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    109 Lyon St Paterson, NJ 07524

    For Sale
    $549,900

    3-Three Story, Multi-Family - Paterson City, NJ

    Lot size:
    0.06 Acres
    Days on Market:
    120
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 109 Lyon St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen
    Bedrooms
    7
    Bathrooms
    3
    Basement Y/N
    1
    Lot size
    0.06 Acres

    Utilities

    Cooling system
    None (Cooling)

    Building Details

    Year built
    1950
    Number of units
    2
    Building materials
    Aluminum Siding, Brick
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Realty ONE Group Legend (973) 686-7777 [email protected]

    Listing agent RUBEN SERRANO (973) 772-0660

    Listing date Aug 8, 2025

    MLS# 3967804 Listing URL

    Copyright © 2025 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.

    Overview

    Remodeled Multi-Family Home with Bonus

    This income-producing two-family home includes a bonus unit and was fully remodeled in 2022. It offers convenient access to public transit and major routes to New York City. The property features high ceilings and an open concept design in both units. The first level contains a spacious three-bedroom unit. The second and third floors house a townhome-style four-bedroom, two-bathroom unit. Both units have egress at the back exit with access to the patio. The property is located minutes away from parks, shopping, dining, houses of worship, and schools. The property is occupied on a month-to-month basis and is located in Paterson City, New Jersey.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Paterson
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.15981
    Latitude
    40.92894

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    FAQs

    What type of property is this?
    Duplex - Income-producing, remodeled multi-family home with bonus unit and convenient location.
    Where is this duplex located?
    The property is located at 109 Lyon St Paterson, NJ.
    What is the asking price?
    The asking price for this property is $549,900.
    What are key features of this property?
    This property features: - Income-producing 2-family home with bonus unit potential.; - Fully remodeled in 2022.; - Convenient access to public transit and major routes to NYC.
    (973) 772-0660
    Request Owner's contact information
    109 Lyon St Paterson, NJ 07524
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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
    109 Lyon St Paterson, NJ 07524
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