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Duplex with Finished Basement
For Sale
$649,000

495 Totowa Ave, Paterson, NJ 07522

Multi-Family, 3-Three Story, Paterson City, NJ

Property SizeContact for details
Lot Size0.08 Acres
Days on Market45

Property Features for 495 Totowa Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Basement, Bedroom 4, Bedroom 3, Bathroom 1, Bathroom 3, Bedroom 6, Bedroom 5, Bedroom 1, Bedroom 2, Bathroom 2
Parking 4
Interior features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Exterior features Sidewalk
Directions Totowa Ave
Standard status Active
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 12083

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1940
Floors in Building 3
Number of units 2
Roof type Composition
Architectural style Other
Listing Agency: UNITED REAL ESTATE
Listed By: SAMI NAZIR WAZZOUR
Added: Jul 17 Changed: Aug 19 Last Checked: Aug 30 at 8:06PM
MLS# 4041541

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 1940 duplex contains two apartments: one with two bedrooms and one bathroom, and another with four bedrooms and two bathrooms. Both units will be delivered vacant. The property also includes a full finished basement, bonus attic space, and a detached garage. Interior safety features include smoke and carbon monoxide detectors and a fire extinguisher.

The property occupies 0.08 acres and is served by public water and public sewer. A composition roof and sidewalk are also included. The surrounding area provides access to places of worship, shopping, schools, parks, major highways, and public transportation.

Key Highlights

  • Two‑family duplex with 2‑bedroom/1‑bath and 4‑bedroom/2‑bath apartments
  • Both units delivered vacant
  • Full finished basement and bonus attic

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Catering Service Nursing Home (Bike/Boat/Book/etc) Store Restaurant

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

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,810
Businesses Nearby

Demographics for 07522, NJ

23,345
Population
7,440
Households
3.1
Avg Household Size
31
Median Age
10%
College-Educated
77%
High-School Grad
0.9 sq mi
ZIP Area
25,939
Density / Sq Mi
$48,002
Median Household Income
$31,997
Median Earnings
$1,458
Median Rent
$264,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two vacant apartments are supported by a finished basement, bonus attic, and detached garage.
Where is this duplex located?
The property is located at 495 Totowa Ave Paterson, NJ.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Two‑family duplex with 2‑bedroom/1‑bath and 4‑bedroom/2‑bath apartments; Both units delivered vacant; Full finished basement and bonus attic
More about this property
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