Listing Agency: Coldwell Banker, Ridgewood a***@gmail.com Show Phone

Listed By: Alina Nolan Show Phone

Source: Exprealty

Added: Jul 13 Changed: Aug 14 Last Checked: Aug 16 at 9:27AM

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Investment Insights

Based on property information with market context.

This two-family property contains separate residential apartments with updated kitchens and bathrooms. The first-floor unit includes a living room, dining room, two bedrooms, and stainless steel appliances with white cabinetry. The upper apartment has been recently painted and provides two bedrooms, an additional small room suited to a bedroom or office, and refreshed kitchen and bath finishes.

Exterior improvements include vinyl siding and replacement windows. The property also has two newer furnaces and a newer hot water heater. Located at 3 S Farview Ave in Paramus, the home is described as convenient to New York transportation and shopping.

Key Highlights

• Two‑family duplex with separate residential apartments
• First‑floor unit includes living room, dining room, two bedrooms, and updated kitchen
• Second‑floor unit offers two bedrooms plus a small bedroom or office

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Garden Center Storage Facility Catering Service (Bike/Boat/Book/etc) Store Florist Veterinary 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.

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

2,032

Businesses Nearby

Explore this area Business Placement

Demographics for 07652, NJ

26,698

Population

8,898

Households

3

Avg Household Size

48

Median Age

50%

College-Educated

94%

High-School Grad

10.4 sq mi

ZIP Area

2,567

Density / Sq Mi

$139,707

Median Household Income

$66,256

Median Earnings

$2,845

Median Rent

$736,000

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Duplex - Two residential units offer refreshed kitchens and baths, flexible bedroom layouts, replacement windows, and separate heating systems.

Where is this duplex located?

The property is located at 3 S Farview Ave Paramus, NJ.

What is the asking price?

The asking price for this property is $799,900.

What are key features of this property?

This property features: Two‑family duplex with separate residential apartments; First‑floor unit includes living room, dining room, two bedrooms, and updated kitchen; Second‑floor unit offers two bedrooms plus a small bedroom or office