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Three-Unit Residential Property with Fenced Yard
New
For Sale
$999,999

31 12th Avenue, Paterson, NJ 07501

Recently constructed triplex with spacious layouts, in-unit laundry hookups, and convenient access to regional transportation.

Property SizeContact for details
Days on Market4

Property Features for 31 12th Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $1,168

Amenities

high ceilings
large windows
washer and dryer hookups
private fully fenced backyard

Building Details

Year Built 2022
Buildings 1
Construction vinyl and brick siding
Listing Agency: Realty One Group Legend, Clifton
Listed By: Samir Y. Genid · License #294552
Source: Tarvinrealtors
Added: Sep 9 Changed: Sep 11 Last Checked: Sep 11 at 7:08AM

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 Realty One Group Legend, Clifton

Investment Insights

Based on property information with market context.

Built in 2022, this three-unit residential property combines vinyl and brick exterior finishes with high ceilings, large windows, and functional living areas. The unit mix includes one two-bedroom, one-bath residence of approximately 1,186 square feet and two three-bedroom, two-bath residences of approximately 1,666 square feet each. Washer and dryer hookups are provided, and a private fully fenced backyard adds outdoor space for residents.

The property is located near Routes 4, 21, 80, and 3, with access to NJ Transit bus and train service. Passaic County Community College, restaurants, shopping, parks, and other daily conveniences are also nearby. WalkScore is 85, BikeScore is 50, and TransitScore is 52.

Key Highlights

  • Three‑unit property built in 2022
  • Unit mix includes one 2‑bedroom and two 3‑bedroom residences
  • Unit 1 offers approximately 1,186 sq. ft.; Units 2 and 3 offer approximately 1,666 sq. ft. each

Property Analytics

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Current Use

Kemol Bar & Pub

Suggested Use

Top Pick Real Estate Agency Nursing Home Pet Grooming Service (Bike/Boat/Book/etc) Store Veterinary Clinic Restaurant

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,333
Businesses Nearby

Demographics for 07501, NJ

37,918
Population
13,119
Households
2.9
Avg Household Size
33
Median Age
9%
College-Educated
71%
High-School Grad
1.8 sq mi
ZIP Area
21,066
Density / Sq Mi
$40,699
Median Household Income
$32,103
Median Earnings
$1,442
Median Rent
$304,400
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
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Frequently Asked Questions

What type of property is this?
Triplex - Recently constructed triplex with spacious layouts, in-unit laundry hookups, and convenient access to regional transportation.
Where is this triplex located?
The property is located at 31 12th Avenue Paterson, NJ.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Three‑unit property built in 2022; Unit mix includes one 2‑bedroom and two 3‑bedroom residences; Unit 1 offers approximately 1,186 sq. ft.; Units 2 and 3 offer approximately 1,666 sq. ft. each
More about this property
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