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New Construction Duplex
New
For Sale
$899,900
Pending

153 Spring St, Paterson, NJ 07501

Two-unit residence with open-concept interiors, modern kitchens, and newly built finishes.

Property SizeContact for details
Days on Market7

Property Features for 153 Spring St

General Information

Standard status Pending
Property subtype Multi Family

Additional Details

Public Transit Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,349

Building Details

Year Built 2026
Units 2
Listing Agency: Nicholas Real Estate
Listed By: ALBERTO MESONES
Source: Elliman
Added: Aug 26 Changed: Aug 30 Last Checked: Aug 31 at 6:26PM

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.

Scheduled as a 2026-built duplex, this two-family residence is designed with two separate units and a contemporary interior plan. Each unit includes an open living and dining area, a modern kitchen, and bedrooms arranged for residential use. Finish selections remain available to the purchaser, allowing customization before completion.

The property is located at 153 Spring St in Paterson, New Jersey. Walk Score is 85, described as Very Walkable, while Bike Score is 50, described as Bikeable. Transit Score is 52, described as Good Transit. A five-year tax abatement is also noted. The configuration supports either owner-occupied living or an investment-oriented ownership strategy, as stated in the property information.

Key Highlights

  • Two‑family duplex configuration with two residential units
  • Year built: 2026
  • Open living and dining areas in each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Veterinary Clinic Catering Service Nursing Home (Bike/Boat/Book/etc) Store 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

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

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 - Two-unit residence with open-concept interiors, modern kitchens, and newly built finishes.
Where is this duplex located?
The property is located at 153 Spring St Paterson, NJ.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Two‑family duplex configuration with two residential units; Year built: 2026; Open living and dining areas in each unit
More about this property
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