Search
Four-Unit Quadplex
For Sale
$825,000

54 Genessee Ave, Paterson, NJ 07503

Income-producing residential property near public transportation, schools, shopping, restaurants, and major roadways.

Property SizeContact for details
Days on Market19

Property Features for 54 Genessee Ave

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Public Transit Yes
Multifamily Units 4

Building Details

Year Built 1927
Listing Agency: Keller Williams Metropolitan
Listed By: Brightstar Realty & Rentals
Source: Njbrightstar
Added: Aug 13 Changed: Aug 28 Last Checked: Aug 30 at 4:29PM

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 Keller Williams Metropolitan

Investment Insights

Based on property information with market context.

Built in 1927, this quadplex includes four residential units within a single multifamily property. The configuration supports multiple income-producing units and may accommodate an owner-occupant seeking to live on site while retaining additional residential units for rental use.

The property is located at 54 Genessee Ave in Paterson City, near public transportation, schools, houses of worship, shopping, restaurants, and major roadways. Its established setting and four-family layout provide a straightforward format for residential income ownership.

Key Highlights

  • Four‑family property with multiple income‑producing units
  • Built in 1927
  • Located near public transportation and major roadways

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Acupuncture Florist Veterinary Clinic Pet Grooming Service Nursing Home

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,709
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Income-producing residential property near public transportation, schools, shopping, restaurants, and major roadways.
Where is this quadplex located?
The property is located at 54 Genessee Ave Paterson, NJ.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Four‑family property with multiple income‑producing units; Built in 1927; Located near public transportation and major roadways
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message