Three-Unit Multifamily
New
For Sale
$639,000
124 Albion Ave, Paterson, NJ 07502
Three residential levels include separate kitchens, living rooms, and full bathrooms, with added finished space below grade.
Property SizeContact for details
Days on Market2
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Property Features for 124 Albion Ave
General Information
Standard status
Active
Property subtype
Multi Family
Units
Unit Mix
2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
3
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$10,131
Amenities
backyard
Building Details
Year Built
1950
Units
3
Listing Agency:
REALTY ONE GROUP LEGEND
Listed By:
JOHNNY RODRIGUEZ · License #287215
(973) 686-7777
Source:
Elliman
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 2:26AM
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 REALTY ONE GROUP LEGEND
Investment Insights
Based on property information with market context.
Built in 1950, this Paterson multifamily property has three residential floors. The first and second floors each contain two bedrooms, a living room, a kitchen, and a full bathroom; the second floor also has a bonus room. The top floor offers one bedroom alongside a living room, kitchen, and full bath. Finished basement space includes another bonus room and a full bathroom, and a backyard adds outdoor area.
Shopping, schools, houses of worship, Hinchliffe Stadium, and Paterson Great Falls National Historical Park are nearby. The property is located at 124 Albion Ave in Paterson, New Jersey.
Shopping, schools, houses of worship, Hinchliffe Stadium, and Paterson Great Falls National Historical Park are nearby. The property is located at 124 Albion Ave in Paterson, New Jersey.
Key Highlights
- Three residential floors with a total of 5 bedrooms
- First and second floors each have 2 bedrooms, a living room, kitchen, and full bathroom
- Top floor includes 1 bedroom, a living room, kitchen, and full bathroom
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,305
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
Frequently Asked Questions
What type of property is this?
Triplex - Three residential levels include separate kitchens, living rooms, and full bathrooms, with added finished space below grade.
Where is this triplex located?
The property is located at 124 Albion Ave Paterson, NJ.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: Three residential floors with a total of 5 bedrooms; First and second floors each have 2 bedrooms, a living room, kitchen, and full bathroom; Top floor includes 1 bedroom, a living room, kitchen, and full bathroom
