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Second-Floor Apartment Rental
For Lease
$2,200/Mo

22 Michigan Ave 2, Paterson, NJ 07503

Two-bedroom-plus setup offers a convenient walkable option with owner-paid utilities and on-street parking.

Space SizeContact for details
Days on Market57

Property Features for 22 Michigan Ave 2

General Information

Standard status Active
Property subtype Multi Family
Lease Term 12 months

Building Details

Year Built 1920
Listing Agency:
Listed By: DAVID KELLEY
Source: Elliman
Added: Jun 18 Changed: Aug 8 Last Checked: Aug 12 at 9:05AM

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 DAVID KELLEY

Investment Insights

Based on property information with market context.

This is a second-floor apartment with three bedrooms and includes a living room, eat-in kitchen (EIK), and a bathroom. Cats are permitted. The owner covers heat, hot water, and cooking gas, while the tenant is responsible for electric. The unit also includes on-street parking.

Located in the center of Paterson on Michigan Ave, the apartment is within walking distance of stores, schools, transportation, and a Laundromat. Walk score is listed as 72 (very walkable), with transit score of 46 and bike score of 33 (somewhat bikeable), supporting everyday errands and commuting.

Available for occupancy on 7-1-26, this rental is suited for tenants seeking a residential layout with utilities partially included and a straightforward parking option. Prospective tenants should be prepared to provide a credit check, pay stubs, and tax returns as part of the application process.

Key Highlights

  • 2nd‑floor 3‑bedroom apartment in the center of Paterson
  • LR, EIK, and a bath included
  • Owner pays heat, hot water, and cooking gas; tenant pays electric

Property Analytics

Current Use

Specialty properties

Suggested Use

Top Pick Parking Lot & Garage Acupuncture Nursing Home Florist Veterinary Clinic (Bike/Boat/Book/etc) Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,908
Businesses Nearby

Demographics for 07503, NJ

19,893
Population
6,560
Households
3
Avg Household Size
35
Median Age
15%
College-Educated
78%
High-School Grad
1.5 sq mi
ZIP Area
13,262
Density / Sq Mi
$60,295
Median Household Income
$35,611
Median Earnings
$1,605
Median Rent
$314,900
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Specialty property - Two-bedroom-plus setup offers a convenient walkable option with owner-paid utilities and on-street parking.
Where is this specialty property located?
The property is located at 22 Michigan Ave 2 Paterson, NJ.
What is the lease rate?
The lease rate is $2,200/Mo.
What are key features of this property?
This property features: 2nd‑floor 3‑bedroom apartment in the center of Paterson; LR, EIK, and a bath included; Owner pays heat, hot water, and cooking gas; tenant pays electric
More about this property
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