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Two-Story Duplex with Finished Basement
New
For Sale
$575,000

288 Totowa Ave, Paterson, NJ 07502

Multi-Family, 2-Two Story, Paterson City, NJ

Property SizeContact for details
Lot Size0.06 Acres
Days on Market1

Property Features for 288 Totowa Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Basement, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 5, Bedroom 2, Bedroom 3
Directions Preakness Ave to Totowa ave
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8941

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1950
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: HOMESMART FIRST ADVANTAGE · HomeSmart International
Listed By: KHALED A BASUF
Added: Aug 23 Last Checked: Aug 23 at 4:06PM
MLS# 4048369

Copyright © 2026 Garden State MLS, LLC. 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.

This duplex includes two residential floors with distinct bedroom and bathroom configurations. The first floor has 2 bedrooms and 1 full bath, while the second floor contains 3 bedrooms and 1 full bath. A fully finished basement adds living area and includes a private entrance.

Built in 1950, the property occupies a 0.06-acre lot and is served by public water and public sewer. Additional physical features include a shingle roof and a five-bedroom room count distributed across the two primary floors.

Key Highlights

  • 2‑bedroom first‑floor layout with 1 full bath
  • 3‑bedroom second‑floor layout with 1 full bath
  • Fully finished basement with private entrance

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Catering Service Pet Grooming Service (Bike/Boat/Book/etc) Store Restaurant Tanning Salon

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

1,288
Businesses Nearby

Demographics for 07502, NJ

16,592
Population
4,861
Households
3.4
Avg Household Size
35
Median Age
17%
College-Educated
78%
High-School Grad
0.9 sq mi
ZIP Area
18,436
Density / Sq Mi
$68,649
Median Household Income
$32,407
Median Earnings
$1,492
Median Rent
$347,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - The first and second floors provide separate bedroom layouts, with a finished basement and private entrance.
Where is this duplex located?
The property is located at 288 Totowa Ave Paterson, NJ.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 2‑bedroom first‑floor layout with 1 full bath; 3‑bedroom second‑floor layout with 1 full bath; Fully finished basement with private entrance
More about this property
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