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Two-Unit Duplex With Finished Attic
For Sale
$749,900

205 Lawrence Street, Paterson, NJ 07501

Each apartment includes three bedrooms, formal dining space, and an eat-in kitchen.

Property SizeContact for details
Days on Market54

Property Features for 205 Lawrence Street

General Information

Standard status Active
Property subtype MULTI_FAMILY

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 2 x 3BR
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $8,167
Listing Agency: Casa Real Property Group LLC
Listed By: Nancy Pavic · License #242229
Source: Tarvinrealtors
Added: Jun 19 Changed: Aug 5 Last Checked: Aug 10 at 9:51AM

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 Casa Real Property Group LLC

Investment Insights

Based on property information with market context.

This two-unit duplex includes a three-bedroom apartment on each of its first and second floors. Both residences provide living rooms, formal dining rooms, and eat-in kitchens, while the property also adds finished attic and basement areas. Four bathrooms serve the building, and separate gas utilities support independent operation of the apartments.

Exterior features include a 1-car garage, a private driveway, and parking for up to 4 vehicles. The property is described as being in move-in condition. The second-floor apartment is vacant, providing immediate flexibility for an owner-occupant or rental placement. Public transportation, shopping, schools, and major highways are located nearby.

Key Highlights

  • Two apartments, each with 3 bedrooms, a living room, formal dining room, and eat‑in kitchen
  • Finished attic and finished basement provide additional usable space
  • 4 bathrooms across the duplex

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Pet Grooming Service (Bike/Boat/Book/etc) Store Nursing Home Tanning Salon Veterinary Clinic

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

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,590
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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Each apartment includes three bedrooms, formal dining space, and an eat-in kitchen.
Where is this duplex located?
The property is located at 205 Lawrence Street Paterson, NJ.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Two apartments, each with 3 bedrooms, a living room, formal dining room, and eat‑in kitchen; Finished attic and finished basement provide additional usable space; 4 bathrooms across the duplex
More about this property
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