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Duplex with Finished Attic
New
For Sale
$529,000

120 Spruce St, Paterson, NJ 07501

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

Property SizeContact for details
Lot Size0.06 Acres
Days on Market1

Property Features for 120 Spruce St

General Information

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

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8061

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1951
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: EXP REALTY, LLC
Listed By: HUGO MEZA · License #276489
Added: Sep 15 Last Checked: Sep 15 at 2:06PM
MLS# 4052813

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.

Built in 1951, this duplex contains two residential units, each arranged with three bedrooms, a living room, and an eat-in kitchen. Additional finished space extends the property’s functionality: the attic includes two rooms and a full bathroom, while the partially finished basement adds another room and bathroom. The home sits on a 0.06-acre lot and has a shingle roof, public water, and public sewer.

The property is located at 120 Spruce St in Paterson City, near Downtown Paterson and within quick reach of Routes 80 and 19. Shopping, restaurants, public transportation, major highways, and downtown amenities are also identified in the surrounding area.

Key Highlights

  • Two‑unit duplex with 3 bedrooms in each unit
  • Finished attic includes 2 rooms and a full bathroom
  • Partially finished basement adds 1 room and 1 bathroom

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Veterinary Clinic Catering Service Skin Care Clinic Nursing Home Garden Center

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,341
Businesses Nearby

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
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 residential units offer three-bedroom layouts, supplemental finished areas, and access to Downtown Paterson and major routes.
Where is this duplex located?
The property is located at 120 Spruce St Paterson, NJ.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: Two‑unit duplex with 3 bedrooms in each unit; Finished attic includes 2 rooms and a full bathroom; Partially finished basement adds 1 room and 1 bathroom
More about this property
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