Three-Unit Triplex with Finished
New
For Sale
$639,000
124 Albion Ave, Paterson, NJ 07502
Multi-Family, 3-Three Story, Paterson City, NJ
Property SizeContact for details
Lot Size0.06 Acres
Days on Market2
Property Features for 124 Albion Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 5, Bedroom 3, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 4, Basement, Bedroom 2
Directions
Use Google Maps
Standard status
Active
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
10131
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Electric (Heating)
Water source
Public
Amenities
backyard
Building Details
Year built
1950
Floors in Building
3
Number of units
3
Roof type
Shingle
Architectural style
Other
Listing Agency:
REALTY ONE GROUP LEGEND
(973) 772-0660
Listed By:
JOHNNY RODRIGUEZ · License #287215
(973) 686-7777
Added: Oct 12
Changed: Oct 13
Last Checked: Oct 13 at 3:06PM
MLS# 4058532
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 three-unit residential property has three living levels, with five bedrooms distributed across the apartments. The first and second floors each contain two bedrooms, a living room, kitchen, and full bathroom; the second floor also has a bonus room. The top floor offers one bedroom, a living room, kitchen, and full bathroom. Finished basement space includes an additional room and full bathroom. The property was built in 1950 and occupies a 0.06-acre lot.
Nearby destinations include shopping, schools, houses of worship, Hinchliffe Stadium, and Paterson Great Falls National Historical Park.
Nearby destinations include shopping, schools, houses of worship, Hinchliffe Stadium, and Paterson Great Falls National Historical Park.
Key Highlights
- Three residential units across three living levels
- Five bedrooms: two each on the first and second floors, and one on the third
- Finished basement with an additional room 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
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Frequently Asked Questions
What type of property is this?
Triplex - Each residential level has its own kitchen and full bathroom, with further 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 units across three living levels; Five bedrooms: two each on the first and second floors, and one on the third; Finished basement with an additional room and full bathroom
