Four-Unit Residential Income
For Sale
$899,999
174 E 16Th St, Paterson, NJ 07524
Well-kept quadplex with four separate apartments, finished basement, and dedicated parking plus separate utilities.
Property SizeContact for details
Days on Market51
Property Features for 174 E 16Th St
General Information
Standard status
Active
Total Parking Spaces
6
Property subtype
Multi-Family Listing
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$17,348
Building Details
Year Built
1950
Listing Agency:
(973) 634-8853
Listed By:
Nicholas Real Estate
(973) 634-8853
Source:
Nicholasrealestate.idxbroker
Added: Jul 3
Changed: Aug 8
Last Checked: Aug 22 at 3:29AM
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 Nicholas Real Estate
Investment Insights
Based on property information with market context.
This for-sale quadplex is a well-kept four-family house offering four separate apartments. Each unit features a living room, an eat-in kitchen, two bedrooms, and one full bathroom. The property also includes a finished basement and 3-car garages, with additional parking available for up to 6 cars.
Located in the Riverside section of Paterson, the property provides an on-site parking setup suitable for tenants and day-to-day convenience. All utilities are listed as separate, which can simplify building management and support unit-level responsibility.
Designed as a straightforward residential income asset, the property offers consistent unit layouts across all four apartments, each with two bedrooms and a full bath. Buyers evaluating a multi-family holding can consider the finished basement area and the combination of attached garage space and additional off-street parking, while separate utilities may help reduce shared operating complexity from a landlord perspective.
Located in the Riverside section of Paterson, the property provides an on-site parking setup suitable for tenants and day-to-day convenience. All utilities are listed as separate, which can simplify building management and support unit-level responsibility.
Designed as a straightforward residential income asset, the property offers consistent unit layouts across all four apartments, each with two bedrooms and a full bath. Buyers evaluating a multi-family holding can consider the finished basement area and the combination of attached garage space and additional off-street parking, while separate utilities may help reduce shared operating complexity from a landlord perspective.
Key Highlights
- Quadplex built in 1950 with 4 separate apartments
- Each apartment features a living room and eat‑in kitchen
- Apartments include 2 bedrooms and 1 full bathroom
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,563
Businesses Nearby
Explore this area
Business Placement
Demographics for 07524, NJ
14,130
Population
4,670
Households
3
Avg Household Size
33
Median Age
13%
College-Educated
73%
High-School Grad
0.8 sq mi
ZIP Area
17,663
Density / Sq Mi
$50,033
Median Household Income
$31,934
Median Earnings
$1,386
Median Rent
$360,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Quadplex - Well-kept quadplex with four separate apartments, finished basement, and dedicated parking plus separate utilities.
Where is this quadplex located?
The property is located at 174 E 16Th St Paterson, NJ.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: Quadplex built in 1950 with 4 separate apartments; Each apartment features a living room and eat‑in kitchen; Apartments include 2 bedrooms and 1 full bathroom
