Top 8 Most Expensive Home Sales in Paterson Area from May 25 to 31
8 most expensive homes sold in Paterson area, May 25-31
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During the week of May 25-31, the most expensive home sold in the Paterson area was a single-family residence at 233 16th Ave. for $546,500. A total of eight properties sold, with an average price of $336,466, reflecting a diverse range of real estate transactions.
- 01The highest sale was a single-family home at 233 16th Ave. for $546,500.
- 02The average sale price for the eight properties was $336,466.
- 03The second most expensive sale was at 114 Oxford Street for $475,000.
- 04The property at 456 Madison Ave. sold for $310,000, with a living area of 2,642 square feet.
- 05The lowest sale recorded was at 60 Webster Ave. for $141,249.
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In the week of May 25-31, the Paterson area saw a total of eight residential real estate transactions, with an average sale price of $336,466, or $170 per square foot. The most expensive sale was a single-family home located at 233 16th Ave., which sold for $546,500 and has a living area of 2,629 square feet, translating to $208 per square foot. Following closely was a property at 114 Oxford Street, which sold for $475,000. Other notable sales included a $360,000 home at 30 Belle Ave. and two properties at $310,000 each, located at 456 Madison Ave. and 49-63 Hope Street. The lowest sale was a unit at 60 Webster Ave., which sold for $141,249.
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The recent home sales indicate a robust real estate market in Paterson, potentially affecting local property values.
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