Renovated Triplex with Separate
For Sale
$539,000
562 Summer St, Paterson, NJ 07501
MULTI_FAMILY - Paterson City, NJ
Property SizeContact for details
Lot Size0.06 Acres
Days on Market25
Property Features for 562 Summer St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 6, Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 3, Bedroom 1, Bathroom 1, Basement, Bedroom 3
Interior features
Carbon Monoxide Detector, Fire Extinguisher
Directions
20th Ave to Summer St
Standard status
Active
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7207
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1700
Floors in Building
3
Number of units
3
Roof type
Shingle
Architectural style
Other
Listing Agency:
EXP REALTY, LLC
(866) 201-6210
Listed By:
HUGO MEZA · License #276489
(866) 201-6210
Added: Jul 16
Changed: Aug 5
Last Checked: Aug 9 at 8:06AM
MLS# 4041187
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.
562 Summer St, Paterson City, NJ 07501-3433 presents a renovated three-family (triplex) property that was completely gutted and renovated in 2020. The major systems have been updated, including newer electrical, plumbing, roof, furnaces, and hot water heaters.
Each of the three spacious units features two bedrooms, a living room, a kitchen, and a full bathroom. The property is designed for tenant billing flexibility with separate utilities and separate meters, so tenants can pay their own gas, electric, heat, and water expenses. Additional property features include a public water supply and public sewer service, with a shingle roof.
Built in 1700, the interior includes carbon monoxide detectors and a fire extinguisher.
Each of the three spacious units features two bedrooms, a living room, a kitchen, and a full bathroom. The property is designed for tenant billing flexibility with separate utilities and separate meters, so tenants can pay their own gas, electric, heat, and water expenses. Additional property features include a public water supply and public sewer service, with a shingle roof.
Built in 1700, the interior includes carbon monoxide detectors and a fire extinguisher.
Key Highlights
- Completely gutted and renovated in 2020 with newer electrical, plumbing, roof, furnaces, and hot water heaters
- Three units, each with two bedrooms, a living room, a kitchen, and a full bathroom
- Separate utilities and separate meters so tenants pay gas, electric, heat, and water
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
3,566
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex offering three two-bedroom units with separate utilities and meters plus public water and sewer.
Where is this triplex located?
The property is located at 562 Summer St Paterson, NJ.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: Completely gutted and renovated in 2020 with newer electrical, plumbing, roof, furnaces, and hot water heaters; Three units, each with two bedrooms, a living room, a kitchen, and a full bathroom; Separate utilities and separate meters so tenants pay gas, electric, heat, and water
