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Remodeled Duplex with Bonus Unit
For Sale
$549,900

109 Lyon St, Paterson, NJ 07524

Multi-Family, 3-Three Story, Paterson City, NJ

Property SizeContact for details
Lot Size0.06 Acres
Days on Market30

Property Features for 109 Lyon St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 7, Bedroom 1, Bathroom 2, Bedroom 5, Basement, Bathroom 3, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 6, Bathroom 1
Directions River to Lyon
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7607

Utilities

Sewer type Public Sewer
Water source Public

Amenities

patio

Building Details

Year built 1950
Floors in Building 3
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: REALTY ONE GROUP LEGEND
Listed By: YANET ITURRALDE SANTANA
Added: Jul 25 Changed: Aug 22 Last Checked: Aug 23 at 3:06PM
MLS# 4043028

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 was remodeled in 2022 and includes two occupied units on a month-to-month basis. The first level contains a three-bedroom layout, while the upper residence spans the second and third floors with four bedrooms and two bathrooms in a townhome-style configuration. Both units feature high ceilings, open-concept interiors, and rear egress leading toward a patio. A bonus unit is also identified in the property information.

The property sits on a 0.06-acre lot and was built in 1950. Public water and public sewer serve the building, which has a shingle roof. Public transportation and major routes toward New York City are accessible, with parks, shopping, dining, houses of worship, and schools located nearby.

Key Highlights

  • Duplex with a bonus unit and two occupied residences
  • Remodeled in 2022; original construction dates to 1950
  • First‑level three‑bedroom unit

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,672
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 occupied residential units offer flexible layouts, public utilities, and access to transit and major routes toward New York City.
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: Duplex with a bonus unit and two occupied residences; Remodeled in 2022; original construction dates to 1950; First‑level three‑bedroom unit
More about this property
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