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Duplex with Finished Third Floor
For Sale
$529,000

172 Godwin Ave, Paterson, NJ 07501

Two three-bedroom units are complemented by a finished upper level with laundry and a full bath.

Property SizeContact for details
Days on Market86

Property Features for 172 Godwin Ave

General Information

Standard status Active
Property subtype Multi Family Home

Additional Details

Multifamily Units 2

Building Details

Year Built 1940
Units 2
Listing Agency: Homesmart First Advantage
Listed By: Ihab David
Source: Culturaunitedrealty
Added: Jul 31 Changed: Oct 23 Last Checked: Oct 23 at 5:53PM

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 Homesmart First Advantage

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Investment Insights

Based on property information with market context.

Built in 1940, this duplex contains two units, each with three bedrooms. The finished third floor adds a separate room, a full bathroom, and a dedicated laundry room. Updated kitchens include modern countertops and breakfast islands, and both units have updated bathrooms. The property also has a new roof, central air conditioning, forced-air heat, and a new front fence.

The property is located at 172 Godwin Ave in Paterson, New Jersey.

Key Highlights

  • Two units, each with 3 bedrooms
  • Finished third floor with an additional room, full bathroom, and dedicated laundry room
  • Updated kitchens with modern countertops and breakfast islands

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,226
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
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom units are complemented by a finished upper level with laundry and a full bath.
Where is this duplex located?
The property is located at 172 Godwin Ave Paterson, NJ.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms; Finished third floor with an additional room, full bathroom, and dedicated laundry room; Updated kitchens with modern countertops and breakfast islands
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