--- title: "78 16th Avenue, Paterson, NJ 07501" description: "78 16th Avenue, Paterson, NJ 07501 — Multi Family Home in Paterson, Paterson, NJ. Listing Price $550000. 3 bed Illustrative Buyer Commission Share of $8,250 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newjersey/paterson/07501/78-16th-avenue-nj-07501" source: "Real Estate Rebate Team" dateModified: "2026-09-08T14:37:52.651Z" status: "ACTIVE" --- # 78 16th Avenue, Paterson, NJ 07501 Multi Family Home in Paterson, Paterson, NJ Courtesy of ACCESS HOMES REALTY Last updated: September 8, 2026, 10:37 AM ## At a Glance - **Listing Price**: $550000 - **Beds**: 3 - **Baths**: 0 - **Monthly Taxes**: $593 / mo - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $550,000 - **Illustrative Buyer Commission Share**: -$8,250* - **Illustrative Net Cost**: $541,750 *Illustrative Buyer Savings of $8,250 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![78 16th Avenue, Paterson, NJ 07501 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5997f56d-0fb1-4a6e-a0f3-4d192da48998.JPG) ![78 16th Avenue, Paterson, NJ 07501 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3ba1eef1-2abd-4c05-a5f1-75f5be25f1d1.JPG) ![78 16th Avenue, Paterson, NJ 07501 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f0d6e053-552f-4461-bcb8-cf5ee68d7492.JPG) ![78 16th Avenue, Paterson, NJ 07501 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9aab0ef5-29d7-41b3-9952-a0c8ac841e2c.JPG) ![78 16th Avenue, Paterson, NJ 07501 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5628d442-aed6-4ed4-ad6b-1bb9c14f3d70.JPG) ![78 16th Avenue, Paterson, NJ 07501 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dad2f146-02da-4eb5-b37a-acf0e60cfdf8.JPG) ![78 16th Avenue, Paterson, NJ 07501 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dc762f2f-14db-4b61-ac68-afb880fd2caa.JPG) ![78 16th Avenue, Paterson, NJ 07501 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5bed53f9-06ad-4da2-8941-57cc6cc79f9e.JPG) ![78 16th Avenue, Paterson, NJ 07501 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4c7525be-32ad-457b-a602-af7e25f7dd2d.JPG) ![78 16th Avenue, Paterson, NJ 07501 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3122d94b-23a8-4fa3-95d7-078a8e9a0e22.JPG) ## Property Overview Excellent opportunity to own this two-family home featuring a classic Colonial-style layout. The first and second floors each offer 3 bedrooms, 1 full bathroom, living room, and kitchen, providing comfortable living space for occupants or tenants. The third floor includes an additional 2 bedroom unit with 1 full bathroom, offering extra living potential. Finished full walk-out basement adds bonus space and versatility. Property features gas heat, radiator heating system, aluminum/vinyl exterior, and window A/C units. Conveniently located near transportation, shopping, schools, and major highways. Great opportunity for owner-occupants or investors seeking strong rental potential. ## Property Details - **Property Type**: 2 Family - **Beds**: 3 - **Monthly Taxes**: $593 / mo - **Listed On**: May 20, 2026 - **Days on Market**: 115 Days ## Estimated Monthly Payment **$3,374 / month**, assuming a 20% down payment ($110,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $2,781 - **Property Taxes**: $593 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Paterson City Explore more real estate and insights about Paterson City. [Explore Paterson City](https://realestaterebatesnewyork.com/neighborhoods/nj/passaic/paterson-city) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ## Related Links - [Paterson City neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/nj/passaic/paterson-city) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.