Residential Duplex with Fenced
29 N 4Th St, Paterson, NJ 07522
For Sale
New
$825,000
Multi-Family, 2-Two Story, Under/Over, Paterson City, NJ
Property Size2,700 SF
Lot Size0.08 Acres
Price / SF$305.56
Days on Market5
Property Features for 29 N 4Th St
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Interior features
Exterior features
Fencing
Lot features
Directions
Standard status
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
smart home features
fenced backyard
Building Details
Year built
Floors in Building
Number of units
Roof type
Architectural style
Buildings
Listing Agency:
UNITED REAL ESTATE
Listed By:
SERGIO LIMONTA · License NJ #249627
(888) 501-6953
Added: Nov 9
Changed: Nov 10
Last Checked: Nov 13 at 11:06PM
MLS# 4063762
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.
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Investment Insights
Based on property information with market context.
Built in 2006, this residential duplex contains 2,700 square feet across two units. The larger unit spans two levels and has three bedrooms and three full bathrooms; the second offers three bedrooms and two full bathrooms. The property also includes smart home features, forced-air heat, central air conditioning, and public water and sewer service.
The 0.08-acre parcel has a privacy-fenced backyard and parking for up to five vehicles. A garage and driveway provide the on-site parking. The two-unit layout and six-bedroom, five-bathroom configuration define the property’s residential setup.
The 0.08-acre parcel has a privacy-fenced backyard and parking for up to five vehicles. A garage and driveway provide the on-site parking. The two-unit layout and six-bedroom, five-bathroom configuration define the property’s residential setup.
Key Highlights
- Two units with a combined 6 bedrooms and 5 full bathrooms
- 2,700 square feet of building area
- Built in 2006
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,188
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$903,760
$903.8K
Cap Rate 7%
$645,543
$645.5K
Cap Rate 9%
$502,089
$502.1K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$69.0K $25.56/SF
− Vacancy
−$4.5K −$1.65/SF
EGI
$64.6K $23.91/SF
− OpEx
−$19.4K −$7.17/SF
NOI
$45.2K $16.74/SF
Area
Paterson, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$903,760
Cap Rate 7%
$645,543
Cap Rate 9%
$502,089
Alternative Uses
Best Use
Multifamily LT 5
$645.5K
$564.9K – $753.1K
NOI $45,188 @ 7.0% cap · market cap 5.48%
Second Best
Apartment 5plus
$593.2K
$519.0K – $692.0K
NOI $41,521 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$705.0K
$616.9K – $822.5K
NOI $49,352 @ 7.0% cap · market cap 5.98%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,522
Businesses Nearby
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Business Placement
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
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Market
Properties on Market for Duplexes in Paterson
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate units provide a combined six bedrooms and five full bathrooms.
Where is this duplex located?
The property is located at 29 N 4Th St Paterson, NJ.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Two units with a combined 6 bedrooms and 5 full bathrooms; 2,700 square feet of building area; Built in 2006
