Modern Two-Family
242 GRAHAM AVE, Paterson, NJ 07501
For Sale
$679,900
2 Family, Paterson, NJ
Property SizeContact for details
Days on Market55
Property Features for 242 GRAHAM AVE
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Directions
Subdivision
Standard status
Additional Details
Tenant in Place
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Annual Amount
Listing Agency:
ACCESS HOMES REALTY
Listed By:
MARIA CARMONA VIDAL · License NJ #2322540
(201) 766-2565
Added: Sep 21
Changed: Nov 13
Last Checked: Nov 14 at 4:06AM
MLS# 260019039
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.
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Investment Insights
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Built in 2021, this two-unit duplex contains 8 bedrooms and 4.5 bathrooms across a modern residential layout. The property has been maintained in good condition, with central heating and air conditioning serving both units and separate utilities for each household. The roof and interior and exterior areas are also described as being in good condition.
The second-floor residence is vacant and can accommodate an owner or a new tenant. The first-floor unit is occupied under a month-to-month lease, providing existing rental income while preserving lease flexibility. A buyer planning to live at the property may request that the current tenant receive a Notice to Vacate after contractual contingencies are satisfied; the sale is not contingent on vacant delivery.
The second-floor residence is vacant and can accommodate an owner or a new tenant. The first-floor unit is occupied under a month-to-month lease, providing existing rental income while preserving lease flexibility. A buyer planning to live at the property may request that the current tenant receive a Notice to Vacate after contractual contingencies are satisfied; the sale is not contingent on vacant delivery.
Key Highlights
- Built in 2021 with 8 bedrooms and 4.5 bathrooms
- Two residential units with separate utilities
- Central heating and air conditioning in both units
Property Analytics
Who owns this building?
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Lease Details
2
Residential units
50%
Occupancy
Single-tenant
Tenancy
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
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-unit residential property with separate utilities, central HVAC, and flexible occupancy options.
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 $679,900.
What are key features of this property?
This property features: Built in 2021 with 8 bedrooms and 4.5 bathrooms; Two residential units with separate utilities; Central heating and air conditioning in both units
