Well-Maintained Three-Family
For Sale
$615,000
Pending
183 Walnut Street, Paterson, NJ 07522
Well-maintained three-family property with three spacious units and tenant-paid separate utilities.
Property Size465 SF
Days on Market183
Property Features for 183 Walnut Street
General Information
Standard status
Pending
Size
465 SF
Property subtype
2-4 Family
Additional Details
Highway Access
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$11,993
Amenities
10
5
5.0
16
Building Details
Year Built
1950
Stories
3
Listing Agency:
J.J. Elek Realty, Inc.
Listed By:
Felix Santana · License #307182
(732) 734-9002
Source:
Compass
Added: Mar 10
Changed: Aug 8
Last Checked: Jul 24 at 3:23PM
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 J.J. Elek Realty, Inc.
Investment Insights
Based on property information with market context.
Well-maintained three-family property offering unit layouts designed for practical, comfortable living. The first and second floors each feature 3BR/1BA configurations, while the third floor provides a 2BR/1BA layout. Each unit has separate utilities paid by the tenants.
The property is conveniently located near public transportation, major highways, and shopping and local amenities.
This configuration makes the building well-suited for either investment use or owner occupancy, with individual utility responsibility for each unit.
The property is conveniently located near public transportation, major highways, and shopping and local amenities.
This configuration makes the building well-suited for either investment use or owner occupancy, with individual utility responsibility for each unit.
Key Highlights
- Well‑maintained 3‑family property with 3 spacious units
- Unit mix: two 3BR/1BA apartments plus one 2BR/1BA apartment
- 5 full bathrooms total across the building
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,857
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Well-maintained three-family property with three spacious units and tenant-paid separate utilities.
Where is this triplex located?
The property is located at 183 Walnut Street Paterson, NJ.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: Well‑maintained 3‑family property with 3 spacious units; Unit mix: two 3BR/1BA apartments plus one 2BR/1BA apartment; 5 full bathrooms total across the building
