4-Unit Multifamily
For Sale
Contact for pricing
Pending
116 Marshall Street, Paterson, NJ 07501
Two residential buildings provide separately serviced apartments with month-to-month tenancy and on-street parking.
Property SizeContact for details
Days on Market39
Property Features for 116 Marshall Street
General Information
Standard status
Pending
Property subtype
Multi Family 2-4 Units
Units
Unit Mix
1 x 1BR/1BA, 3 x 2BR/2BA
Multifamily Units
4
Building Details
Year Built
1900
Buildings
2
Listing Agency:
Howard Hanna Rand Realty
(201) 602-0096
Listed By:
Francis Sullivan, 3rd
(201) 602-0096
Source:
Capmarkrealty
Added: Jul 24
Changed: Aug 31
Last Checked: Aug 31 at 1:34AM
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 Howard Hanna Rand Realty
Investment Insights
Based on property information with market context.
This quadplex comprises two residential buildings on one lot. The front structure contains a one-bedroom, one-bathroom apartment on the first floor and a two-bedroom, two-bathroom apartment above. The rear structure includes two-bedroom, two-bathroom apartments on both levels, creating four units in total. Utilities are separated, with four gas units, four hot water heaters, and separate electrical service. The property has no on-site laundry and parking is available on the street.
Current leases expire March 31, after which the units continue on a month-to-month basis. Built in 1900, the property is being offered as-is.
Current leases expire March 31, after which the units continue on a month-to-month basis. Built in 1900, the property is being offered as-is.
Key Highlights
- Four‑unit configuration across two buildings on one lot
- Front building includes 1‑bedroom and 2‑bedroom apartments
- Rear building contains two 2‑bedroom, 2‑bathroom apartments
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
3,276
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Two residential buildings provide separately serviced apartments with month-to-month tenancy and on-street parking.
Where is this quadplex located?
The property is located at 116 Marshall Street Paterson, NJ.
What are key features of this property?
This property features: Four‑unit configuration across two buildings on one lot; Front building includes 1‑bedroom and 2‑bedroom apartments; Rear building contains two 2‑bedroom, 2‑bathroom apartments
