Four-Unit Residential Income
For Sale
$599,900
Pending
390 Totowa, Paterson, NJ 07501
Four separate one-bedroom units with individual utilities and one currently vacant unit for flexible owner-occupant or investor use.
Property SizeContact for details
Days on Market55
Property Features for 390 Totowa
General Information
Standard status
Pending
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$11,054
Building Details
Year Built
1990
Units
4
Listing Agency:
Realty ONE Group Legend
(973) 686-7777
Listed By:
OTHONIEL GOMEZ
Source:
Elliman
Added: Jun 18
Changed: Aug 8
Last Checked: Jul 16 at 4:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty ONE Group Legend
Investment Insights
Based on property information with market context.
This well-maintained four-unit residential income building is configured as four separate apartments, each with its own one-bedroom layout. The property features four independent sets of utilities, supporting straightforward management and tenant billing. As an added benefit, one unit is currently vacant, creating an opportunity for an owner occupant to move in while helping offset housing costs.
The building is located at 390 Totowa in Paterson, NJ 07501. The surrounding area shows a Walk Score of 75 (Very Walkable), a Bike Score of 50 (Bikeable), and a Transit Score of 35 (Some Transit), which can be practical for residents who rely on day-to-day mobility options.
For buyers looking for a manageable starter income property, the unit count and separate utilities can simplify operations. For owner occupants, the availability of a vacant unit offers the chance to occupy one apartment while the remaining units continue to provide rental income potential. The combination of a maintained exterior and independent utility setups supports a practical, self-contained multi-family ownership experience.
The building is located at 390 Totowa in Paterson, NJ 07501. The surrounding area shows a Walk Score of 75 (Very Walkable), a Bike Score of 50 (Bikeable), and a Transit Score of 35 (Some Transit), which can be practical for residents who rely on day-to-day mobility options.
For buyers looking for a manageable starter income property, the unit count and separate utilities can simplify operations. For owner occupants, the availability of a vacant unit offers the chance to occupy one apartment while the remaining units continue to provide rental income potential. The combination of a maintained exterior and independent utility setups supports a practical, self-contained multi-family ownership experience.
Key Highlights
- 1990‑built 4‑family property with four separate 1‑bedroom units
- Each unit has separate utilities
- One unit is currently vacant, allowing flexible owner‑occupant or investor use
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,810
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four separate one-bedroom units with individual utilities and one currently vacant unit for flexible owner-occupant or investor use.
Where is this quadplex located?
The property is located at 390 Totowa Paterson, NJ.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 1990‑built 4‑family property with four separate 1‑bedroom units; Each unit has separate utilities; One unit is currently vacant, allowing flexible owner‑occupant or investor use
