For Sale29d on marketHistoric · 126 yrs
550 River St
Paterson, NJ, 07524 • Riverside • Passaic County
$489,000
Down payment assistance available
5Beds
3Baths
0.06 acLot
1900Built
Property DNA
Character Home
Built 1900 · 126 years of history
Outdoor Living
Porch
This home is getting attention
Listed 29 days ago · 854 views · 12 saves
Market activity
Demand and pricing signals for this listing
854 views
People checking out this listing
12 saves
Buyers have saved this home
29 days on market
Recently listed
Selling Soon Prediction
HighThis home ranks in the top 21% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1900 · Historic
Welcome to this well-located multi-family property offering 5 bedrooms and 3 full bathrooms, with a third-floor studio-style as part of the second unit.This flexible layout provides additional living space, offering versatility and strong investment potential. Great opportunity for investors or first time buyers. The first-floor unit features two bedrooms and one full bathroom. The second and third floors are combined into one spacious unit, offering generously sized bedrooms, multiple bathrooms, and ample living space for comfortable everyday living. The basement provides additional storage, and separate utilities add convenience for both units. Enjoy a private backyard, perfect for outdoor relaxation or entertaining.
Standout features identified
Our analysis highlights private backyard, basement provides additional storage, and multiple bathrooms as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,056/month
Principal & Interest$2,404
Property Tax$489
Insurance$163
Down payment20% ($97,800)
3%50%
Est. 6.23% rate · 30yr fixed · $391,200 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1900
HeatingBaseboard - Hotwater, Natural Gas
CoolingWall Unit(s)
ParkingOn Street, None
Days on Zillow29 Days
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1900
Stories3
Systems
HeatingBaseboard - Hotwater, Natural Gas
CoolingWall Unit(s)
RoofAsphalt Shingle
ConstructionVinyl Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingOn Street, None
BasementYes,Unfinished
Lot2,613 sqft
Location & Tax
NeighborhoodRiverside
Annual tax$6,129
Parcel0802907000000014
Bathrooms & Fees
Full baths3
Features & details
10 categories of property features
Interior Features
Interior
Bedrooms
Dining Room
Eat-in Kitchen
Eat-In Kitchen
Ceiling Fan(s)
Appliances
Range/Oven - Gas
Refrigerator
Heating
Baseboard - Hotwater
Natural Gas
Cooling
Wall Unit(s)
Exterior Features
Parking
On Street
None
Construction
Vinyl Siding
Patio & Porch
Porch
Security
Carbon Monoxide Detector(s)
Utilities
Natural Gas Connected
Gas
Gas-Natural
Listing insights
Market data and value estimates
StatusFor Sale
Days on market29
Est. rent$2,061/mo
Tax rate2.28%
On marketMar 12, 2026
PostedMar 12, 2026
Last sold$150,000
MLS statusActive
MLS updatedMar 26, 2026
Tour days9
Views854
Favorites12
How are the schools in Paterson?
2 schools rated nearby
Location
Paterson, NJ, 07524
Price history
12 events
DateEventPrice$/sqftSource
Mar 12, 2026Listed For Sale$489,000—NJMLS
Dec 12, 2019Sold$150,000—Public Record
Aug 16, 2019Sold$150,000—GSMLS
Apr 11, 2019Listing Removed$155,000—Casa Real Properties
Mar 7, 2019Listed For Sale$155,000—Casa Real Properties
Oct 29, 2018Sold$54,900—Public Record
Sep 8, 2017Sold$55,000—GSMLS
Jul 28, 2017Pending Sale$54,900—OPTION 1 REALTY GROUP, LLC
Jun 15, 2017Price Change$54,900—OPTION 1 REALTY GROUP, LLC
Jun 5, 2017Listed For Sale$59,900—OPTION 1 REALTY GROUP, LLC
May 12, 2017Sold$45,364—Public Record
Mar 30, 2017Listed For Sale$69,900—RE/MAX Executive Group
Listed For Sale$489,000
Mar 12, 2026•NJMLS
Sold$150,000
Dec 12, 2019•Public Record
Sold$150,000
Aug 16, 2019•GSMLS
Listing Removed$155,000
Apr 11, 2019•Casa Real Properties
Listed For Sale$155,000
Mar 7, 2019•Casa Real Properties
Sold$54,900
Oct 29, 2018•Public Record
Sold$55,000
Sep 8, 2017•GSMLS
Pending Sale$54,900
Jul 28, 2017•OPTION 1 REALTY GROUP, LLC
Price Change$54,900
Jun 15, 2017•OPTION 1 REALTY GROUP, LLC
Listed For Sale$59,900
Jun 5, 2017•OPTION 1 REALTY GROUP, LLC
Sold$45,364
May 12, 2017•Public Record
Listed For Sale$69,900
Mar 30, 2017•RE/MAX Executive Group
Tax history
19 years of records
YearTax paidAssessed value
Apr 11, 2025$6,129$120,300
Apr 11, 2024$5,898$120,300
Apr 11, 2023$5,795$120,300
Apr 11, 2022$5,385$120,300
Apr 11, 2021$5,385$120,300
Apr 11, 2020$4,866$120,300
Apr 11, 2019$5,018$117,700
Apr 11, 2018$4,796$116,000
Apr 11, 2017$5,194$115,300
Apr 11, 2016$4,917$119,700
Apr 11, 2015$8,474$119,700
Apr 11, 2014$8,018$292,200
Apr 11, 2012$7,349$292,200
Apr 11, 2011$6,212$292,200
Apr 11, 2010$5,642$292,200
Apr 11, 2009—$292,200
Apr 11, 2008—$292,200
Apr 11, 2007—$292,200
Apr 11, 2001—$13,100
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
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