205 E 24Th St, Paterson, NJ 07514

Building Details

Year Built

1978

Listing office Realty ONE Group Legend a***@lazoluxeliving.com Show Phone

Listing date Jun 23, 2026

Source Elliman

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Overview

This well-maintained multifamily property is set up to support independent living arrangements, with spacious units and separate utilities. The home includes an additional bonus bedroom and bathroom in the basement, featuring walkout access, which can add flexibility for a tenant or owner-occupant. The property is also described as sitting on a generous lot.

Located in Paterson’s Riverside neighborhood, the property is reported to be convenient to schools, parks, shopping, public transportation, and major highways, supporting day-to-day accessibility. Walkability is noted as very walkable, and transit is described as some transit, with bikeability listed as bikeable.

For buyers, this layout can be a practical fit for those looking to manage rental income alongside their own occupancy, given the separate utilities and multi-unit configuration. Owner-occupants may also value the bonus basement bedroom and bathroom with walkout access for additional space or flexible use, while investors can review the unit and utility setup when evaluating rental operations.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Paterson

County

Passaic

State

New Jersey

Longitude

-74.14604

Latitude

40.932953

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FAQs

What type of property is this?

Multifamily property - Well-maintained multifamily with spacious units, separate utilities, and a basement bonus bedroom and bath with walkout access.

Where is this multifamily property located?

The property is located at 205 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: Built in 1978; Well‑maintained multifamily property with spacious units; Separate utilities for each unit