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Two-Unit Duplex Property
For Sale
$585,000
Pending

58-60 Murray Avenue, Paterson, NJ 07501

Two residential units feature three bedrooms, eat-in kitchens, and separate utilities.

Property SizeContact for details
Days on Market557

Property Features for 58-60 Murray Avenue

General Information

Standard status Pending
Property subtype 2-4 Family

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $11,112

Amenities

6
4
4.0
15
Full-Finished

Building Details

Year Built 1900
Tenancy Multi
Listing Agency: Century 21 A.G. Realty Group
Listed By: Alexis Guilliani
Source: Compass
Added: Jan 31, 2025 Changed: Aug 8 Last Checked: Jul 31 at 3:39PM

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 Century 21 A.G. Realty Group

Investment Insights

Based on property information with market context.

This duplex at 58-60 Murray Avenue in Paterson includes two residential units. Each unit offers three bedrooms, a living room, an eat-in kitchen, and separate utilities. The property also includes a finished attic and finished basement.

The duplex is within walking distance of Pennington Park and provides access to public transportation, schools, parks, and main roads and highways. Its two-unit configuration and separate utilities support both residential occupancy and income-producing use.

Key Highlights

  • Two‑unit duplex property at 58‑60 Murray Avenue
  • Each unit includes 3 bedrooms, a living room, and an eat‑in kitchen
  • Separate utilities for each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Catering Service Nursing Home Locksmith Garden Center Pet 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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

951
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?
Duplex - Two residential units feature three bedrooms, eat-in kitchens, and separate utilities.
Where is this duplex located?
The property is located at 58-60 Murray Avenue Paterson, NJ.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Two‑unit duplex property at 58‑60 Murray Avenue; Each unit includes 3 bedrooms, a living room, and an eat‑in kitchen; Separate utilities for each unit
More about this property
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