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4-Unit Quadplex with 3-Car Garage
For Sale
$899,999

174 E 16Th St, Paterson, NJ 07524

Multi-Family, Fourplex, Paterson City, NJ

Property SizeContact for details
Lot Size0.14 Acres
Days on Market186

Property Features for 174 E 16Th St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 1, Bedroom 4, Bathroom 4, Basement, Bedroom 7, Bathroom 2, Bedroom 2, Bedroom 8
Parking 6
Directions 6TH AVENUE TO EAST 16TH STREET
Standard status Active
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 17348

Utilities

Sewer type Public Sewer
Heating system Baseboard, Hot Water(Heating)
Water source Public

Amenities

finished basement

Building Details

Year built 1950
Number of units 4
Roof type Shingle
Architectural style Other
Listing Agency: NICHOLAS REAL ESTATE AGENCY
Listed By: ROSELYS RAMIREZ
Added: Feb 18 Changed: Aug 19 Last Checked: Aug 23 at 7:06PM
MLS# 4010468

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.

Offered as a 4-unit quadplex, this well-kept Paterson property features four apartments with a living room and an eat-in kitchen. Each unit has two bedrooms and one full bathroom, with a finished basement as part of the building’s layout. Heating is provided by baseboard and hot water systems. The home also has a shingle roof and is served by public water and public sewer.

The property includes three-car garages plus parking for six cars, supporting a multiple-vehicle setup. All utilities are separate, which can simplify tenant billing and building operations.

Built in 1950, the property sits on a 0.14-acre lot and is presented as a four-family investment opportunity.

Key Highlights

  • 0.14‑acre quadplex built in 1950
  • Four apartments with living room and eat‑in kitchen
  • Two bedrooms and one full bathroom per unit

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Parking Lot & Garage Nursing Home Pet Grooming Service Law Firm Tech Support Center

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

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,563
Businesses Nearby

Demographics for 07524, NJ

14,130
Population
4,670
Households
3
Avg Household Size
33
Median Age
13%
College-Educated
73%
High-School Grad
0.8 sq mi
ZIP Area
17,663
Density / Sq Mi
$50,033
Median Household Income
$31,934
Median Earnings
$1,386
Median Rent
$360,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Quadplex - Well-kept four-apartment quadplex with separate utilities, finished basement, and parking for six cars.
Where is this quadplex located?
The property is located at 174 E 16Th St Paterson, NJ.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: 0.14‑acre quadplex built in 1950; Four apartments with living room and eat‑in kitchen; Two bedrooms and one full bathroom per unit
More about this property
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