See Home Value
$378,235*
Multifamily - Off Market

74 Arch St

Paterson City, NJ 07522
bedrooms
7 Beds
bathrooms
3 Baths, 1 Half Bath
$297,000 - $361,000
Reference Base Price*
14.65%
Since Jan 1, 2022
NY-New York
Primary Model

About This Property

The property is a legal 2 family with the first floor consisting of a 3 bed 1 bath unit, approximately 961 square feet, currently rented for $1,500. The second floor is a 4 bed 1 bath duplex unit, approximately 1,423 square feet, currently rented paying $1,650. The property utilities have been separate so the tenants are paying their own heat, hot water, gas and electric. With the current cash flow and expenses an investor can expect an approximately 6.28% return on their money with upside potential in added value to both apartments.
Unit Size
-
Days on Market
-
Land Size
0.06 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$611
HOA Dues
-
Year Built
1900

Price History

Date / Event Date Event Price
Dec 15, 2021 No longer available -
No longer available
Dec 7, 2021 Sold to Malker Milan Pere Mercedes $315,000
Sold to Malker Milan Pere Mercedes
Sep 23, 2021 In contract -
In contract
Aug 10, 2021 Price Decreased $329,900
↓ $5K (1.5%)
Price Decreased
Jul 22, 2021 Price Decreased $334,900
↓ $14K (4%)
Price Decreased
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Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
-
$324,900 Nov 30, -0001
$280,000 Dec 27, 2022
-
Multifamily
Stu
-
-
$349,800 Nov 30, -0001
$348,000 Jan 13, 2022
-
Multifamily
Stu
-
-
$299,000 Nov 30, -0001
$317,000 Dec 30, 2022
-
Multifamily
Stu
-
-
$299,000 Nov 30, -0001
$300,000 Feb 16, 2023
-
Multifamily
Stu
-
-
$299,900 Nov 30, -0001
$335,000 Jan 27, 2023
-
Multifamily
Stu
-
-
$299,999 Nov 30, -0001
$250,000 Feb 3, 2023
-
Multifamily
7 Beds
-
-
$335,000 Apr 19, 2022
-
-
Multifamily
6 Beds
-
-
$339,900 Jan 7, 2023
-
-
Multifamily
8 Beds
-
-
$380,000 Jan 11, 2023
-
-
Multifamily
6 Beds
-
-
$388,900 Jun 22, 2022
-
-
Multifamily
5 Beds
-
-
$325,000 Nov 3, 2022
-
-
In Contract
Multifamily
5 Beds
-
-
$339,000 Feb 1, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210615
06/15/2021
7 Bed
2.5 Bath
-
$349,000
bedrooms
7 Bed
bathrooms
2.5 Bath
$315,000 -9.74%
12/07/2021
ERIC ECKHARDT

Building Info

74 Arch Street 74 Arch Street, Paterson, NJ 07522
More about this Building
74 Arch Street
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About Downtown Paterson


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