Three-Unit Multifamily
For Sale
$499,000
176 Beech St, Paterson, NJ 07501
Multi-Family, 3-Three Story, Paterson City, NJ
Property Size2,382 SF
Lot Size0.06 Acres
Price / SF$209.49
Days on Market84
Property Features for 176 Beech St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 5, Bedroom 6, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 2, Basement
Directions
21st & 20th Ave.
Standard status
Active
Size
2,382 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
11208
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Baseboard
Water source
Public
Amenities
private backyard
Building Details
Year built
1900
Floors in Building
3
Number of units
3
Roof type
Shingle
Architectural style
Other
Listing Agency:
EXP REALTY, LLC
(866) 201-6210
Listed By:
MORDY ABELESZ · License #17525
(347) 243-7060
Added: Jul 16
Changed: Sep 14
Last Checked: Oct 7 at 3:06AM
MLS# 4041262
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 three-unit multifamily property contains 2,382 square feet on a 0.06-acre lot and was built in 1900. The residences follow a consistent two-bedroom layout: the first includes a living area, kitchen, and direct access to a private backyard, while the other two provide two bedrooms, one bathroom, and open kitchen/living arrangements. Additional features include baseboard and hot-water heating, public water, public sewer, a shingle roof, and a basement.
The property is in Paterson City near Downtown Paterson, shopping, schools, major bus routes, and Paterson Station. Road connections include Route 20, Route 80, and the Garden State Parkway. The three-residence configuration provides a defined multifamily format with varied interior layouts.
The property is in Paterson City near Downtown Paterson, shopping, schools, major bus routes, and Paterson Station. Road connections include Route 20, Route 80, and the Garden State Parkway. The three-residence configuration provides a defined multifamily format with varied interior layouts.
Key Highlights
- Three‑unit multifamily property with 2,382 square feet
- 0.06‑acre lot; built in 1900
- Each residence includes 2 bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,866
Cap Rate
7.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$797,320
$797.3K
Cap Rate 7%
$569,514
$569.5K
Cap Rate 9%
$442,956
$443.0K
Market Conditions
NOI Build-Up for 2,382 SF
Gross rent
$60.9K $25.56/SF
− Vacancy
−$3.9K −$1.65/SF
EGI
$57.0K $23.91/SF
− OpEx
−$17.1K −$7.17/SF
NOI
$39.9K $16.74/SF
Area
Paterson, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$797,320
Cap Rate 7%
$569,514
Cap Rate 9%
$442,956
Alternative Uses
Best Use
Multifamily LT 5
$569.5K
$498.3K – $664.4K
NOI $39,866 @ 7.0% cap · market cap 7.99%
Second Best
Apartment 5plus
$523.3K
$457.9K – $610.5K
NOI $36,630 @ 7.0% cap · market cap 7.34%
Theoretical Best
Office A
$622.0K
$544.2K – $725.7K
NOI $43,539 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,904
Businesses Nearby
Explore this area
Business Placement
Demographics for 07501, NJ
37,918
Population
13,119
Households
2.9
Avg Household Size
33
Median Age
9%
College-Educated
71%
High-School Grad
1.8 sq mi
ZIP Area
21,066
Density / Sq Mi
$40,699
Median Household Income
$32,103
Median Earnings
$1,442
Median Rent
$304,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Three residences provide two-bedroom layouts, with one opening to a private backyard.
Where is this triplex located?
The property is located at 176 Beech St Paterson, NJ.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Three‑unit multifamily property with 2,382 square feet; 0.06‑acre lot; built in 1900; Each residence includes 2 bedrooms
