For Sale18d on market
202 Mill St
Paterson, NJ, 07501 • Downtown • Passaic County
$749,900
Down payment assistance available
9Beds
3Baths
0.06 acLot
1940Built
Property DNA
Character Home
Built 1940 · 86 years of history
Enhanced Security
Carbon Monoxide Detector(s) · Smoke Detector(s) · Carbon Monoxide Detector
This home is getting attention
Listed 18 days ago · 619 views · 15 saves
Market activity
Demand and pricing signals for this listing
619 views
People checking out this listing
15 saves
Buyers have saved this home
18 days on market
Recently listed
About this home
Multi Family · Built 1940
Turnkey Renovated 3 years ago - 3-Family - High Yield & Low Maintenance. Rare opportunity to own a fully gut-renovated, income-producing 3-family property in a high-demand location near Downtown Paterson. Stripped to the studs and completely reimagined, this substantial residence offers three spacious units, each featuring a modern 3-bedroom layout designed to attract premium tenants or provide comfortable owner-occupant living. High-end capital improvements include a new roof, new siding, and windows, ensuring minimal deferred maintenance and low operating expenses. Each unit showcases updated kitchens with contemporary cabinetry and durable countertops, alongside fully updated modern baths. Perfectly situated just minutes from shopping, dining, public transportation, and major highways, this property offers an unbeatable combination for commuters and investors alike. Whether you are looking for a stabilized asset or a "live-in-one, rent-the-others" house-hack, this property delivers immediate value and long-term durability. Just turn the key and start collecting.
Standout features identified
Our analysis highlights new siding, fully updated modern baths, and three spacious units as key attractions of this home.
Estimated monthly payment
Based on current rates
$4,700/month
Principal & Interest$3,700
Property Tax$750
Insurance$250
Down payment20% ($149,980)
3%50%
Est. 6.27% rate · 30yr fixed · $599,920 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1940
Heating3 Units, See Remarks, Natural Gas
CoolingSee Remarks
ParkingOn Street
Days on Zillow18 Days
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1940
Stories3
Systems
Heating3 Units, See Remarks, Natural Gas
CoolingSee Remarks
RoofAsphalt Shingle,See Remarks
ConstructionBrick, Vinyl Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingOn Street
BasementYes,Full,Unfinished
Lot2,613 sqft
Location & Tax
NeighborhoodDowntown
Annual tax$5,286
Parcel0805202000000010
Bathrooms & Fees
Full baths3
Features & details
11 categories of property features
Interior Features
Interior
See Remarks
Bedrooms
Eat-in Kitchen
Living Room
Eat-In Kitchen
Appliances
Range/Oven - Gas
See Remarks
Water Heater (See Remarks)
Heating
3 Units
See Remarks
Natural Gas
Cooling
See Remarks
Exterior Features
Exterior
Sidewalk
Parking
On Street
Construction
Brick
Vinyl Siding
Lot Features
Level
Security
Carbon Monoxide Detector(s)
Smoke Detector(s)
Carbon Monoxide Detector
Smoke Detector
Utilities
Electricity Connected
Gas In Street
Natural Gas Connected
Gas
Gas In Street
Gas-Natural
Listing insights
Market data and value estimates
StatusFor Sale
Days on market18
Est. value$766,800
Est. rent$2,220/mo
Tax rate2.28%
On marketMar 23, 2026
PostedMar 23, 2026
MLS statusActive
MLS updatedApr 8, 2026
Tour days9
Views619
Favorites15
How are the schools in Paterson?
2 schools rated nearby
Location
Paterson, NJ, 07501
Price history
1 event
DateEventPrice$/sqftSource
Mar 23, 2026Listed For Sale$749,900—GSMLS
Listed For Sale$749,900
Mar 23, 2026•GSMLS
Tax history
25 years of records
YearTax paidAssessed value
Apr 11, 2025$5,049$99,100
Apr 11, 2024$4,859$99,100
Apr 11, 2023$4,774$99,100
Apr 11, 2022$4,436$99,100
Apr 11, 2021$4,436$99,100
Apr 11, 2020$4,006$99,100
Apr 11, 2019$4,131$96,900
Apr 11, 2018$3,944$95,500
Apr 11, 2017$4,348$94,800
Apr 11, 2016$4,116$100,200
Apr 11, 2015$7,816$100,200
Apr 11, 2014$7,395$269,500
Apr 11, 2013$6,778$269,500
Apr 11, 2012$6,778$269,500
Apr 11, 2011$5,730$269,500
Apr 11, 2010$5,204$269,500
Apr 11, 2009—$269,500
Apr 11, 2008—$269,500
Apr 11, 2007—$269,500
Apr 11, 2006—$9,400
Apr 11, 2005—$9,400
Apr 11, 2004—$9,400
Apr 11, 2003—$9,400
Apr 11, 2002—$9,400
Apr 11, 2001—$9,400
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 real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
No obligation · Same-day response