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Two-Story Duplex with Finished Basement
New
For Sale
$539,900

288 Totowa Ave, Paterson, NJ 07502

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

Property SizeContact for details
Lot Size0.06 Acres
Days on Market3

Property Features for 288 Totowa Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 7, Bedroom 5, Bedroom 1, Bathroom 2, Bedroom 4, Basement, Bedroom 2, Bedroom 6, Bedroom 3, Bathroom 1
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: Sep 25 Last Checked: Sep 27 at 12:06PM
MLS# 4055071

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 two-story duplex in Paterson has two bedrooms and one full bath on the first floor, plus three bedrooms and one full bath on the second. The finished basement adds two bedrooms and a full bath, bringing the property to seven bedrooms and three full baths. The home was built in 1950 and has a shingle roof.

The 0.06-acre property is served by public water and public sewer.

Key Highlights

  • Seven bedrooms and three full baths across the two floors and finished basement
  • Finished basement includes two bedrooms and one full bath
  • 0.06‑acre lot in Paterson

Property Analytics

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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.

Lease Details

3
Residential units

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - The upper and lower floors offer five bedrooms, while the finished basement adds two bedrooms and a full bath.
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 $539,900.
What are key features of this property?
This property features: Seven bedrooms and three full baths across the two floors and finished basement; Finished basement includes two bedrooms and one full bath; 0.06‑acre lot in Paterson
More about this property
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