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Duplex with Bodega and Driveway
For Sale
$795,000

609 Madison Ave, Paterson, NJ 07514

MULTI_FAMILY - Paterson City, NJ

Lot Size0.06 Acres
Days on Market396

Property Features for 609 Madison Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bedroom 5, Bathroom 1, Bedroom 2, Basement, Bedroom 4, Bathroom 3, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 6, Bedroom 1
Parking 5
Interior features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors, Wood Floors
High school EASTSIDE
Directions BROADWAY TO MADISON AVENUE
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 11270

Utilities

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

Building Details

Year built 1930
Floors in Building 3
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: EXP REALTY, LLC
Listed By: WILFRIDO PENA
Added: Jul 2, 2025 Changed: Jul 31 Last Checked: Aug 1 at 10:06AM
MLS# 3972822

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 duplex at 609 Madison Ave, Paterson, NJ features a mixed-use layout with a first-floor bodega and upstairs residential apartments. The first floor is offered with the inventory included in the sale. The second floor provides three full bedrooms and two full bathrooms, and the third floor offers three bedrooms and one full bathroom. The property also includes a driveway for five cars.

The apartments are described as renovated and well maintained. The building was built in 1930 and has public water and public sewer service. Heating is provided via hot water and baseboard systems, and the roof is shingle. Interior features noted include smoke detectors, carbon monoxide detectors, fire extinguisher, tile floors, and wood floors.

With a compact lot size of 0.06 acres, this is a practical option for an owner looking to combine retail/food-service operation space with multiple residential units under one roof.

Key Highlights

  • First‑floor bodega with inventory included in the sale
  • Second floor: three full bedrooms and two full bathrooms
  • Third floor: three bedrooms and one full bathroom

Property Analytics

Current Use

Nieves Mini Market Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Veterinary Clinic Nursing Home (Bike/Boat/Book/etc) Store Restaurant 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.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,374
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
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex in Paterson with a first-floor bodega and renovated apartment units on the upper floors.
Where is this duplex located?
The property is located at 609 Madison Ave Paterson, NJ.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: First‑floor bodega with inventory included in the sale; Second floor: three full bedrooms and two full bathrooms; Third floor: three bedrooms and one full bathroom
More about this property
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