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Multi-Unit Residential Property
For Sale
$699,000

172-174 Carroll St, Paterson, NJ 07501

Multiple units provide flexible layouts, with select interiors offering hardwood flooring and additional closet space.

Property SizeContact for details
Lot Size0.11 Acres
Days on Market71

Property Features for 172-174 Carroll St

General Information

Standard status Active
Total Parking Spaces 6
Lot size 0.11 Acres
Property subtype Multi Family Home

Site & Location

Highway Access Yes
Public Transit Yes

Building Details

Year Built 2006
Units 3
Listing Agency: Signature Realty Nj
Listed By: Jason Kunzman · License #399555
Source: Betterhomerealestate
Added: Jun 22 Changed: Aug 29 Last Checked: Aug 30 at 5:37PM

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 Signature Realty Nj

Investment Insights

Based on property information with market context.

This multifamily property contains multiple residential units with spacious living areas, well-sized bedrooms, and functional floor plans. Select units include hardwood flooring and added closet space, while the property’s 2006 construction provides a relatively recent building vintage for the asset class. The lot measures approximately 50 by 100 feet.

The property is located in Paterson City near major highways, public transportation, schools, shopping, dining, and other everyday amenities. Its setting provides access to commuter routes and local services.

The property is offered strictly as-is. Multiple-unit configuration supports both rental occupancy and owner-occupant use, subject to the purchaser’s intended operation and applicable requirements.

Key Highlights

  • Multifamily property with multiple residential units
  • Approximately 50 by 100‑foot lot
  • Built in 2006

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Nursing Home Tattoo & Piercing Shop Veterinary Clinic Catering Service

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,246
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multiple units provide flexible layouts, with select interiors offering hardwood flooring and additional closet space.
Where is this multifamily property located?
The property is located at 172-174 Carroll St Paterson, NJ.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Multifamily property with multiple residential units; Approximately 50 by 100‑foot lot; Built in 2006
More about this property
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