Search
Updated Duplex with Studio Apartment
New
For Sale
$1,350,000

238 Monroe Ave, Paramus, NJ 07652

Five bedrooms and four full baths are arranged across a primary residence and separate studio living space.

Property SizeContact for details
Days on Market3

Property Features for 238 Monroe Ave

General Information

Standard status Active
Property subtype Commercial

Site & Location

Public Transit Yes
Utilities to Site Yes

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $13,077

Amenities

central air
hardwood floors
fireplace
fully fenced backyard
paver walkway

Building Details

Construction stone and stucco
Listing Agency: Better Homes & Gardens Real Estate Exclusive Properties
Listed By: Ming Tilley ()
Source: Fortuneluxuryrealty
Added: Sep 2 Changed: Sep 3 Last Checked: Sep 4 at 7:05AM

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 Better Homes & Gardens Real Estate Exclusive Properties

Investment Insights

Based on property information with market context.

This updated duplex property combines a four-bedroom main residence with a separate studio apartment behind the garage. The principal home includes three full baths, a formal dining room, living and family areas with a fireplace, an eat-in kitchen, and a first-floor bedroom with an adjacent full bath. The upper level adds a primary suite with private bath and walk-in closet, two more bedrooms, an office or sitting room, another full bath, and laundry access.

The studio provides a fifth bedroom, living area, small kitchen, and fourth full bath. Additional features include central air, hardwood floors, stone and stucco exterior finishes, a garage, paver walkway, automatic sprinkler system, 200-amp electric service, and a fully fenced backyard. The property is near parks, schools, public transportation, and houses of worship.

Key Highlights

  • 5‑bedroom, 4‑bath duplex configuration with a separate studio apartment
  • Main residence includes 4 bedrooms and 3 full baths
  • Studio includes a fifth bedroom, living area, small kitchen, and fourth full bath

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Pharmacy Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Plumbing 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

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

433
Businesses Nearby

Demographics for 07652, NJ

26,698
Population
8,898
Households
3
Avg Household Size
48
Median Age
50%
College-Educated
94%
High-School Grad
10.4 sq mi
ZIP Area
2,567
Density / Sq Mi
$139,707
Median Household Income
$66,256
Median Earnings
$2,845
Median Rent
$736,000
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 - Five bedrooms and four full baths are arranged across a primary residence and separate studio living space.
Where is this duplex located?
The property is located at 238 Monroe Ave Paramus, NJ.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 5‑bedroom, 4‑bath duplex configuration with a separate studio apartment; Main residence includes 4 bedrooms and 3 full baths; Studio includes a fifth bedroom, living area, small kitchen, and fourth full bath
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