Search
Duplex with Basement Walkout
For Sale
$549,000
Pending

205-207 E 24Th St, Paterson, NJ 07514

MULTI_FAMILY - Paterson City, NJ

Property SizeContact for details
Lot Size0.11 Acres
Days on Market55

Property Features for 205-207 E 24Th St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Basement
Parking 4
Directions Prime commuter location with quick access to Route 19, I-80, Route 20, and the Garden State Parkway
Standard status Pending
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11854

Utilities

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

Building Details

Year built 1978
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: REALTY ONE GROUP LEGEND
Listed By: APRIL LAZO
Added: Jun 18 Changed: Aug 11 Last Checked: Aug 11 at 3:06PM
MLS# 4035461

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 Paterson duplex at 205-207 E 24Th St (Riverside neighborhood) was built in 1978 and is described as a well-maintained income-producing property. The layout includes a basement with a bonus bedroom and bathroom, with walkout access. Heating is provided by hot water heat and baseboard systems.

The property includes public water and public sewer, and the roof is shingled. The listing notes separate utilities for the units.

Conveniently located near schools, parks, shopping, public transportation, and major highways, the building offers commuter-friendly access for tenants and occupants.

Key Highlights

  • 0.11‑acre lot in Paterson’s Riverside neighborhood
  • Built in 1978 with shingle roofing
  • Basement includes a bonus bedroom and bathroom with walkout access

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Dental Office Hotel & Motel Clothing & Fashion Store Law Firm Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,332
Businesses Nearby

Demographics for 07514, NJ

19,200
Population
6,752
Households
2.8
Avg Household Size
37
Median Age
12%
College-Educated
78%
High-School Grad
0.9 sq mi
ZIP Area
21,333
Density / Sq Mi
$65,492
Median Household Income
$34,962
Median Earnings
$1,472
Median Rent
$314,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Duplex built in 1978 with separate utilities, public water and sewer, and a basement walkout bonus bedroom and bath.
Where is this duplex located?
The property is located at 205-207 E 24Th St Paterson, NJ.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 0.11‑acre lot in Paterson’s Riverside neighborhood; Built in 1978 with shingle roofing; Basement includes a bonus bedroom and bathroom with walkout access
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message