Two-Unit Residential Income
167 Liberty St Paterson, NJ 07522
New
For Sale
$480,000
MULTI_FAMILY - Paterson City, NJ
Property Size1,677 SF
Lot Size0.06 Acres
Price / SF$286.23
Days on Market2
Property Features for 167 Liberty St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 2, Basement, Bedroom 1, Bathroom 2, Bathroom 1
- Exterior features
- Metal Fence
- Fencing
- Fenced
- Standard status
- Active
- Size
- 1,677 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7383
Utilities
- Sewer type
- Public Sewer
- Heating system
- Steam, Other (Heating)
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency:
EXP REALTY, LLC
(866) 201-6210
Listed By:
HUGO MEZA · License #276489
(866) 201-6210
Added: Jul 24
Last Checked: Jul 25 at 5:06AM
MLS# 4042866
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-unit residential income property is configured as a duplex with two separate units. Each unit includes one bedroom, a living room, a kitchen, and a full bathroom, providing a straightforward layout for owner-occupants or tenants seeking similar unit types.
The property is located at 167 Liberty St in Paterson, New Jersey, in Passaic County. The listed lot size is 0.06 acres, with total property size provided as 1,677 square feet.
Offered for sale, the building’s primary value is centered on its two-family arrangement and consistent unit configuration across both homes.
The property is located at 167 Liberty St in Paterson, New Jersey, in Passaic County. The listed lot size is 0.06 acres, with total property size provided as 1,677 square feet.
Offered for sale, the building’s primary value is centered on its two-family arrangement and consistent unit configuration across both homes.
Key Highlights
- 2‑family property in Paterson, NJ
- Each unit has 1 bedroom, living room, kitchen, and a full bathroom
- Public water and public sewer
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.9k | $25.56 |
| − Vacancy | −$2.8k | −$1.65 |
| EGI | $40.1k | $23.91 |
| − OpEx | −$12.0k | −$7.17 |
| NOI | $28.1k | $16.74 |
1,677 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$401.0K
$350.8K – $467.8K
NOI $28,067 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$368.4K
$322.4K – $429.8K
NOI $25,789 @ 7.0% cap · market cap 5.37%
Theoretical Best
Office A
$437.9K
$383.2K – $510.9K
NOI $30,653 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-family property offers two 1-bedroom units, each with a living room, kitchen, and full bathroom.
Where is this duplex located?
The property is located at 167 Liberty St Paterson, NJ.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: 2‑family property in Paterson, NJ; Each unit has 1 bedroom, living room, kitchen, and a full bathroom; Public water and public sewer
