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About this home
Excellent opportunity to purchase a 2 family in a highly desirable section of Paterson. Fully VACANT with HUGE upside potential. Large back yard. 3 bedrooms on first floor, 2 bedrooms on second floor. HUGE unfinished BASEMENT.
Multi-familyProperty Type
5,740 sq ftLot Size
Listed by Elias Christodoulakis• Prominent Properties Sotheby's International Realty-Westfield
Some nearby schools may not be within this home's attendance zone. Please check the Paterson Public School District website to verify.
Charles J. Riley School 9
Public PreK-8 • 0.1mi
6/10
School 11 (Newcomers)
Public 3-11 • 1.0mi
Dr Hani Awadallah School
Public PreK-8 • 0.5mi
5/10
Provided by GreatSchools
About South
Paterson
South Paterson, located between the Passaic River and Interstate 80, is a residential and commercial Paterson neighborhood with brick rowhouses and busy corner storefronts. The neighborhood’s character concentrates along Main Street near Crooks Avenue, where bakeries, produce markets, and small restaurants keep sidewalks active. Lambert Castle Museum anchors nearby with hilltop views and a sense of Paterson’s industrial-era ambition. Garret Mountain Reservation frames the area with wooded trails and stone overlooks above the city grid. The Great Falls National Historical Park adds a dramatic river landmark and mill-history context a short drive away. Streets read as compact and walkable, with older masonry buildings and a steady rhythm of local errands.
Provided by Walk Score and Local Logic
Market insights
81 George St · $550,000
DAYS ON MARKET
1 days
The average home goes pending in 37 days.
SALE-TO-LIST
104.4%
Most homes are selling 4% above list price.
LIST PRICE
$550,000
Median sale price in this area is $630,432. (15% higher than this home)
PRICE DROP
0 price drops
12% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
11 total rooms
Bathrooms
2 full bathrooms
Laundry & utility
Laundry in basement
Home design
Residential income property
Multi-family
Utilities
Natural gas available and connected
Electricity connected
Electricity and solar
View estimated energy costs and solar savings for this home
The intent of the I-2 Heavy Industrial District is to provide land for more intense types of industrial and manufacturing uses excluding those with nuisance characteristics. While the mapping of this district unavoidably includes some residential buildings, future construction of dwellings in such districts is prohibited in order to protect homes from the adverse effects of industries and to conserve the supply of industrial land for industrial uses. Further, in order to avoid bringing the general public into the district and in order to protect commercial establishments from the adverse effects of industry, most commercial uses are prohibited from the I-2 District.
Permitted uses
Include but are not limited to:
Laundromat
Industrial
Self-Storage / mini-Storage
Warehouse
Infrastructure
Office
Research & development
Public service
Recreation
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 100° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Paterson, NJ • 07503
Average low and high temperatures (°F)
36
23
39
25
56
37
65
46
72
55
83
65
88
70
83
64
79
61
68
49
56
40
41
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.7 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.
8.7 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 81 George St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $453,610 and $655,000.
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $454K to $655K.