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Three-Family Residential Investment
For Sale
$699,999
Pending

154 Belmont Avenue, Paterson, NJ 07522

Legal three-family property in Paterson with unit renovations completed in 2018 and identical four-bedroom layouts.

Property SizeContact for details
Days on Market103

Property Features for 154 Belmont Avenue

General Information

Standard status Pending
Property subtype Multi Family

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $18,374

Amenities

12
3
3.0
18
Unfinish
Vinyl Siding

Building Details

Year Renovated 2018
Listing Agency: Weichert Realtors, Clifton
Listed By: Zaidem Illescas
Source: Compass
Added: May 26 Changed: Aug 8 Last Checked: Jul 24 at 1:26PM

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 Weichert Realtors, Clifton

Investment Insights

Based on property information with market context.

This legal three-family residential property features three units with matching layouts. Each unit includes four bedrooms, a living room, a kitchen, and a full bathroom.

Two of the units were renovated in 2018, with the remaining unit maintaining the same general configuration across floors.

The building is set up to support a live-in option while renting additional units, based on the identical four-bedroom, full-bath layout throughout.

Key Highlights

  • Legal three‑family property in Paterson
  • 12 bedrooms total and 3 full bathrooms across the building
  • 18 total rooms with identical unit layouts on all floors

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Garden Center Catering Service (Bike/Boat/Book/etc) Store Veterinary Clinic Pet 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

1,347
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

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?
Triplex - Legal three-family property in Paterson with unit renovations completed in 2018 and identical four-bedroom layouts.
Where is this triplex located?
The property is located at 154 Belmont Avenue Paterson, NJ.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: Legal three‑family property in Paterson; 12 bedrooms total and 3 full bathrooms across the building; 18 total rooms with identical unit layouts on all floors
More about this property
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