Modern Two-Family
New
For Sale
$679,900
242 GRAHAM AVE, Paterson, NJ 07501
2 Family, Paterson, NJ
Property SizeContact for details
Days on Market5
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
Bathroom 1, Bathroom 2, Bedroom 8, Bedroom 3, Bathroom 5, Bedroom 2, Basement, Bathroom 4, Bedroom 1, Bedroom 6, Bathroom 3, Bedroom 4, Bedroom 7, Bedroom 5
Directions
Hamilton Ave & Godwin Ave
Subdivision
Paterson
Standard status
Active
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
2537
Listing Agency:
ACCESS HOMES REALTY
Listed By:
MARIA CARMONA VIDAL · License #2322540
(201) 766-2565
Added: Sep 21
Last Checked: Sep 25 at 5:06AM
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.
Investment Insights
Based on property information with market context.
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
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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 - 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
