basement

  • Has basement: Yes
  • Basement: Yes,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Bedrooms,Eat-in Kitchen,Family Room,Kitchen,Attic,Den,Eat-In Kitchen

Heating & Cooling

  • Heating features: See Remarks
  • Cooling features: See Remarks

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 2508009070000000380000

Features

  • Levels: 3-Three Story
  • Stories: 3

Lot

  • Lot size: 2,400 sqft
  • Lot size dimensions: 24 x 100 IRRE

Parking

  • Total spaces: 4
  • Parking features: See Remarks
  • Uncovered spaces: 4

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 $3,033$36,396
Home Insurance *$209$2,508
Property Taxes $1,129$13,548
Electricity $193$2,318
Total$4,564$54,768
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$156,480/yr
40% on housing$136,920/yr
45% on housing$121,706/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$287
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)

Price History

DateEventPrice
2026-03-26Listed for sale$599,900
2020-08-11Sold$143,850
2020-03-12Listing removed--
2020-03-04Listed for sale--
2020-01-23Listing removed--
2020-01-09Listed for sale--
2017-03-30Listing removed$109,900
2017-03-03Listed for sale$109,900
2016-12-05Sold$315,330

For Sale by Agent

AgentRuben Serrano
BrokerageRealty One Group Legend

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