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Triplex with Two-Bedroom Units
For Sale
$589,000

79 Godwin Ave, Paterson, NJ 07501

MULTI_FAMILY - Paterson City, NJ

Property SizeContact for details
Lot Size0.06 Acres
Days on Market98

Property Features for 79 Godwin Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 6, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 1, Basement, Bathroom 3, Bathroom 2, Bedroom 2
Interior features Fire Extinguisher, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors
Exterior features Metal Fence, Sidewalk
Fencing Fenced
Directions Broadway toward Fair Lawn, Left on Carroll St., then Left on Godwin Ave
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9928

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Amenities

security camera system

Building Details

Year built 1930
Floors in Building 3
Number of units 3
Roof type Shingle
Architectural style Other
Listing Agency: KELLER WILLIAMS TOWNE SQUARE REAL · Keller Williams Realty
Listed By: MILDRED CORREA
Added: May 1 Changed: Aug 1 Last Checked: Aug 6 at 11:06AM
MLS# 4024856

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 well-maintained triplex offers three residential units, each with two bedrooms and one full bath. The property includes separate utilities for each unit, supporting convenient management and efficient operations. Two units are currently occupied, and the third unit is vacant and ready for occupancy or lease-up.

The home was built in 1930 and is served by public water and public sewer. Heating is provided by forced air, and the exterior includes a metal fence and sidewalk. Interior features include tile floors and vinyl-linoleum floors, along with smoke detectors and a fire extinguisher. A security camera system is also included.

The property is being sold strictly as-is.

Key Highlights

  • Three‑family triplex with two bedrooms and one full bath per unit
  • Separate utilities for each unit
  • Two units currently occupied; third unit vacant and ready for occupancy

Property Analytics

Current Use

Triplexes

Suggested Use

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

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,101
Businesses Nearby

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

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

What type of property is this?
Triplex - Well-maintained three-family property with separate utilities and two occupied units, plus one vacant unit ready for occupancy.
Where is this triplex located?
The property is located at 79 Godwin Ave Paterson, NJ.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Three‑family triplex with two bedrooms and one full bath per unit; Separate utilities for each unit; Two units currently occupied; third unit vacant and ready for occupancy
More about this property
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