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Four-Unit Residential Building
For Sale
$599,900
Pending

390 Totowa, Paterson, NJ 07501

MULTI_FAMILY - Paterson City, NJ

Lot Size0.07 Acres
Days on Market51

Property Features for 390 Totowa

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Basement, Bedroom 3, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 4, Bathroom 3
Directions Google Maps
Standard status Pending
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11054

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1990
Floors in Building 2
Number of units 4
Roof type Shingle
Architectural style Other
Listing Agency: REALTY ONE GROUP LEGEND
Listed By: OTHONIEL GOMEZ
Added: Jun 10 Changed: Jul 29 Last Checked: Jul 30 at 2:06PM
MLS# 4033722

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 four-unit residential building features four separate apartments, each with its own utilities. The property includes one vacant unit, creating an immediate option for an owner-occupant while maintaining rental income from the remaining units. The apartments are configured as one-bedroom homes, which can simplify tenanting and day-to-day management.

Located in Paterson City, Passaic County, the property sits on a relatively small lot (0.07 acres). The building is identified at 390 Totowa in Paterson City, NJ 07501. The listing information does not specify additional amenities, building size, or year built, so prospective buyers should plan to verify those details directly.

For investors, the primary value is the self-contained unit setup with separate utilities and the presence of a vacant unit for immediate occupancy or leasing. For an owner-occupant, the vacant apartment provides a way to move in while still having other units in the same building. With four distinct apartments under one roof, the property can also appeal to buyers seeking a manageable residential income structure, subject to confirmation of current and prospective rental terms during due diligence.

Key Highlights

  • 4‑family multi‑unit building with 4 separate units
  • All units have separate utilities, according to the listing
  • One unit is vacant, offering an owner‑occupant option

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Catering Service Pet Grooming Service Nursing Home (Bike/Boat/Book/etc) Store Restaurant

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

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,810
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four separate units with individual utilities and one vacant apartment, offering flexibility for owners and investors.
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: 4‑family multi‑unit building with 4 separate units; All units have separate utilities, according to the listing; One unit is vacant, offering an owner‑occupant option
More about this property
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