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Two-Story Duplex with Walkout Basement
For Sale
$549,000
Pending

205-207 E 24Th St, Paterson, NJ 07514

Multi-Family, 2-Two Story, Paterson City, NJ

Property SizeContact for details
Lot Size0.11 Acres
Days on Market102

Property Features for 205-207 E 24Th St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 1, Basement, Bathroom 2, Bedroom 3, Bedroom 1
Parking 4
Directions Prime commuter location with quick access to Route 19, I-80, Route 20, and the Garden State Parkway
Standard status Pending
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11854

Utilities

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

Building Details

Year built 1978
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: REALTY ONE GROUP LEGEND
Listed By: APRIL LAZO
Added: Jun 18 Changed: Sep 13 Last Checked: Sep 27 at 6:06PM
MLS# 4035461

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.

This duplex is a two-story residential income property built in 1978 on a 0.11-acre lot. The layout includes three bedrooms, two bathrooms, and a basement with walkout access. Separate utilities support independent unit operation, while hot-water baseboard heating, a shingle roof, public water, and public sewer serve the property.

The property is located in Paterson City’s Riverside neighborhood, near schools, parks, shopping, public transportation, and major highways. Its location provides access to everyday services and commuter routes within the surrounding area.

Key Highlights

  • Duplex constructed in 1978
  • 0.11‑acre lot in Paterson City’s Riverside neighborhood
  • Three bedrooms and two bathrooms

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Hotel & Motel Law Firm Clothing & Fashion Store Tattoo & Piercing Shop Dental Office

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

1,345
Businesses Nearby

Demographics for 07514, NJ

19,200
Population
6,752
Households
2.8
Avg Household Size
37
Median Age
12%
College-Educated
78%
High-School Grad
0.9 sq mi
ZIP Area
21,333
Density / Sq Mi
$65,492
Median Household Income
$34,962
Median Earnings
$1,472
Median Rent
$314,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - Residential income property with separate utilities, public services, and a basement offering walkout access.
Where is this duplex located?
The property is located at 205-207 E 24Th St Paterson, NJ.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Duplex constructed in 1978; 0.11‑acre lot in Paterson City’s Riverside neighborhood; Three bedrooms and two bathrooms
More about this property
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