Two-Unit Duplex with
New
For Sale
$525,000
123 Wayne Ave, Paterson, NJ 07502
Multi-Family, 2-Two Story, Under/Over, Paterson City, NJ
Property SizeContact for details
Lot Size0.06 Acres
Days on Market3
Property Features for 123 Wayne Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 1, Bedroom 3, Basement, Bedroom 4, Bathroom 2, Bedroom 1
Patio and Porch features
Patio
Exterior features
Patio
Elementary school
NUMBER 5
Middle school
NUMBER 16
High school
JFK
Directions
Take Spruce Street towards Wayne Avenue near Totowa Avenue/Union Avenue
Standard status
Active
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9346
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1940
Floors in Building
2
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing Agency:
BHHS JORDAN BARIS REALTY
Listed By:
GLORIA I. GIBBS
(973) 736-1600
Added: Sep 30
Changed: Oct 1
Last Checked: Oct 2 at 6:06PM
MLS# 4056034
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-family property is configured as a duplex, with two stories and an under-over arrangement. The 1940-built residence includes four bedrooms, two bathrooms, a basement, and a patio. Shingle roofing completes the exterior description.
The parcel measures 0.06 acres and is located in Paterson, New Jersey. Public water and public sewer serve the property.
The parcel measures 0.06 acres and is located in Paterson, New Jersey. Public water and public sewer serve the property.
Key Highlights
- Two‑family duplex with two stories in an under‑over layout
- Four bedrooms and two bathrooms
- Basement and patio
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,889
Businesses Nearby
Explore this area
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
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Frequently Asked Questions
What type of property is this?
Duplex - Public water and sewer serve this two-family residential property in Paterson.
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 duplex with two stories in an under‑over layout; Four bedrooms and two bathrooms; Basement and patio
