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    66 Danforth Ave Paterson, NJ 07501

    For Sale
    $729,900

    Spacious 3-family home in West Side/Hillcrest, Paterson.

    Lot size:
    0.11 Acres

    Property Features for 66 Danforth Ave

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1940

    Source: CASA REAL PROPERTY GROUP LLC Agent YESIKA MARCANO

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Paterson Triplex Opportunity

    Located in the West Side/Hillcrest section of Paterson, this well-maintained 3-family home presents an investment opportunity. The first and second floor units each feature 3 bedrooms, a living room and dining room combo, and an enclosed front porch that could serve as additional living space or a bonus bedroom. The third floor unit is a 1-bedroom apartment with a living room, eat-in kitchen, and full bath. The property includes a finished basement offering additional space for storage, recreation, or expansion. A private backyard and a detached garage provide outdoor space and off-street parking. The property is being sold As Is and is located close to schools, parks, public transportation, and major highways. This property offers spacious living, a convenient location, and strong potential for investors or owner-occupants.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Paterson
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.1922001
    Latitude
    40.9073507

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    FAQs

    What type of property is this?
    Triplex - Spacious 3-family home in West Side/Hillcrest, Paterson.
    Where is this triplex located?
    The property is located at 66 Danforth Ave Paterson, NJ.
    What is the asking price?
    The asking price for this property is $729,900.
    What are key features of this property?
    This property features: - Great Income Potential from 3 Units; - Desirable West Side/Hillcrest Location; - Spacious Layout in First & Second Floor Units (3 bedrooms each)
    (973) 684-1110
    Request Owner's contact information
    66 Danforth Ave Paterson, NJ 07501
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    Paterson, NJ 07501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    66 Danforth Ave Paterson, NJ 07501
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