Search
Duplex With Bonus Third-Floor Apartment
New
For Sale
$569,000

224 Lawrence St, Paterson, NJ 07501

MULTI_FAMILY - Paterson City, NJ

Property SizeContact for details
Lot Size0.08 Acres
Days on Market2

Property Features for 224 Lawrence St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bedroom 7, Bathroom 2, Bedroom 2, Bedroom 6, Bedroom 4, Bedroom 8, Bedroom 5, Bedroom 3, Bedroom 1, Basement
Interior features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Directions Lawrence St
Standard status Active
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10445

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Steam, Other (Heating)
Water source Public

Building Details

Year built 1950
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: KELLER WILLIAMS VILLAGE SQUARE · Keller Williams Realty
Listed By: CHRISTOPHER A. JAMES
Added: Aug 10 Last Checked: Aug 11 at 9:06AM
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.

Investment Insights

Based on property information with market context.

This 1950 duplex includes two main residential units, with each of the first two floors configured with three bedrooms and one bathroom. A separate third-floor apartment adds two rooms, a full bathroom, and a kitchenette. The property also includes an unfinished basement with high ceilings and open floor area for additional storage or future buildout, subject to applicable requirements.

Positioned at the end of a dead-end street, the home provides access to public transportation into New York City, major highways, shopping, restaurants, schools, and parks. Public water and sewer serve the property. Additional features include shingle roofing, hot water and steam heating systems, and a 0.08-acre lot.

Key Highlights

  • Two‑family configuration with 3 bedrooms and 1 bathroom on each of the first two floors
  • Third‑floor apartment includes 2 rooms, a full bathroom, and a kitchenette
  • Unfinished basement with high ceilings and open space

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Nursing Home Restaurant Tanning Salon Tattoo & Piercing Shop

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

Yes
Highway access
Yes
Paved road 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
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?
Duplex - Two primary units offer three bedrooms and one bathroom per floor.
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 configuration with 3 bedrooms and 1 bathroom on each of the first two floors; Third‑floor apartment includes 2 rooms, a full bathroom, and a kitchenette; Unfinished basement with high ceilings and open space
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