Mixed-Use Income
337 E 29Th St Paterson, NJ 07514
For Sale
$650,000
Pending
MULTI_FAMILY - Paterson City, NJ
Property Size2,188 SF
Lot Size0.12 Acres
Days on Market221
Property Features for 337 E 29Th St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Rooms
Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 5, Bathroom 1, Basement
Parking
4
Interior features
Wood Floors
Exterior features
Privacy Fence, Sidewalk
Fencing
Privacy
Standard status
Pending
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
10791
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Floors in Building
2
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing Agency:
REALTY ONE GROUP PRODIGY
(973) 661-1719
Listed By:
JUANA BEATRIZ LOPEZ
(973) 277-2575
Added: Dec 20, 2025
Changed: Jul 13
Last Checked: Jul 29 at 11:06PM
MLS# 4002339
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.
Located at 337–341 E 29th Street in Paterson City, NJ, this mixed-use property includes approximately 2,188 sq ft of interior space. The floorplan is described as flexible and able to support multiple configurations, with an expansive layout intended to accommodate different approaches to reconfiguration.
The property sits on a deep 5,100 sq ft lot and is positioned in the Eastside area near local schools and transportation, with access to shopping and downtown amenities.
For buyers seeking a residential income property with adaptable space, this offering provides a substantial footprint and a lot size suited to a variety of interior layout possibilities.
The property sits on a deep 5,100 sq ft lot and is positioned in the Eastside area near local schools and transportation, with access to shopping and downtown amenities.
For buyers seeking a residential income property with adaptable space, this offering provides a substantial footprint and a lot size suited to a variety of interior layout possibilities.
Key Highlights
- Approx. 2,188 sq ft interior space in a mixed‑use property at 337‑341 E 29th Street
- 5,100 sq ft lot with a flexible floorplan that can support multiple configurations
- Wood floors and shingle roof
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.9k | $25.56 |
| − Vacancy | −$3.6k | −$1.65 |
| EGI | $52.3k | $23.91 |
| − OpEx | −$15.7k | −$7.17 |
| NOI | $36.6k | $16.74 |
2,188 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$523.1K
$457.7K – $610.3K
NOI $36,619 @ 7.0% cap · market cap 5.63%
Second Best
Apartment 5plus
$480.7K
$420.6K – $560.8K
NOI $33,647 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$571.3K
$499.9K – $666.6K
NOI $39,993 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Approx. 2,188 sq ft mixed-use property on a deep 5,100 sq ft lot with a flexible interior floorplan.
Where is this duplex located?
The property is located at 337 E 29Th St Paterson, NJ.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Approx. 2,188 sq ft interior space in a mixed‑use property at 337‑341 E 29th Street; 5,100 sq ft lot with a flexible floorplan that can support multiple configurations; Wood floors and shingle roof
