Search
3-Unit Triplex Property
For Sale
$599,000

21 Governor St, Paterson, NJ 07501

Each residence offers three bedrooms, an eat-in kitchen, living room, and full bath.

Property SizeContact for details
Days on Market62

Property Features for 21 Governor St

General Information

Standard status Active
Property subtype Multi Family

Units

Unit Mix 3 x 3BR/1BA
Multifamily Units 3

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $10,472

Building Details

Year Built 1970
Units 3
Listing Agency:
Listed By: CARLOS GOYBURU
Source: Elliman
Added: Jul 1 Changed: Aug 30 Last Checked: Aug 30 at 4:42PM

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 CARLOS GOYBURU

Investment Insights

Based on property information with market context.

Built in 1970, this triplex contains three separate residences, each arranged with three bedrooms, a living room, an eat-in kitchen, and a full bath. Separate utilities serve the units, while an unfinished basement and crawl space provide additional supporting area. One unit is expected to be vacant at closing.

The property is located at 21 Governor St in Paterson, New Jersey. Public transportation, schools, parks, restaurants, and shopping are identified nearby. Walk Score is 75, rated Very Walkable; Bike Score is 50, rated Bikeable; and Transit Score is 35, rated Some Transit.

Key Highlights

  • Three‑unit triplex with three bedrooms, living room, eat‑in kitchen, and full bath in each unit
  • Separate utilities for the individual residences
  • One unit will be vacant at closing

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Nursing Home Pet Grooming Service Skin Care Clinic Veterinary Clinic Restaurant

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

3,245
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Each residence offers three bedrooms, an eat-in kitchen, living room, and full bath.
Where is this triplex located?
The property is located at 21 Governor St Paterson, NJ.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Three‑unit triplex with three bedrooms, living room, eat‑in kitchen, and full bath in each unit; Separate utilities for the individual residences; One unit will be vacant at closing
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message