Duplex with Bonus Third-Floor
224 Lawrence St, Paterson, NJ 07501
For Sale
$569,000
Pending
Multi-Family, 2-Two Story, Paterson City, NJ
Property SizeContact for details
Lot Size0.08 Acres
Days on Market97
Property Features for 224 Lawrence St
General Information
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Full bathrooms
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Listing Agency:
KELLER WILLIAMS VILLAGE SQUARE · Keller Williams Realty
Listed By:
CHRISTOPHER A. JAMES
(201) 445-4300
Added: Aug 10
Changed: Nov 6
Last Checked: Nov 14 at 5:06AM
MLS# 4045927
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.
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Investment Insights
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This 1950 duplex includes a three-bedroom, one-bath residence on both the first and second floors. The third floor adds a two-room apartment with a full bathroom and kitchenette. An unfinished basement provides high ceilings and open space for storage or future planning, subject to applicable requirements.
The property occupies 0.08 acres at 224 Lawrence St in Paterson City, NJ. It sits at the end of a dead-end street and offers access to public transportation into NYC, major highways, shopping, restaurants, schools, and parks. Public water and public sewer serve the property, with steam and hot-water heating systems and a shingle roof.
The property occupies 0.08 acres at 224 Lawrence St in Paterson City, NJ. It sits at the end of a dead-end street and offers access to public transportation into NYC, major highways, shopping, restaurants, schools, and parks. Public water and public sewer serve the property, with steam and hot-water heating systems and a shingle roof.
Key Highlights
- Two‑family duplex with 3 bedrooms and 1 bathroom on both the first and second floors
- Third‑floor apartment includes 2 rooms, a full bathroom, and a kitchenette
- Unfinished basement features high ceilings and open space
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Lease Details
3
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,932
Businesses Nearby
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Business Placement
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
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Market
Properties on Market for Duplexes in Paterson
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two primary residences feature three bedrooms each, with added rooms and an unfinished basement for additional space.
Where is this duplex located?
The property is located at 224 Lawrence St Paterson, NJ.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Two‑family duplex with 3 bedrooms and 1 bathroom on both the first and second floors; Third‑floor apartment includes 2 rooms, a full bathroom, and a kitchenette; Unfinished basement features high ceilings and open space
