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Multifamily Property with Central Air
For Sale
$730,000

363-365 Summer Street, Paterson, NJ 07501

2-4 Family, Paterson, NJ

Property SizeContact for details
Days on Market12

Property Features for 363-365 Summer Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 6, Bedroom 8, Basement, Bedroom 3, Bedroom 7, Bathroom 2, Bedroom 1, Bedroom 5, Bathroom 4, Bathroom 3, Bedroom 2, Bedroom 4, Bathroom 5, Bathroom 1
Basement Finished
Subdivision Paterson
Standard status Active

Utilities

Cooling system Central Air

Amenities

fenced front yard
Listing Agency: Keller Williams Prosperity Realty · Keller Williams Realty
Listed By: Ronald Aiosa II · License #0568141
Added: Oct 2 Changed: Oct 13 Last Checked: Oct 13 at 5:06PM
MLS# 26037600

Copyright © 2026 New Jersey MLS Inc. 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 East Side Paterson multifamily property offers eight bedrooms and five updated bathrooms, with separate utilities and central air. Updated interiors and a fenced front yard are additional features.

The property is within Paterson’s Eastside Redevelopment District, with Route 80, Route 20, NJ Transit, shopping corridors, laundromats, schools, and everyday services nearby.

Key Highlights

  • 8 bedrooms and 5 updated bathrooms
  • Separate utilities and central air
  • Fenced front yard

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Nursing Home Veterinary Clinic (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Catering Service

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,337
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
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Separate utilities and a fenced front yard add practical features to this Paterson property.
Where is this multifamily property located?
The property is located at 363-365 Summer Street Paterson, NJ.
What is the asking price?
The asking price for this property is $730,000.
What are key features of this property?
This property features: 8 bedrooms and 5 updated bathrooms; Separate utilities and central air; Fenced front yard
More about this property
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