Four-Unit Multifamily
For Sale
$1,199,000
169 Godwin Avenue, Paterson, NJ 07501
Well-maintained residential income property with separate utilities and off-street tenant parking in Paterson.
Property SizeContact for details
Days on Market14
Property Features for 169 Godwin Avenue
General Information
Standard status
Active
Total Parking Spaces
6
Property subtype
MULTI_FAMILY
Financials
Cap Rate
7.5%
Gross Income
$120,000
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$17,882
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Coldwell Banker, Ridgewood
(201) 710-0598
Listed By:
Maikol Puebla
(201) 710-0598
Source:
Tarvinrealtors
Added: Jul 29
Changed: Aug 3
Last Checked: Aug 11 at 12:20PM
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 Coldwell Banker, Ridgewood
Investment Insights
Based on property information with market context.
This well-maintained quadplex at 169 Godwin Avenue contains four residential units, each offering approximately 1,200 square feet of living space. Separate utilities serve the units, while six off-street parking spaces add practical tenant convenience. The property reports a 7.5% cap rate.
The building is located in Paterson, NJ 07501, near major highways, public transportation, shopping, restaurants, schools, and parks. Its four-family configuration and individual utility setup provide a straightforward multifamily ownership profile with established residential improvements.
The building is located in Paterson, NJ 07501, near major highways, public transportation, shopping, restaurants, schools, and parks. Its four-family configuration and individual utility setup provide a straightforward multifamily ownership profile with established residential improvements.
Key Highlights
- Four‑family property at 169 Godwin Avenue, Paterson, NJ 07501
- Approximately 1,200 square feet of living space per unit
- 7.5% cap rate
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,101
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained residential income property with separate utilities and off-street tenant parking in Paterson.
Where is this quadplex located?
The property is located at 169 Godwin Avenue Paterson, NJ.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Four‑family property at 169 Godwin Avenue, Paterson, NJ 07501; Approximately 1,200 square feet of living space per unit; 7.5% cap rate
