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Three-Family Property with Rental Income
For Sale
$649,000

129 Godwin Avenue, Paterson, NJ 07501

Three residential units offer separate living, kitchen, and full-bath areas in a well-maintained multifamily configuration.

Property SizeContact for details
Days on Market251

Property Features for 129 Godwin Avenue

General Information

Standard status Active
Property subtype Multi Family / 3-Three Story

Taxes and HOA fees

Annual Taxes $8,019

Amenities

Yes
No
Asphalt Shingle
Unfinished
Vinyl Siding

Building Details

Year Built 9999
Listing Agency: ESSENTIAL REAL ESTATE
Listed By: JUAQUANNA GAINES · License #295721
Source: Compass
Added: Dec 24, 2025 Changed: Aug 31 Last Checked: Aug 30 at 9:01PM

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 ESSENTIAL REAL ESTATE

Investment Insights

Based on property information with market context.

This three-unit residential property at 129 Godwin Avenue includes two units with three bedrooms, a living room, kitchen, and full bath. The third unit provides one bedroom along with its own living room, kitchen, and full bath. Interior features include forced hot air heating, while the exterior is finished with vinyl siding and asphalt shingles. Unfinished areas are also present.

The property is in Paterson, NJ, near public transportation, major highways, and shopping. Its three-unit layout supports a multifamily ownership structure with distinct residential accommodations on each level.

Key Highlights

  • Three‑family property at 129 Godwin Avenue, Paterson, NJ 07501
  • Two units each include 3 bedrooms, living room, kitchen, and full bath
  • Third unit includes 1 bedroom, living room, kitchen, and full bath

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Nursing Home (Bike/Boat/Book/etc) Store Veterinary Clinic Restaurant Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,160
Businesses Nearby

Demographics for 07501, NJ

37,918
Population
13,119
Households
2.9
Avg Household Size
33
Median Age
9%
College-Educated
71%
High-School Grad
1.8 sq mi
ZIP Area
21,066
Density / Sq Mi
$40,699
Median Household Income
$32,103
Median Earnings
$1,442
Median Rent
$304,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Three residential units offer separate living, kitchen, and full-bath areas in a well-maintained multifamily configuration.
Where is this triplex located?
The property is located at 129 Godwin Avenue Paterson, NJ.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Three‑family property at 129 Godwin Avenue, Paterson, NJ 07501; Two units each include 3 bedrooms, living room, kitchen, and full bath; Third unit includes 1 bedroom, living room, kitchen, and full bath
More about this property
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