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Updated Three-Unit Triplex
New
For Sale
$775,000

144 Spring St, Paterson, NJ 07501

Each residence includes a full kitchen and a combined living and dining area.

Property SizeContact for details
Days on Market7

Property Features for 144 Spring St

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 3 x 4BR/1BA
Multifamily Units 3

Additional Details

Public Transit Yes
Listing Agency: HOWARD HANNA RAND REALTY
Listed By: COREY SKAGGS · License #300739
Source: Luminancerealty
Added: Sep 21 Changed: Sep 23 Last Checked: Sep 26 at 12:08PM

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 HOWARD HANNA RAND REALTY

Investment Insights

Based on property information with market context.

Located at 144 Spring St in Paterson City, this triplex contains three residential units, each arranged with four bedrooms, one full bathroom, a full kitchen, and a combined living and dining room. The property has been updated, with clean interiors and open layouts throughout the building.

The three-unit configuration is situated near NJ TRANSIT, major highways, shopping, dining, and other local amenities, providing convenient access to transportation and everyday services.

Key Highlights

  • Three residential units in a single triplex property
  • Each unit includes 4 bedrooms and 1 full bathroom
  • Full kitchen provided in every unit

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Veterinary Clinic Catering Service Nursing Home Tattoo & Piercing Shop (Bike/Boat/Book/etc) 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

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,804
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
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
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Frequently Asked Questions

What type of property is this?
Triplex - Each residence includes a full kitchen and a combined living and dining area.
Where is this triplex located?
The property is located at 144 Spring St Paterson, NJ.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Three residential units in a single triplex property; Each unit includes 4 bedrooms and 1 full bathroom; Full kitchen provided in every unit
More about this property
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