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Triplex with Finished Basement
New
For Sale
$699,900

393 Straight Street, Paterson, NJ 07501

The vacant second floor offers immediate owner-occupancy or rental use.

Property SizeContact for details
Days on Market4

Property Features for 393 Straight Street

General Information

Standard status Active
Property subtype MULTI_FAMILY

Additional Details

Public Transit Yes
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $14,895

Building Details

Buildings 1
Stories 3
Listing Agency: Casa Real Property Group LLC
Listed By: Nancy Pavic · License #242229
Source: Tarvinrealtors
Added: Sep 2 Changed: Sep 4 Last Checked: Sep 5 at 7:54AM

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 Casa Real Property Group LLC

Investment Insights

Based on property information with market context.

This legal three-family residence is arranged across three floors, with each level offering 3 bedrooms. Separate utilities serve the units, supporting distinct household operations. A finished basement adds usable space and includes a full bathroom.

The second floor is currently vacant, providing an immediate occupancy or leasing option. The property is located in Paterson near public transportation, shopping, and major amenities.

Key Highlights

  • Legal 3‑family residence arranged across three floors
  • Each floor includes 3 bedrooms
  • Separate utilities for the units

Property Analytics

Current Use

Triplexes

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

3,613
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?
Triplex - The vacant second floor offers immediate owner-occupancy or rental use.
Where is this triplex located?
The property is located at 393 Straight Street Paterson, NJ.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Legal 3‑family residence arranged across three floors; Each floor includes 3 bedrooms; Separate utilities for the units
More about this property
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