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    12 Hopper St Paterson, NJ 07522

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    For Sale
    $684,900

    Two-family house in Northside, Paterson with income-generating opportunity.

    Lot size:
    0.06 Acres

    Property Features for 12 Hopper St

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1903

    Source: CROSSROADS REALTY INC Agent JOSEPH RAGNO

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

    Overview

    Multifamily Home with Income Potential

    This multifamily home in Paterson offers three floors of income-generating potential. Located in the Northside, this two-family house features two units. The first floor unit includes two bedrooms and one bathroom. The second and third floor unit features four bedrooms and two bathrooms. Each unit has its own utilities and enjoys convenient access from both the front and rear of the building. Private balconies for each level overlook the back of the property. Recent updates include newer vinyl flooring, a power vent hot water heater system, and windows. The unfinished basement is accessible from the vacant first floor unit. The property is located near Prospect Park, Haledon, the Garden State Parkway, and Routes 4 and 80, making it suitable for commuters to NYC and surrounding areas. This property is suitable for multi-generational living or income generation.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Paterson
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.1721096
    Latitude
    40.930227

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    FAQs

    What type of property is this?
    Duplex - Two-family house in Northside, Paterson with income-generating opportunity.
    Where is this duplex located?
    The property is located at 12 Hopper St Paterson, NJ.
    What is the asking price?
    The asking price for this property is $684,900.
    What are key features of this property?
    This property features: - Income-generating two-family house.; - Two units with separate utilities (2bd/1ba and 4bd/2ba).; - Convenient access from front and rear of building for both units.
    (732) 244-4900
    Request Owner's contact information
    12 Hopper St Paterson, NJ 07522
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    Paterson, NJ 07522
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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
    12 Hopper St Paterson, NJ 07522
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