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    238 Vernon Ave Paterson, NJ 07503

    Pending
    For Sale
    $599,000

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

    Lot size:
    0.11 Acres
    Days on Market:
    14
    Last Refresh:
    Dec 14 at 2:06 pm

    Property Features for 238 Vernon Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Living Room
    Bedrooms
    4
    Bathrooms
    2
    Parking
    3
    Parking features
    Driveway
    Basement Y/N
    1
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Hot Water (Heating), Other (Heating), Radiant

    Building Details

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

    Nicholas Real Estate (973) 725-3778 [email protected]

    Listing agent ALEXANDRA CONSTANDINOU (973) 340-1202

    Listing date Dec 1, 2025

    MLS# 3994219 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

    Two-Family Home in Paterson City

    This two-family home is located in a desirable section of Paterson City. The first floor features a living room, a large eat-in kitchen, three bedrooms, and a full bath. The second floor includes a living room, an eat-in kitchen, one bedroom, and a full bath. There are plenty of closets for storage. The basement is finished, providing additional living space. The property also has a large backyard for entertaining and additional parking with a carport for two cars. It is conveniently located close to highways, schools, shopping, and places of worship. The property has solar panels with 20 years remaining at $230 a month and is being sold as is. The lot size is 0.11 acres.
    Location Intelligence

    Current Use by Public Records

    B&D General Contractor ... General Contractor

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Paterson
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.14315
    Latitude
    40.89528

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    FAQs

    What type of property is this?
    Duplex - Two-family home with finished basement and large backyard in Paterson.
    Where is this duplex located?
    The property is located at 238 Vernon Ave Paterson, NJ.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Two-family home in a desirable Paterson location.; - Finished basement provides additional living space.; - Large backyard ideal for entertaining.
    (973) 340-1202
    Request Owner's contact information
    238 Vernon Ave Paterson, NJ 07503
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    Paterson, NJ 07503
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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
    238 Vernon Ave Paterson, NJ 07503
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