This 3-bed, 2-bath, 638 sqft home in Paterson sits well below the neighborhood average in size, but the comp data shows similar homes in the area are closing at $370K to $483K, with price per sqft ranging from $295 to $416. With a current valuation around $379K and taxes on the higher end, the property isn’t drastically underpriced but is not a bargain either.
If you're thinking about flipping, you’ll need to boost curb appeal and maybe modernize the interiors to stand out—especially since larger comps are selling for $450K+. For current owners, minor updates and staging could help you fetch a higher price, but a major renovation may not yield a big return given the size gap.