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Two-Unit Duplex with Renovated Upper Level
New
For Sale
$499,000

122 Spruce St, Paterson, NJ 07501

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

Property SizeContact for details
Lot Size0.06 Acres
Days on Market4

Property Features for 122 Spruce St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 5, Basement, Bedroom 6, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2
Interior features Fire Extinguisher, Smoke Detector, Vinyl-Linoleum Floors, Wood Floors
Exterior features Sidewalk
Directions maps
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8359

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Baseboard
Water source Public

Building Details

Year built 1940
Floors in Building 2
Number of units 2
Roof type Built-Up
Architectural style Other
Listing Agency: YOUR TOWN REALTY
Listed By: RONNIE GLOMB · License #790072
Added: Aug 20 Last Checked: Aug 23 at 7:06PM
MLS# 4048035

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 two-unit duplex was built in 1940 and sits on a 0.06-acre parcel. The property includes six bedrooms, two bathrooms, a basement, wood and vinyl-linoleum flooring, baseboard and hot-water heating, a built-up roof, and sidewalk access. Public water and public sewer serve the property.

The upper residence was recently renovated and is leased through July 1st, 2027. The lower residence has an established tenant on a month-to-month lease. The property is located on Spruce St in Paterson City, within Passaic County and ZIP Code 07501-2716.

Key Highlights

  • Two‑unit duplex on a 0.06‑acre parcel
  • Six bedrooms, two bathrooms, and a basement
  • Upper residence recently renovated

Property Analytics

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
Multi-tenant
Tenancy

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Upper and lower residences include one recently renovated unit and established occupancy.
Where is this duplex located?
The property is located at 122 Spruce St Paterson, NJ.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two‑unit duplex on a 0.06‑acre parcel; Six bedrooms, two bathrooms, and a basement; Upper residence recently renovated
More about this property
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