Award Winning Parkside Victorian Mansion W/ 6 Fireplaces & Separate Income Producing Carriage House !!!

253 Derrom Ave
Paterson, NJ 07504
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For Sale
$624,900
Est. Payment
$2,608
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updated Oct 1
Property Type Single Family Home
Beds 5
Baths 3.5
Year Built 1904
County Passaic
Listing ID PBG9923
This seller will work with buyer's agents.
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253 Derrom Ave Eastside Park Historic District Paterson NJ View Slideshow
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Property Value: $624,900 • Loan Value: $499,920 • 30 year fixed • Change Assumptions

Highlights

  • 5 bedrooms
  • 3 full bathrooms
  • 1 half bathroom
  • Victorian style construction
  • 3 stories
  • Built in 1904
  • Lot size is 160 x 137 (1/2 Acre)
  • Views of park
  • Standard Gas heating system
  • Central AC cooling system
  • City provided sewer/wastewater
  • Has 6 fireplaces
  • Has an attic
  • Has a basement
  • Recently renovated
  • Has a storage shed
  • Updated kitchen
  • In the Eastside Park Historic District neighborhood
  • Part of the School #20 school district
  • $15,700 estimated taxes (yearly)

Description

1904 Shingle Style Victorian Parkside Mansion in Paterson's best neighborhood, the Eastside Park Historic District. Built directly on Eastside Park by William A. Arnold who owned Paterson Silk & Dye Co. built this home for grand entertaining. This home has recently been meticulously restored by present owners and won the award for Best Restoration from the Victorian Society of New Jersey. The home has 100% brand new Electric, plumbing, heat, and new 3 Zone Central Air! Complete with 6 working wood burning fireplaces and an INCOME PRODUCING 1 Bedroom Carriage House that has Separate Utilities! The first floor, has a front and rear vestibule, huge imposing mahogany paneled foyer, formal Living Room w/ Fireplace, Formal Dining Room w/ Fireplace, Sunporch w/ Fireplace, Breakfast Room and Butlers Pantry, Huge Kitchen w/ Brand New Bosch Stainless Steel Appliances and a Professional 10 burner Garland Stove, and new Granite Counter tops. Large food pantry and mud room. A built in stereo system w/ concert speakers and separate volume controls on the entire first floor. The 2nd Floor has 3 Bedrooms, including a huge Floor Through Master Suite w/ Fireplace ,two HUGE walk-in closets and a full bath. Formal Den & Library w/ Fireplace and two Full Baths. The 3rd Floor has 2 additional bedrooms w/ a new full bath and Gigantic professional Billiard Room w/ Fireplace. Attic space and plenty of storage! Large separate walk out basement. All on a 1/2 acre directly sitting on Eastside Park. Low taxes, and rent of the Carriage House is an extra incentive for low cost living! A rare opportunity to own one of the most sought after homes in Paterson's finest neighborhood. Priced BELOW Market Value!!!
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