Two-Story
For Sale
$480,000
167 Liberty St, Paterson, NJ 07522
Multi-Family, 2-Two Story, Paterson City, NJ
Property Size1,677 SF
Lot Size0.06 Acres
Price / SF$286.23
Days on Market92
Property Features for 167 Liberty St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Basement, Bedroom 2, Bathroom 1
Exterior features
Metal Fence
Fencing
Fenced
Directions
Paterson Ave to Liberty St
Standard status
Active
Size
1,677 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7383
Utilities
Sewer type
Public Sewer
Heating system
Steam, Other (Heating)
Water source
Public
Building Details
Year built
1950
Floors in Building
2
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing Agency:
EXP REALTY, LLC
Listed By:
HUGO MEZA
(866) 201-6210
Added: Jul 24
Changed: Oct 19
Last Checked: Oct 23 at 7:06PM
MLS# 4042866
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This duplex contains two residential units, with each offering one bedroom, a living room, a kitchen, and a full bathroom. The property provides 1677 square feet of building area on a 0.06-acre lot and was built in 1950.
The building includes a basement, shingle roofing, steam heating, and a fenced exterior with a metal fence. Public water and public sewer serve the property. Located at 167 Liberty St in Paterson City, NJ 07522-1407, the asset is identified within Passaic County.
The building includes a basement, shingle roofing, steam heating, and a fenced exterior with a metal fence. Public water and public sewer serve the property. Located at 167 Liberty St in Paterson City, NJ 07522-1407, the asset is identified within Passaic County.
Key Highlights
- Two residential units, each with 1 bedroom and 1 full bathroom
- 1677 square feet on a 0.06‑acre lot
- Built in 1950
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,067
Cap Rate
5.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$561,340
$561.3K
Cap Rate 7%
$400,957
$401.0K
Cap Rate 9%
$311,856
$311.9K
Market Conditions
NOI Build-Up for 1,677 SF
Gross rent
$42.9K $25.56/SF
− Vacancy
−$2.8K −$1.65/SF
EGI
$40.1K $23.91/SF
− OpEx
−$12.0K −$7.17/SF
NOI
$28.1K $16.74/SF
Area
Paterson, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$561,340
Cap Rate 7%
$400,957
Cap Rate 9%
$311,856
Alternative Uses
Best Use
Multifamily LT 5
$401.0K
$350.8K – $467.8K
NOI $28,067 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$368.4K
$322.4K – $429.8K
NOI $25,789 @ 7.0% cap · market cap 5.37%
Theoretical Best
Office A
$437.9K
$383.2K – $510.9K
NOI $30,653 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,288
Businesses Nearby
Explore this area
Business Placement
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer one-bedroom layouts with living, kitchen, and full-bath spaces.
Where is this duplex located?
The property is located at 167 Liberty St Paterson, NJ.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Two residential units, each with 1 bedroom and 1 full bathroom; 1677 square feet on a 0.06‑acre lot; Built in 1950
