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Duplex with Finished Attic
New
For Sale
$799,000

116 Keen St, Paterson, NJ 07524

A second parcel at 127 Franklin is included, with a 25-by-100-foot lot and possible subdivision.

Property SizeContact for details
Days on Market4

Property Features for 116 Keen St

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $10,931

Building Details

Year Built 1940
Units 2
Listing Agency: Realty ONE Group Living
Listed By: JUAN RIVAS
Source: Elliman
Added: Sep 24 Last Checked: Sep 26 at 12:06PM

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 Realty ONE Group Living

Investment Insights

Based on property information with market context.

This duplex dates to 1940 and includes a finished attic and a partially finished basement. The property is offered with an additional lot at 127 Franklin, measuring 25 by 100 feet; subdivision is noted as a possibility.

Key Highlights

  • Two‑family duplex built in 1940
  • Finished attic and partially finished basement
  • Sale includes the 25‑by‑100‑foot lot at 127 Franklin; possible subdivision

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Pet Grooming Service (Bike/Boat/Book/etc) Store Nursing Home Restaurant Catering Service

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

1,835
Businesses Nearby

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
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - A second parcel at 127 Franklin is included, with a 25-by-100-foot lot and possible subdivision.
Where is this duplex located?
The property is located at 116 Keen St Paterson, NJ.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two‑family duplex built in 1940; Finished attic and partially finished basement; Sale includes the 25‑by‑100‑foot lot at 127 Franklin; possible subdivision
More about this property
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