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Updated Triplex Building
For Sale
$730,000

363 Summer St, Paterson, NJ 07501

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

Property SizeContact for details
Lot Size0.08 Acres
Days on Market11

Property Features for 363 Summer St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 8, Bathroom 4, Bathroom 5, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 5, Bathroom 1, Bedroom 4, Basement, Bathroom 3, Bedroom 6, Bedroom 7, Bedroom 3
Parking 6
Security features Security System
Interior features Security System, Smoke Detector
Exterior features Storage Shed
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: Sep 17 Last Checked: Sep 27 at 12:06PM
MLS# 4053457

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 2005 triplex in Paterson offers 8 bedrooms and 5 updated bathrooms across functional multifamily layouts. Interior improvements are complemented by separate utilities, a security system, smoke detectors, and a storage shed. The property also includes a fenced front yard and a shingle roof.

Set on 0.08 acres, the property is served by public water and public sewer. Its East Side location provides access to Route 80, Route 20, NJ Transit, shopping corridors, laundromats, schools, and everyday conveniences. The property is within Paterson’s Eastside Redevelopment District.

Key Highlights

  • Triplex with 8 bedrooms and 5 updated bathrooms
  • Separate utilities support individual unit operations
  • Updated interiors with functional multifamily layouts

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

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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Multifamily property with separate utilities, refreshed interiors, and a fenced front yard in Paterson’s East Side.
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 $730,000.
What are key features of this property?
This property features: Triplex with 8 bedrooms and 5 updated bathrooms; Separate utilities support individual unit operations; Updated interiors with functional multifamily layouts
More about this property
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