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Renovated Three-Unit Triplex
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For Sale
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22 17th Avenue, Paterson, NJ 07501

Three separately metered gas utilities serve a fully occupied, three-floor residential property with month-to-month tenancy.

Property SizeContact for details
Days on Market5

Property Features for 22 17th Avenue

General Information

Standard status Active
Property subtype Multi Family 2-4 Units
Occupancy 100%

Additional Details

Utilities to Site Yes
Multifamily Units 3
Listing Agency: Casa Real Property Group LLC
Listed By: Nancy Pavic · License #242229
Source: Capmarkrealty
Added: Oct 9 Changed: Oct 10 Last Checked: Oct 12 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 Casa Real Property Group LLC

Investment Insights

Based on property information with market context.

This renovated triplex contains three units, with each floor configured for three bedrooms and 1.5 baths. Separate gas utilities serve the units, and an unfinished basement with high ceilings provides storage space. All three units are rented under month-to-month arrangements.

A five-year tax abatement applies to the property. Showings require 24-hour notice.

Key Highlights

  • Three units, each with 3 bedrooms and 1.5 baths
  • All units currently rented with month‑to‑month tenants
  • Separate gas utilities for each unit

Property Analytics

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Current Use

Triplexes

Suggested Use

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

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
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,332
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
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
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Frequently Asked Questions

What type of property is this?
Triplex - Three separately metered gas utilities serve a fully occupied, three-floor residential property with month-to-month tenancy.
Where is this triplex located?
The property is located at 22 17th Avenue Paterson, NJ.
What are key features of this property?
This property features: Three units, each with 3 bedrooms and 1.5 baths; All units currently rented with month‑to‑month tenants; Separate gas utilities for each unit
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