331 Straight Street

Paterson, NJ 07501

$990,000
Price
14
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

14 unit mix use residential / commercial rooming house. 100% newly renovated, consisting of 7 rooms with shared 2 full bathrooms, 4 rooms with private bathrooms, 1- 3 bedroom apt and 1 commercial store. Complete make-over exterior and interior all new bathrooms,electric plumbing,heating and much more potential! This is located blocks away from highways, shopping centers and train station. Super lives on site.14 unit mix use residential / commercial rooming house. 100% newly renovated, consisting of 7 rooms with shared 2 full bathrooms, 4 rooms with private bathrooms, 1- 3 bedroom apt and 1 commercial store. Complete make-over exterior and interior all new bathrooms,electric plumbing,heating and much more potential! This is located blocks away from highways, shopping centers and train station. Super lives on site.
  1. Listed by JAZMINE CLAUSEN-SOIR • BHGRE ELITE

Property Details for 331 Straight Street

Directions
331 Straight St, Paterson, NJ, 07501
Days On Market
22
Section/Subdiv/Development
Train Station
LISTING UPDATED: 12/23/2024 07:11 PM

Property Details for 331 Straight Street

StatusActive
MLS #3938912
Days on Market36
Taxes$20,572 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built1930
Lot Size0.04 AC / 1,742 SF
CountyPassaic County

Building Information for 331 Straight Street

Stories-Residences4Year Built1930Building Size-Lot Size0.04 AC / 1,742 SF

Property Information for 331 Straight Street

Summary
Location and General Information
  • Building #: 331
  • Active Days on Market: 22
  • Renovated Year: 2020
  • County #: Passaic
  • Town Name: Paterson City
  • Block Identifier: 6210
  • Listing Type: Exclusive Right to Sell
  • Color of Building: STUCCO
  • Town #: 2508.0
  • Street # Display: 331.0
  • # Parking Spaces: 0
  • County Or Parish: Passaic
  • Street Name: Straight St
  • Zip Code: 07501-1928
  • Total Units: 4
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $20,572
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Assessment Total: 419600.0
  • Tax ID For Property: 2508-06210-0000-00008-0000-
  • Tax Rate Amount: $5
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: See Remarks
  • Garage Description: See Remarks
Property
Lot Information
  • Lot Identifier: 8
  • Approximate Lot Size: 22X81
  • Total Acres: 0.04
  • Construction Date/Year Built: 1930
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 382200.0
  • Assessment Land: 37400.0
Utilities
  • Cooling: See Remarks
  • Utilities: Gas In Street
  • Water: See Remarks
  • Heating: 3 Units
  • Fuel Type: Electric, Gas-Natural
  • Sewer: See Remarks
Interior and Exterior Features
Exterior Features
  • Exterior Description: Stucco
Interior Features
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
  • Roof Description: Flat
  • Basement: Yes
  • Basement Description: Unfinished
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, See Remarks, Smoke Detector
  • Unit 1 Baths: 3.0
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
  • Unit 1 Rent: 2800.0
  • Unit 1 Room Description: Bedrooms
  • Unit 1 Rooms: 6.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 1900.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, See Remarks, Smoke Detector
  • Unit 2 Baths: 2.0
  • Unit 2 Bedrooms: 7
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
  • Unit 2 Rent: 5000.0
  • Unit 2 Room Description: Bedrooms
  • Unit 2 Rooms: 7.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 2100.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, See Remarks, Smoke Detector
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 3
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 3.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
  • Unit 3 Rent: 2200.0
  • Unit 3 Room Description: Bedrooms
  • Unit 3 Rooms: 4.0
  • Unit 3 Security Deposit: 0.0
  • Unit 3 Sq Ft: 900.0
Unit 4 Information
  • Unit 4 Appl/Equip: Carbon Monoxide Detector, See Remarks, Smoke Detector
  • Unit 4 Baths: 0.0
  • Unit 4 Bedrooms: 0
  • Unit 4 Fireplaces: 0.0
  • Unit 4 Handicap Modified: No
  • Unit 4 Levels: 0.0
  • Unit 4 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
  • Unit 4 Rent: 0.0
  • Unit 4 Room Description: Bedrooms
  • Unit 4 Rooms: 0.0
  • Unit 4 Security Deposit: 0.0
  • Unit 4 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $39,647.00
  • Expenses Include: All Utilities, Maintenance, See Remarks, Taxes
  • Net Operating Income: $98,897.00
  • Gross Operating Income: $128,544.00

Property History for 331 Straight Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 331 Straight Street

Taxable ValueLand$37,400Additions$382,200Total$419,600
Tax Record2023$20,573 ($1,714 / month)
Home Facts
Total Finished SqFt4,442 SqFtAbove Grade Finished SqFt4,442 SqFtStories2Lot Size1,782 SqFtStyleMiscellaneous CommercialZoningMUCountyPASSAICAPN08 06210-0000-00008

Schools near 331 Straight Street

This home is within Paterson Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - PK to 3
Public - PK to 5
Public - PK to 5
Rating
School
Distance
Dale Avenue Elementary School
PublicPK to 2

Edward W. Kilpatrick Elementary School
PublicPK to 3

School 15
PublicPK to 5

School 27
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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331 Straight Street is a multi-family home for sale in Paterson, NJ 07501. This property was listed for sale on December 23, 2024 by BHGRE ELITE, it's currently listed at $990,000. It has been on the market for a total of 36 days and was last sold on May 31, 2023. This listing's school district is Paterson Public School District. Nearby schools include Dale Avenue Elementary School, Edward W. Kilpatrick Elementary School and School 15. 331 Straight Street is a 14-bed, 6-bath, multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHGRE ELITE, JAZMINE CLAUSEN-SOIR

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked 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: 01/28/2025 12:53 PM. Source: New Jersey Multiple Listing Service, Inc. © 2025 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 01/28/2025 12:53 PM © 2025 New Jersey Multiple Listing Service Inc. All rights reserved.