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Multifamily Building with Six Units
For Sale
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264 9th Ave, Paterson, NJ 07524

Multifamily building featuring six units, offered for sale.

Property SizeContact for details
Days on Market152

Property Features for 264 9th Ave

General Information

Standard status Active
Class B
Property subtype Multifamily
Occupancy 100%
Investment Type Stabilized
Net Operating Income $89,421

Building Details

Year Renovated 2025
Buildings 1
Stories 3
Units 6
Listing Agency: Rose Real Estate
Listed By: Lauren Federgreen · License #0897356
Source: Crexi
Added: Mar 24 Changed: Aug 8 Last Checked: Aug 8 at 3:23PM

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 Rose Real Estate

Investment Insights

Based on property information with market context.

This multifamily property features six units. The property is being offered for sale.

Key Highlights

  • Multifamily property with 6 units.
  • Priced at $175,000 per unit.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Dental Office Cafe & Coffee Shop Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,701
Businesses Nearby

Demographics for 07524, NJ

14,130
Population
4,670
Households
3
Avg Household Size
33
Median Age
13%
College-Educated
73%
High-School Grad
0.8 sq mi
ZIP Area
17,663
Density / Sq Mi
$50,033
Median Household Income
$31,934
Median Earnings
$1,386
Median Rent
$360,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily building featuring six units, offered for sale.
Where is this apartment building located?
The property is located at 264 9th Ave Paterson, NJ.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Multifamily property with 6 units.; Priced at $175,000 per unit.
More about this property
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