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Two-Family Duplex with Bonus Unit
New
For Sale
$549,900

109 Lyon St, Paterson, NJ 07524

Two-family duplex fully remodeled in 2022, with month-to-month occupancy and a bonus unit, plus egress to a patio.

Days on Market3

Property Features for 109 Lyon St

General Information

Standard status Active
Property subtype Multi Family

Building Details

Year Built 1950
Year Renovated 2022
Tenancy Multi
Listing Agency: Realty ONE Group Legend
Listed By: YANET ITURRALDE SANTANA
Source: Elliman
Added: Jul 28 Changed: Jul 30 Last Checked: Jul 30 at 1:32AM

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 Realty ONE Group Legend

Investment Insights

Based on property information with market context.

This two-family duplex with an additional bonus unit was fully remodeled in 2022 and was built in 1950. The property is currently occupied on a month-to-month basis.

The first level offers a spacious 3-bedroom layout with open concept and high ceilings. The second and third floors are configured as a massive townhome-style 4-bed, 2-bath unit. Both units include egress at the back exit with access to the patio.

Convenient access to public transit and major routes to NYC is supported by local mobility metrics, including a BikeScore of 50 and a WalkScore of 75. TransitScore is 35, indicating some transit. Nearby are parks, shopping, dining, houses of worship, and schools.

Key Highlights

  • Fully remodeled in 2022
  • Built in 1950
  • Occupied on a month‑to‑month basis

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Acupuncture Pet Grooming Service Florist Nursing Home

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

Location Intelligence

Trade Area within ½ mile

1,654
Businesses Nearby

Demographics for 07524, NJ

14,130
Population
4,670
Households
3
Avg Household Size
33
Median Age
13%
College-Educated
73%
High-School Grad
0.8 sq mi
ZIP Area
17,663
Density / Sq Mi
$50,033
Median Household Income
$31,934
Median Earnings
$1,386
Median Rent
$360,200
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-family duplex fully remodeled in 2022, with month-to-month occupancy and a bonus unit, plus egress to a patio.
Where is this duplex located?
The property is located at 109 Lyon St Paterson, NJ.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Fully remodeled in 2022; Built in 1950; Occupied on a month‑to‑month basis
More about this property
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