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Two-Story Duplex with Basement
For Sale
$650,000
Pending

337 E 29Th St, Paterson, NJ 07514

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

Property Size2,188 SF
Lot Size0.12 Acres
Days on Market297

Property Features for 337 E 29Th St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bedroom 4, Basement, Bedroom 5, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1
Parking 4
Interior features Wood Floors
Exterior features Privacy Fence, Sidewalk
Fencing Privacy
Directions 11th ave to E 29th st
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
Listed By: JUANA BEATRIZ LOPEZ · License #404725
Added: Dec 20, 2025 Changed: Sep 16 Last Checked: Oct 13 at 6:06PM
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.

This two-story duplex at 337 E 29th St includes approximately 2,188 square feet of interior space on a 5,100-square-foot lot. The recorded room configuration includes five bedrooms, two bathrooms, and a basement, providing a substantial residential layout. Interior wood floors, a shingle roof, and a privacy-fenced exterior are also noted.

The property has public water and public sewer service, along with a sidewalk and privacy fencing. Its Paterson, NJ location places the building within a residential setting identified in the source information as near schools, transportation, shopping, and community resources.

Key Highlights

  • Duplex with approximately 2,188 square feet of interior space
  • Five‑bedroom, two‑bathroom room configuration
  • Two‑story layout with basement

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,619
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$732,380 $732.4K
Cap Rate 7%
$523,129 $523.1K
Cap Rate 9%
$406,878 $406.9K
Market Conditions
NOI Build-Up for 2,188 SF
Gross rent
$55.9K $25.56/SF
− Vacancy
−$3.6K −$1.65/SF
EGI
$52.3K $23.91/SF
− OpEx
−$15.7K −$7.17/SF
NOI
$36.6K $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%
$732,380
Cap Rate 7%
$523,129
Cap Rate 9%
$406,878

Alternative Uses

Best Use
Multifamily LT 5
$523.1K
$457.7K – $610.3K (±1% cap)
NOI $36,619 @ 7.0% cap · market cap 5.63%
Second Best
Apartment 5plus
$480.7K
$420.6K – $560.8K (±1% cap)
NOI $33,647 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$571.3K
$499.9K – $666.6K (±1% cap)
NOI $39,993 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Tech Support Center Veterinary Clinic Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,476
Businesses Nearby

Demographics for 07514, NJ

19,200
Population
6,752
Households
2.8
Avg Household Size
37
Median Age
12%
College-Educated
78%
High-School Grad
0.9 sq mi
ZIP Area
21,333
Density / Sq Mi
$65,492
Median Household Income
$34,962
Median Earnings
$1,472
Median Rent
$314,400
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?
Duplex - Residential income property with a five-bedroom layout, two bathrooms, and public water and sewer service.
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: Duplex with approximately 2,188 square feet of interior space; Five‑bedroom, two‑bathroom room configuration; Two‑story layout with basement
More about this property
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