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Duplex with Finished Attic
New
For Sale
$799,000

116 Keen St, Paterson, NJ 07524

Multi-Family, 2-Two Story, Paterson City, NJ

Property SizeContact for details
Lot Size0.08 Acres
Days on Market5

Property Features for 116 Keen St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 5, Basement, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 2, Bedroom 6, Bathroom 3, Bedroom 7
Parking 2
Patio and Porch features Patio
Exterior features Patio
Directions River St to Keen St
Standard status Active
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10931

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1940
Floors in Building 2
Number of units 2
Roof type Composition
Architectural style Other
Listing Agency: REALTY ONE GROUP LIVING
Listed By: JUAN RIVAS
Added: Sep 23 Last Checked: Sep 27 at 1:06PM
MLS# 4054737

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, built in 1940, contains 7 bedrooms and 3 bathrooms across a two-story residential layout. The property includes a finished attic, a partially finished basement, and a patio. A composition roof serves the building, with public water and public sewer supporting the residence.

The sale also includes the lot at 127 Franklin, which measures 25x100. The primary property is located on Keen St in Paterson City, Passaic County, New Jersey, within ZIP Code 07524-2403. The combined offering provides a residential building together with an additional parcel identified in the property information as having possible subdivision potential.

Key Highlights

  • Duplex with 7 bedrooms and 3 bathrooms
  • Finished attic and partially finished basement
  • Additional lot at 127 Franklin included in the sale

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Pet Grooming Service (Bike/Boat/Book/etc) Store Nursing Home Restaurant Catering Service

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

Location Intelligence

Trade Area within ½ mile

1,835
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
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family residence includes basement space, a patio, public utilities, and an additional lot at 127 Franklin.
Where is this duplex located?
The property is located at 116 Keen St Paterson, NJ.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Duplex with 7 bedrooms and 3 bathrooms; Finished attic and partially finished basement; Additional lot at 127 Franklin included in the sale
More about this property
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