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Duplex with Finished Basement and Attic
For Sale
$635,000

1028 Madison Avenue, Paterson, NJ 07501

Two-family residence with separate utilities, finished lower-level and attic space, and access to nearby transportation.

Property SizeContact for details
Days on Market36

Property Features for 1028 Madison Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $9,533

Building Details

Buildings 1
Listing Agency: Casa Real Property Group LLC
Listed By: Nancy Pavic · License #242229
Source: Tarvinrealtors
Added: Aug 28 Changed: Sep 30 Last Checked: Oct 1 at 6:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Casa Real Property Group LLC

Investment Insights

Based on property information with market context.

This duplex is configured as a two-family residence and includes both a finished basement and a finished attic. Separate utilities serve the property, supporting distinct household arrangements within the building. The property is being offered in AS-IS condition.

Located on Madison Avenue in Paterson, the residence is near major highways and public transportation. Its setting provides access to regional roadways and transit options for occupants who commute.

Key Highlights

  • Two‑family duplex configuration
  • Finished basement and attic
  • Separate utilities for each unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Veterinary Clinic Nursing Home Pet Grooming Service Carpet & Flooring Store

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,386
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Two-family residence with separate utilities, finished lower-level and attic space, and access to nearby transportation.
Where is this duplex located?
The property is located at 1028 Madison Avenue Paterson, NJ.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: Two‑family duplex configuration; Finished basement and attic; Separate utilities for each unit
More about this property
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