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Two-Unit Duplex with Garage
For Sale
$850,000

685 20Th Ave 2, Paterson, NJ 07504

Separate floor plans offer a three-bedroom residence and a larger five-bedroom residence.

Property SizeContact for details
Days on Market9

Property Features for 685 20Th Ave 2

General Information

Standard status Active
Total Parking Spaces 6
Property subtype Multi-Family Listing
Net Operating Income $5,500

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $10,830

Building Details

Year Built 1950
Buildings 1
Listed By: Nicholas Real Estate
Source: Nicholasrealestate.idxbroker
Added: Sep 29 Changed: Oct 6 Last Checked: Oct 5 at 3:03PM

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 Nicholas Real Estate

Investment Insights

Based on property information with market context.

Built in 1950, this duplex places one residence on each of its two floors. The first-floor unit has three bedrooms, a living room, dining room, eat-in kitchen, bathroom, and walk-in closet. Upstairs, the five-bedroom unit includes a living room, dining room, two bathrooms, ample closet space, and a front porch.

A finished basement adds a recreation area and bathroom. The property also includes a two-car garage and parking for six cars.

Key Highlights

  • Two residences, with 3 bedrooms on the first floor and 5 bedrooms upstairs
  • Upper residence includes 2 bathrooms and a front porch
  • Finished basement with recreation space and a bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Gym & Fitness Center Storage Facility Veterinary Clinic Tattoo & Piercing Shop

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

901
Businesses Nearby

Demographics for 07504, NJ

13,413
Population
4,105
Households
3.3
Avg Household Size
36
Median Age
18%
College-Educated
85%
High-School Grad
0.8 sq mi
ZIP Area
16,766
Density / Sq Mi
$67,269
Median Household Income
$37,024
Median Earnings
$1,426
Median Rent
$369,600
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 - Separate floor plans offer a three-bedroom residence and a larger five-bedroom residence.
Where is this duplex located?
The property is located at 685 20Th Ave 2 Paterson, NJ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two residences, with 3 bedrooms on the first floor and 5 bedrooms upstairs; Upper residence includes 2 bathrooms and a front porch; Finished basement with recreation space and a bathroom
More about this property
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