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Two-Family Duplex in Move-In Ready Condition
For Sale
$588,777

101-103 Sheridan Ave, Paterson, NJ 07502

MULTI_FAMILY - Paterson City, NJ

Property SizeContact for details
Lot Size0.08 Acres
Days on Market106

Property Features for 101-103 Sheridan Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Basement
Parking 4
Directions off Union Ave
Standard status Active
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7335

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1977
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: REAL
Listed By: REYNIER APARICIO
Added: Apr 28 Changed: Aug 6 Last Checked: Aug 11 at 3:06PM
MLS# 4023716

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-family duplex is offered in good condition and presented as move-in ready. The second floor is currently vacant, which can support immediate occupancy for an owner-occupant or provide rental flexibility. The property includes a fully finished basement that adds usable living space and optional room for additional uses.

The home also includes bonus space in the garage. Built in 1977, the property is served by public water and public sewer. The roof is shingle.

The configuration includes multiple bedrooms and two bathrooms, along with basement space and bedroom/bathroom rooms reflected in the available room list.

Key Highlights

  • Two‑family duplex in good condition, move‑in ready
  • Second floor is vacant for immediate occupancy
  • Fully finished basement adds additional living space

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Catering Service Skin Care Clinic Veterinary Clinic Pet Grooming Service Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,305
Businesses Nearby

Demographics for 07502, NJ

16,592
Population
4,861
Households
3.4
Avg Household Size
35
Median Age
17%
College-Educated
78%
High-School Grad
0.9 sq mi
ZIP Area
18,436
Density / Sq Mi
$68,649
Median Household Income
$32,407
Median Earnings
$1,492
Median Rent
$347,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Move-in ready two-family duplex with a finished basement and a vacant second floor for immediate occupancy.
Where is this duplex located?
The property is located at 101-103 Sheridan Ave Paterson, NJ.
What is the asking price?
The asking price for this property is $588,777.
What are key features of this property?
This property features: Two‑family duplex in good condition, move‑in ready; Second floor is vacant for immediate occupancy; Fully finished basement adds additional living space
More about this property
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