2021 Two-Family
New
For Sale
$659,000
242 GRAHAM AVE, Paterson, NJ 07501
2 Family, Paterson, NJ
Property SizeContact for details
Days on Market3
Property Features for 242 GRAHAM AVE
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
5
Full bathrooms
4
Half bathrooms
1
Rooms
Bedroom 3, Bathroom 3, Bedroom 7, Bathroom 2, Basement, Bedroom 6, Bathroom 5, Bathroom 1, Bedroom 8, Bedroom 2, Bathroom 4, Bedroom 4, Bedroom 5, Bedroom 1
Directions
Hamilton Ave & Godwin Ave
Subdivision
Paterson
Standard status
Active
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
2537
Amenities
central heating and air conditioning
separate utilities
Listing Agency:
ACCESS HOMES REALTY
Listed By:
MARIA CARMONA VIDAL · License #2322540
(201) 766-2565
Added: Sep 10
Changed: Sep 11
Last Checked: Sep 12 at 4:06AM
MLS# 260018153
Copyright © 2026 Realty MLS, Inc. 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.
Built in 2021, this duplex contains two residential units with 8 bedrooms and 4.5 bathrooms. Both units feature modern layouts, central heating and air conditioning, and separately metered utilities. The property includes a maintained roof along with maintained interior and exterior components.
The second-floor unit is vacant and available for occupancy or leasing. The first-floor unit is occupied under a month-to-month lease, providing current rental income and flexibility regarding future occupancy. Buyers planning to occupy the property may request that the seller provide the tenant with a Notice to Vacate after contractual contingencies are satisfied; the sale is not contingent on delivery of the property vacant.
The second-floor unit is vacant and available for occupancy or leasing. The first-floor unit is occupied under a month-to-month lease, providing current rental income and flexibility regarding future occupancy. Buyers planning to occupy the property may request that the seller provide the tenant with a Notice to Vacate after contractual contingencies are satisfied; the sale is not contingent on delivery of the property vacant.
Key Highlights
- Two‑family duplex built in 2021
- 8 bedrooms and 4.5 bathrooms across two units
- Modern layouts with central heating and air conditioning
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,226
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
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate utilities support distinct occupancy and leasing arrangements.
Where is this duplex located?
The property is located at 242 GRAHAM AVE Paterson, NJ.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: Two‑family duplex built in 2021; 8 bedrooms and 4.5 bathrooms across two units; Modern layouts with central heating and air conditioning
