Two-Family
For Sale
$525,000
123 Wayne Ave, Paterson, NJ 07502
A 1940-built residential income property in Paterson’s Great Falls neighborhood requires renovation.
Property SizeContact for details
Days on Market25
Property Features for 123 Wayne Ave
General Information
Standard status
Active
Property subtype
Multi Family Home
Property Condition
Severity
Repairs Needed
Evidence
Needs some TLC
Additional Details
Multifamily Units
2
Amenities
Patio
Building Details
Year Built
1940
Units
2
Listing Agency:
Bhhs Jordan Baris Realty
Listed By:
Gloria I. Gibbs
(973) 736-1600
Source:
Culturaunitedrealty
Added: Sep 30
Changed: Oct 23
Last Checked: Oct 23 at 5:30PM
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 Bhhs Jordan Baris Realty
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Investment Insights
Based on property information with market context.
This two-family residential property was built in 1940 and is located in Paterson’s Great Falls neighborhood. The building requires work, making its current condition an important consideration for prospective buyers.
The property is at 123 Wayne Ave in Paterson City, New Jersey.
The property is at 123 Wayne Ave in Paterson City, New Jersey.
Key Highlights
- Two‑family residential property
- Built in 1940
- Located in Paterson’s Great Falls neighborhood
Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
235
Businesses Nearby
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Business Placement
Demographics for 07502, NJ
16,592
Population
4,861
Households
3.4
Avg Household Size
35
Median Age
17%
College-Educated
78%
High-School Grad
0.9 sq mi
ZIP Area
18,436
Density / Sq Mi
$68,649
Median Household Income
$32,407
Median Earnings
$1,492
Median Rent
$347,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A 1940-built residential income property in Paterson’s Great Falls neighborhood requires renovation.
Where is this duplex located?
The property is located at 123 Wayne Ave Paterson, NJ.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two‑family residential property; Built in 1940; Located in Paterson’s Great Falls neighborhood
