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Duplex with Finished Attic
New
For Sale
$699,900

128 Redwood Ave, Paterson, NJ 07522

Finished attic and basement space complement a two-unit home with off-street parking and a paved backyard.

Property SizeContact for details
Days on Market2

Property Features for 128 Redwood Ave

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $12,414

Building Details

Year Built 1940
Units 2
Listing Agency: UNITED REAL ESTATE
Listed By: RICARDO VALDIVIESO · License #399047
Source: Elliman
Added: Sep 26 Last Checked: Sep 26 at 2:54PM

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 UNITED REAL ESTATE

Investment Insights

Based on property information with market context.

Built in 1940, this Paterson duplex contains 6 bedrooms and 4 bathrooms across two units. The property also includes finished attic and basement areas, an extra-wide driveway, and a paved backyard with parking for multiple vehicles.

At 128 Redwood Ave, the home has a Walk Score of 80, a Bike Score of 25, and a Transit Score of 56.

Key Highlights

  • Two‑unit property with 6 bedrooms and 4 bathrooms
  • Finished attic and finished basement
  • Extra‑wide driveway and paved backyard accommodate parking for multiple vehicles

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Catering Service Veterinary Clinic Pet Grooming Service Nursing Home (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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,619
Businesses Nearby

Demographics for 07522, NJ

23,345
Population
7,440
Households
3.1
Avg Household Size
31
Median Age
10%
College-Educated
77%
High-School Grad
0.9 sq mi
ZIP Area
25,939
Density / Sq Mi
$48,002
Median Household Income
$31,997
Median Earnings
$1,458
Median Rent
$264,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Finished attic and basement space complement a two-unit home with off-street parking and a paved backyard.
Where is this duplex located?
The property is located at 128 Redwood Ave Paterson, NJ.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Two‑unit property with 6 bedrooms and 4 bathrooms; Finished attic and finished basement; Extra‑wide driveway and paved backyard accommodate parking for multiple vehicles
More about this property
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