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Updated Three-Unit Triplex
For Sale
$890,000

249-253 Temple St, Paterson, NJ 07522

Two units offer three bedrooms apiece, while the third-floor residence has two bedrooms.

Property SizeContact for details
Lot Size0.14 Acres
Days on Market20

Property Features for 249-253 Temple St

General Information

Standard status Active
Total Parking Spaces 4
Lot size 0.14 Acres
Property subtype Multi Family Home

Units

Unit Mix 2 x 3BR, 1 x 2BR
Multifamily Units 3

Amenities

finished basement
oversized yard
Smoke Detector

Building Details

Year Built 1930
Buildings 1
Stories 3
Units 3
Listing Agency: Exp Realty, LLC
Listed By: Hugo Meza · License #276489
Source: Culturaunitedrealty
Added: Oct 8 Changed: Oct 26 Last Checked: Oct 26 at 3:43AM

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 Exp Realty, LLC

Rey
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Investment Insights

Based on property information with market context.

This legal three-family property contains three updated apartments. The first- and second-floor units each have three bedrooms, a living room, and an eat-in kitchen; the third-floor unit includes two bedrooms, a living room, and a kitchen. A finished basement with a bathroom adds usable interior space. The property also has a new roof and new mechanical systems.

The 62-by-100-foot lot includes an oversized yard, a driveway, and a two-car garage, with additional off-street parking. Built in 1930, the property combines three separate living spaces with on-site parking and outdoor space.

Key Highlights

  • Legal three‑family property with three updated units
  • First- and second‑floor units each have 3 bedrooms; third‑floor unit has 2 bedrooms
  • 62 x 100 lot with an oversized yard

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,347
Businesses Nearby

Demographics for 07522, NJ

23,345
Population
7,440
Households
3.1
Avg Household Size
31
Median Age
10%
College-Educated
77%
High-School Grad
0.9 sq mi
ZIP Area
25,939
Density / Sq Mi
$48,002
Median Household Income
$31,997
Median Earnings
$1,458
Median Rent
$264,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Two units offer three bedrooms apiece, while the third-floor residence has two bedrooms.
Where is this triplex located?
The property is located at 249-253 Temple St Paterson, NJ.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: Legal three‑family property with three updated units; First- and second‑floor units each have 3 bedrooms; third‑floor unit has 2 bedrooms; 62 x 100 lot with an oversized yard
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