For SaleOpen House2d on marketOpen House
173-175 Preakness Ave
Paterson, NJ, 07502 • Hillcrest • Passaic County
$499,000
Down payment assistance available
2Beds
2Baths
Property DNA
2d on Market
Listed Apr 8, 2026
This home is getting attention
Listed 2 days ago · 393 views · 20 saves
Market activity
Demand and pricing signals for this listing
393 views
People checking out this listing
20 saves
Buyers have saved this home
2 days on market
Just listed — act fast
About this home
Multi Family
Great opportunity to own this two-family home in Paterson, ideal for both owner-occupants and investors. Each unit offers a spacious 1 bedroom and 1 full bathroom, providing comfortable and efficient living spaces. The second-floor unit features two bonus rooms on the 3rd floor perfect for a home office, guest space, or additional storage. The property also boasts plenty of parking, ample storage options, and a convenient location close to shopping, dining, and public transportation. A versatile property with strong income potential in a prime location!
Standout features identified
Our analysis highlights plenty of parking and ample storage options as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,119/month
Principal & Interest$2,453
Property Tax$499
Insurance$166
Down payment20% ($99,800)
3%50%
Est. 6.23% rate · 30yr fixed · $399,200 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Parking6 Parking spaces
Days on Zillow2 Days
Property
Home typeMulti Family
Sub-typeMulti Family
Location & Tax
NeighborhoodHillcrest
Annual tax$9,928
Parcel0801311000000019
Bathrooms & Fees
Full baths2
Features & details
2 categories of property features
Interior Features
Laundry
In Unit
Exterior Features
Utilities
Electricity Connected
Natural Gas Connected
Listing insights
Market data and value estimates
StatusFor Sale
Days on market2
Tax rate2.28%
On marketApr 8, 2026
PostedApr 8, 2026
MLS updatedApr 8, 2026
Tour days9
Views393
Favorites20
How are the schools in Paterson?
3 schools rated nearby
Location
Paterson, NJ, 07502
Price history
1 event
DateEventPrice$/sqftSource
Apr 8, 2026Listed For Sale$499,000—NJMLS
Listed For Sale$499,000
Apr 8, 2026•NJMLS
Tax history
18 years of records
YearTax paidAssessed value
Apr 11, 2025$9,482$186,100
Apr 11, 2024$9,124$186,100
Apr 11, 2023$8,964$186,100
Apr 11, 2022$8,330$186,100
Apr 11, 2021$8,330$186,100
Apr 11, 2020$7,429$186,100
Apr 11, 2019$7,661$179,700
Apr 11, 2018$7,313$177,100
Apr 11, 2017$7,563$175,800
Apr 11, 2016$7,160$174,300
Apr 11, 2015$10,022$174,300
Apr 11, 2014$9,483$345,600
Apr 11, 2012$8,692$345,600
Apr 11, 2011$7,347$345,600
Apr 11, 2010$6,674$345,600
Apr 11, 2009—$345,600
Apr 11, 2008—$345,600
Apr 11, 2007—$345,600
Nearby homes
Neighborhood details
Local context around this listing
Paterson, NJ • Passaic County
Nearby neighborhoods
DowntownEastsideHillcrestNorthsidePeople's ParkRiversideSandy HillSouth PatersonTotowaWrigley Park
Nearby cities
CliftonHawthorneLittle FallsPassaicPatersonRingwoodWanaqueWayne
Nearby zip codes
07501075020750307504075050750907513075140752207524
Similar homes
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 2026-02-06 15:19:29 PST Source: New Jersey Multiple Listing, Inc. © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.
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