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    101 Lafayette St Paterson, NJ 07501

    For Sale
    $625,000

    2 Family - Paterson, NJ

    Days on Market:
    53
    Last Refresh:
    Dec 5 at 7:06 pm

    Property Features for 101 Lafayette St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    2

    Utilities

    Cooling system
    Ductless

    Building Details

    Architectural style
    Other

    Lencioni Real Estate LLC (201) 592-8900 [email protected]

    Listing agent Oscar Nunez-Paz (201) 592-8900

    Listing date Oct 14, 2025

    MLS# 25036813 Listing URL

    Copyright © 2025 New Jersey MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Two-Family Home Near Transit

    This two-family property presents an investment opportunity, featuring a finished attic with a separate entrance and two additional bedrooms. The second floor is fully vacant, and includes a kitchen, living room, two bedrooms, and a full bathroom. The first floor, occupied by a month-to-month tenant, contains two bedrooms and one bathroom. A high-ceiling basement offers potential for future expansion or storage. The home was fully renovated in the early 2020s and includes ductless heating and cooling units in every room. The property is conveniently located near major highways and public transportation, providing easy access to surrounding areas. The property is located in Paterson, New Jersey.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Paterson
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.1613559
    Latitude
    40.9256851

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    FAQs

    What type of property is this?
    Duplex - Two-family home with finished attic and recent renovations near transportation.
    Where is this duplex located?
    The property is located at 101 Lafayette St Paterson, NJ.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: - Nearly Fully Vacant: Ideal for immediate occupancy or rental income optimization.; - Finished Attic with Separate Entrance: Adds valuable living space and rental income potential.; - Ductless Heating and Cooling: Provides efficient, individual climate control in every room.
    (201) 592-8900
    Request Owner's contact information
    101 Lafayette St Paterson, NJ 07501
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    Paterson, NJ 07501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 Lafayette St Paterson, NJ 07501
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