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Two-Family Duplex with Finished Basement

148 7th St, Paterson, NJ 07522

For Sale
$549,000

The vacant property has two residences, plus finished lower-level space with a kitchen and backyard access.

Property SizeContact for details
Days on Market28

Property Features for 148 7th St

General Information

Standard status Active
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence needs cosmetic repairs

Units

Unit Mix 1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units 2
Listing Agency: Realty of America LLC
Listed By: Dondell Leonard
Source: Brentsellsnj
Added: Oct 13 Changed: Nov 8 Last Checked: Nov 8 at 7:05AM

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 of America LLC

Rey
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Investment Insights

Based on property information with market context.

This vacant duplex contains two separate residences. The first-floor unit has two bedrooms, one bathroom, a living room, dining room, and kitchen. The second unit occupies two levels and includes three bedrooms, one bathroom, a living room, and kitchen. A finished basement adds a kitchen, full bathroom, and walkout access to the backyard. Cosmetic repairs are needed, and the property is being sold as-is.

Key Highlights

  • Two‑unit property with a 2‑bedroom first‑floor residence and a 3‑bedroom residence across two levels
  • Finished basement includes a kitchen, full bathroom, and walkout to the backyard
  • First‑floor unit has a living room, dining room, and kitchen

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,522
Businesses Nearby

Demographics for 07522, NJ

23,345
Population
7,440
Households
3.1
Avg Household Size
31
Median Age
10%
College-Educated
77%
High-School Grad
0.9 sq mi
ZIP Area
25,939
Density / Sq Mi
$48,002
Median Household Income
$31,997
Median Earnings
$1,458
Median Rent
$264,000
Median Home Value
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Market

Properties on Market for Duplexes in Paterson

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The vacant property has two residences, plus finished lower-level space with a kitchen and backyard access.
Where is this duplex located?
The property is located at 148 7th St Paterson, NJ.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Two‑unit property with a 2‑bedroom first‑floor residence and a 3‑bedroom residence across two levels; Finished basement includes a kitchen, full bathroom, and walkout to the backyard; First‑floor unit has a living room, dining room, and kitchen
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