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Duplex with Detached Garage
For Sale
$613,000

161 Ryerson Ave, Paterson, NJ 07502

Delivered vacant, the property offers two separate residences and off-street parking.

Property SizeContact for details
Days on Market63

Property Features for 161 Ryerson Ave

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Multi Family Home

Additional Details

Public Transit Yes
Multifamily Units 2

Building Details

Year Built 1940
Buildings 1
Units 2
Listing Agency: Realty Of America
Listed By: Benjamin T. Ortiz
Source: Culturaunitedrealty
Added: Aug 24 Changed: Oct 24 Last Checked: Oct 24 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 Realty Of America

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Investment Insights

Based on property information with market context.

Built in 1940, this duplex contains two residences, each arranged with two bedrooms, a living room, a kitchen, and a full bathroom. The upper residence connects to a third floor with two additional rooms and another full bathroom. A driveway provides off-street parking, and a detached two-car garage is also on the property.

The property is near shopping, schools, public transportation, major highways, and local services in Paterson. It will be delivered vacant.

Key Highlights

  • Two residences, each with 2 bedrooms and a full bathroom
  • Upper unit includes access to a third floor with 2 additional rooms and a full bathroom
  • Detached 2‑car garage and driveway parking

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,056
Businesses Nearby

Demographics for 07502, NJ

16,592
Population
4,861
Households
3.4
Avg Household Size
35
Median Age
17%
College-Educated
78%
High-School Grad
0.9 sq mi
ZIP Area
18,436
Density / Sq Mi
$68,649
Median Household Income
$32,407
Median Earnings
$1,492
Median Rent
$347,200
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

Frequently Asked Questions

What type of property is this?
Duplex - Delivered vacant, the property offers two separate residences and off-street parking.
Where is this duplex located?
The property is located at 161 Ryerson Ave Paterson, NJ.
What is the asking price?
The asking price for this property is $613,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and a full bathroom; Upper unit includes access to a third floor with 2 additional rooms and a full bathroom; Detached 2‑car garage and driveway parking
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