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Three-Story Triplex with Updated Interiors
For Sale
$749,999

363 Summer St, Paterson, NJ 07501

Multi-Family, 3-Three Story, Triplex, Paterson City, NJ

Property SizeContact for details
Lot Size0.08 Acres
Days on Market78

Property Features for 363 Summer St

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 8
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 4, Bathroom 3, Bathroom 5, Bathroom 4, Bathroom 2, Bedroom 7, Bathroom 1, Bedroom 8, Bedroom 3, Bedroom 6, Bedroom 1, Bedroom 5, Bedroom 2
Parking 6
Security features Security System
Interior features Security System, Smoke Detector
Exterior features Storage Shed
Elementary school R. CLEMENTE
Middle school R. CLEMENTE
High school EASTSIDE
Directions Between Market Street and Park ave
Standard status Active
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 12494

Utilities

Sewer type Public Sewer
Water source Public

Amenities

fenced front yard

Building Details

Year built 2005
Floors in Building 3
Number of units 3
Roof type Shingle
Architectural style Other
Additional Structures Storage
Listing Agency: KELLER WILLIAMS PROSPERITY REALTY · Keller Williams Realty
Listed By: CLIFFORD PAGE
Added: Jun 27 Changed: Sep 5 Last Checked: Sep 12 at 4:06AM
MLS# 4037352

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.

Built in 2005, this three-story triplex contains 8 bedrooms and 5 bathrooms across a three-family configuration. The property includes updated interior finishes, separate utilities, a fenced front yard, and a storage shed. Security and smoke detectors are also present. Public water and public sewer serve the building, which has a shingle roof and a 0.08-acre lot.

The property is in Paterson's East Side Redevelopment District, with access to Route 80, Route 20, and NJ Transit. Shopping corridors, laundromats, schools, and other everyday services are identified in the surrounding area. The layout and utility separation support continued multifamily use for an owner-occupant or investor.

Key Highlights

  • Three‑family triplex built in 2005
  • 8 bedrooms and 5 bathrooms
  • 0.08‑acre lot in Paterson's East Side Redevelopment District

Property Analytics

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Current Use

Triplexes

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

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,662
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 - Three-family property with separate utilities, public services, and layouts suited to rental occupancy.
Where is this triplex located?
The property is located at 363 Summer St Paterson, NJ.
What is the asking price?
The asking price for this property is $749,999.
What are key features of this property?
This property features: Three‑family triplex built in 2005; 8 bedrooms and 5 bathrooms; 0.08‑acre lot in Paterson's East Side Redevelopment District
More about this property
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