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Two-Unit Duplex with Private Driveway
For Sale
$550,000
Pending

116-118 N 1St St Cv, Paterson, NJ 07522

MULTI_FAMILY - Paterson City, NJ

Property SizeContact for details
Lot Size0.08 Acres
Days on Market55

Property Features for 116-118 N 1St St Cv

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 6, Bathroom 1, Bathroom 2, Bedroom 5, Basement, Bedroom 1, Bedroom 3
Parking 2
Patio and Porch features Porch
Exterior features Metal Fence, Open Porch(es)
Fencing Fenced
Lot features Level Lot
Directions Haledon Avenue to N. 1st Street
Standard status Pending
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8781

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1887
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: KELLER WILLIAMS PROSPERITY REALTY · Keller Williams Realty
Listed By: SHAINA A JAGGER
Added: Jun 18 Changed: Aug 3 Last Checked: Aug 11 at 11:06AM
MLS# 4035328

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 two-unit duplex offers a practical owner-occupant setup or rental potential, with two separate homes under one roof. The first-floor unit features three bedrooms and one bathroom. The second-floor unit is a two-level layout with three bedrooms and two bathrooms. The property also includes a basement, and exterior features include open porches and fenced yard elements.

Built in 1887 on a 0.08-acre lot, the home is supported by public water and public sewer. Heating is forced air, and the roof is shingle. A private driveway provides dedicated off-street access for the duplex.

The duplex configuration, combined with the two distinct bedroom/bathroom layouts, is designed to support separate living spaces while keeping day-to-day operations centralized at one address.

Key Highlights

  • First‑floor unit has 3 bedrooms and 1 bathroom
  • Second‑floor unit is two levels with 3 bedrooms and 2 bathrooms
  • Private driveway provides dedicated off‑street access

Property Analytics

Current Use

Duplexes

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,457
Businesses Nearby

Demographics for 07522, NJ

23,345
Population
7,440
Households
3.1
Avg Household Size
31
Median Age
10%
College-Educated
77%
High-School Grad
0.9 sq mi
ZIP Area
25,939
Density / Sq Mi
$48,002
Median Household Income
$31,997
Median Earnings
$1,458
Median Rent
$264,000
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 - Well maintained 2-family duplex built in 1887 with a private driveway, open porches, and forced-air heating.
Where is this duplex located?
The property is located at 116-118 N 1St St Cv Paterson, NJ.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: First‑floor unit has 3 bedrooms and 1 bathroom; Second‑floor unit is two levels with 3 bedrooms and 2 bathrooms; Private driveway provides dedicated off‑street access
More about this property
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