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Photo 1 of 3 — 125 Governor St, Paterson City, NJ 07501
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125 Governor St, Paterson City, NJ 07501

Passaic County

Key Facts

7Beds
2Baths
1945Year Built
0.06Lot (acres)
2Stories

Description

Don't miss this fantastic opportunity to own a well maintained two family home in the heart of Paterson. Whether you're an owner-occupant looking to offset your mortgage or an investor seeking a solid addition to your portfolio, this property offers exceptional value, priced to sell.

Property Information

Property Type

Residential Income

Sub-Type

Multi Family

Style

2-Two Story

Year Built

1945

Stories

2

Lot Size

0.06 acres

Days on Market

1

MLS® Listing#

4040333

Property Features

Cooling:
Window Unit(s)
Heating:
Forced Air, Natural Gas
Basement:
Unfinished
Construction:
Aluminum Siding
Roof:
Asphalt
Utilities:
Natural Gas Available
Sewer:
Public Sewer
Water Source:
Public

HOA & Tax

Annual Tax:
$7,084 (2025)
Assessed Value:
$357,000
Parcel #:
2508-03113-0000-00004-0000-

Directions

Google Maps

Affordability Calculator

$75,980

Estimated monthly payment

$2,022/mo

Principal $303,920 · Est. interest $423,995 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Paterson City, NJ

$617,111
Median Listing Price
49
Median Days on Market
1,372
Median Sq Ft
$425
Median Price / Sq Ft
3,190
Active Listings
  • This home’s price is 38% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Paterson City, NJ.

Location

  • 125 Governor St, Paterson City, NJ 07501

Nearby Schools

  • Paterson Public School

    Elementary · 0.2 mi away

  • PPS

    School · 0.2 mi away

  • Edward W. Kilpatrick

    Elementary · 0.3 mi away

  • The Official Paterson Public School # 10

    School · 0.4 mi away

  • Norman S Weir Public School

    Elementary · 0.4 mi away

  • Alexander Hamilton Academy

    School · 0.5 mi away

  • School 28

    Elementary · 0.5 mi away

  • Paterson Public Schools

    School · 0.5 mi away

  • Boys & Girls Club

    School · 0.5 mi away

  • Number 4 Elementary School

    Elementary · 0.5 mi away

  • Silk City 2000 Adult School

    School · 0.5 mi away

  • Panther Academy

    School · 0.5 mi away

  • Al Huda School

    School · 0.5 mi away

  • Paterson Pre-Collegiate Academy

    Secondary · 0.5 mi away

  • Our Lady of Lourdes

    School · 0.5 mi away

  • Harp Academy

    School · 0.6 mi away

  • Eastside High School

    Secondary · 0.6 mi away

  • Number 11 Elementary School

    Elementary · 0.6 mi away

  • Eastside High School

    Secondary · 0.6 mi away

  • Academy of Performing Arts

    School · 0.6 mi away

Commute Calculator

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Moving Cost Estimate

EXIT Agents in Paterson City

Listing Courtesy: REALTY ONE GROUP LEGEND - 9737720660

The data displayed relating to real estate for sale 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. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Notice: The dissemination of listings displayed herein 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. Information deemed reliable but not guaranteed. Copyright ©2026 Garden State Multiple Listing Service, L.L.C. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by GardenStateMLS. MLS® Listing#4040333. © 2026EXIT Realty®. All rights reserved.