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Duplex with Finished Basement
New
For Sale
$699,900

128 Redwood Ave, Paterson, NJ 07522

Multi-Family, 2-Two Story, Paterson City, NJ

Property SizeContact for details
Lot Size0.06 Acres
Days on Market4

Property Features for 128 Redwood Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bedroom 4, Bedroom 6, Bathroom 2, Basement, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 5
Parking 10
Directions Union Ave to Redwood
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 12414

Utilities

Heating system Baseboard, Hot Water(Heating)
Water source Public

Building Details

Year built 1940
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: UNITED REAL ESTATE
Listed By: RICARDO VALDIVIESO · License #399047
Added: Sep 24 Last Checked: Sep 27 at 2:06PM
MLS# 4054951

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 property in Paterson has six bedrooms and four bathrooms, along with finished space in both the attic and basement. An extra-wide driveway and paved backyard accommodate parking for multiple vehicles. The home was built in 1940 and sits on a 0.06-acre lot. Heating is provided by baseboard and hot water systems, with public water service and a shingle roof.

Key Highlights

  • Two‑family property with 6 bedrooms and 4 bathrooms
  • Finished attic and basement
  • 0.06‑acre lot with an extra‑wide driveway and paved backyard for multiple‑vehicle parking

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Catering Service Veterinary Clinic Pet Grooming Service Nursing Home (Bike/Boat/Book/etc) Store

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

1,619
Businesses Nearby

Demographics for 07522, NJ

23,345
Population
7,440
Households
3.1
Avg Household Size
31
Median Age
10%
College-Educated
77%
High-School Grad
0.9 sq mi
ZIP Area
25,939
Density / Sq Mi
$48,002
Median Household Income
$31,997
Median Earnings
$1,458
Median Rent
$264,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - The two-family property offers six bedrooms, four bathrooms, and paved outdoor space for vehicle parking.
Where is this duplex located?
The property is located at 128 Redwood Ave Paterson, NJ.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Two‑family property with 6 bedrooms and 4 bathrooms; Finished attic and basement; 0.06‑acre lot with an extra‑wide driveway and paved backyard for multiple‑vehicle parking
More about this property
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