Two-Unit Duplex with Updated
For Sale
$474,999
168 N Main St, Paterson, NJ 07522
Multi-Family, 2-Two Story, Paterson City, NJ
Property Size1,712 SF
Lot Size0.06 Acres
Price / SF$277.45
Days on Market9
Property Features for 168 N Main St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-3
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Basement, Bedroom 5
Interior features
Fire Extinguisher, Smoke Detector, Vinyl-Linoleum Floors
Exterior features
Curbs, Sidewalk
Subdivision
Northside
Lot features
Level Lot
Elementary school
NUMBER 12
High school
JFK
Directions
Haledon Ave to N Main St.
Standard status
Active
Size
1,712 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5847
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Hot Water(Heating)
Water source
Public
Amenities
in-unit washer/dryer
Building Details
Year built
1888
Floors in Building
2
Number of units
2
Roof type
Flat
Architectural style
Other
Listing Agency:
KELLER WILLIAMS PROSPERITY REALTY · Keller Williams Realty
(973) 696-0077
Listed By:
DAVID EDWIN ARTEAGA · License #397730
(862) 621-5890
Added: Sep 28
Changed: Oct 3
Last Checked: Oct 6 at 2:06PM
MLS# 4055490
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.
Investment Insights
Based on property information with market context.
This R-3-zoned duplex contains two residences with separate layouts. The first-floor unit has two bedrooms, an office, one full bathroom, and an in-unit washer and dryer. Upstairs, the second unit offers three bedrooms, one bathroom, an open layout, and a kitchen with an island. The 1,712-square-foot building was constructed in 1888 and sits on a 0.06-acre lot. Updated interior finishes and new furnaces and boilers serve the property.
The property is in Paterson, New Jersey, near schools, shopping, and public transportation. Public water and sewer serve the building.
The property is in Paterson, New Jersey, near schools, shopping, and public transportation. Public water and sewer serve the building.
Key Highlights
- Two residences: first‑floor unit has 2 bedrooms; upper unit has 3 bedrooms
- First‑floor unit includes an office and one full bathroom
- Both units have an in‑unit washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,652
Cap Rate
6.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$573,040
$573.0K
Cap Rate 7%
$409,314
$409.3K
Cap Rate 9%
$318,356
$318.4K
Market Conditions
NOI Build-Up for 1,712 SF
Gross rent
$43.8K $25.56/SF
− Vacancy
−$2.8K −$1.65/SF
EGI
$40.9K $23.91/SF
− OpEx
−$12.3K −$7.17/SF
NOI
$28.7K $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%
$573,040
Cap Rate 7%
$409,314
Cap Rate 9%
$318,356
Alternative Uses
Best Use
Multifamily LT 5
$409.3K
$358.2K – $477.5K
NOI $28,652 @ 7.0% cap · market cap 6.03%
Second Best
Apartment 5plus
$376.1K
$329.1K – $438.8K
NOI $26,327 @ 7.0% cap · market cap 5.54%
Theoretical Best
Office A
$447.0K
$391.2K – $521.6K
NOI $31,293 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,440
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate residences provide two distinct bedroom layouts, each with an in-unit washer and dryer.
Where is this duplex located?
The property is located at 168 N Main St Paterson, NJ.
What is the asking price?
The asking price for this property is $474,999.
What are key features of this property?
This property features: Two residences: first‑floor unit has 2 bedrooms; upper unit has 3 bedrooms; First‑floor unit includes an office and one full bathroom; Both units have an in‑unit washer and dryer
