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    311 12Th Ave Paterson, NJ 07514

    For Sale
    $550,000

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

    Lot size:
    0.04 Acres
    Days on Market:
    60
    Last Refresh:
    Dec 7 at 6:06 pm

    Property Features for 311 12Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Living Room
    Bedrooms
    7
    Bathrooms
    2
    Parking
    3
    Parking features
    Driveway
    Basement Y/N
    1
    Appliances
    Oven - Gas, Range, Refrigerator
    Lot size
    0.04 Acres

    Utilities

    Heating system
    Baseboard, Forced Air, Hot Water (Heating)
    Cooling system
    Multi Units

    Building Details

    Year built
    1900
    Number of units
    2
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    Real Broker LLC

    Listing agent IVETTELIS CASTRO (855) 450-0442

    Listing date Oct 9, 2025

    MLS# 3978216 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

    Paterson Multi-Family Investment Opportunity

    This multi-family property at 311 12th Ave in Paterson City, NJ, presents an investment opportunity. The property features two units, each over 1,100 square feet. The first floor unit includes 3 bedrooms, while the second floor unit has 4 bedrooms. The property is located near schools, public transportation, and major highways, offering accessibility for tenants. Both units are occupied by long-term tenants. The lot size is 0.04 acres. There is a generous sized driveway in the back of the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    T& S Bar

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Paterson
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.15112
    Latitude
    40.92031

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    FAQs

    What type of property is this?
    Duplex - Multi-family property in Paterson near schools, transportation, and highways.
    Where is this duplex located?
    The property is located at 311 12Th Ave Paterson, NJ.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Excellent investment opportunity with cash flow potential.; - Two spacious units (over 1,100 sq ft each).; - Convenient location near schools, public transportation, and major highways.
    (855) 450-0442
    Request Owner's contact information
    311 12Th Ave Paterson, NJ 07514
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    Paterson, NJ 07514
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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
    311 12Th Ave Paterson, NJ 07514
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