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Three-Unit Triplex with Finished Basement
For Sale
$699,999

422 6Th Ave, Paterson, NJ 07514

Month-to-month tenancies and a separate-entry basement provide flexibility for residential income use.

Property SizeContact for details
Days on Market10

Property Features for 422 6Th Ave

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Multi Family

Additional Details

Highway Access Yes
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $10,723

Building Details

Year Built 1930
Units 3
Listing Agency: Realty Empire, LLC
Listed By: SHEILA TERRONES
Source: Elliman
Added: Sep 18 Changed: Sep 24 Last Checked: Sep 26 at 10:57AM

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 Empire, LLC

Investment Insights

Based on property information with market context.

Located at 422 6th Ave in Paterson, New Jersey, this 1930 triplex contains three residential units with a combined seven bedrooms and four full bathrooms. A finished basement with its own entrance adds usable interior space, while the four-car driveway provides off-street parking.

Current tenants are on month-to-month arrangements, allowing flexibility for an investor or owner-occupant. The property is situated near major highways, shopping, and houses of worship. WalkScore is 50, BikeScore is 40, and TransitScore is 39, reflecting somewhat walkable, somewhat bikeable, and some-transit conditions.

Key Highlights

  • Three‑unit triplex with 7 bedrooms and 4 full bathrooms
  • Finished basement with a separate entrance
  • 4‑car driveway provides off‑street parking

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Law Firm (Bike/Boat/Book/etc) Store Clothing & Fashion Store Veterinary Clinic 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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,389
Businesses Nearby

Demographics for 07514, NJ

19,200
Population
6,752
Households
2.8
Avg Household Size
37
Median Age
12%
College-Educated
78%
High-School Grad
0.9 sq mi
ZIP Area
21,333
Density / Sq Mi
$65,492
Median Household Income
$34,962
Median Earnings
$1,472
Median Rent
$314,400
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 - Month-to-month tenancies and a separate-entry basement provide flexibility for residential income use.
Where is this triplex located?
The property is located at 422 6Th Ave Paterson, NJ.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: Three‑unit triplex with 7 bedrooms and 4 full bathrooms; Finished basement with a separate entrance; 4‑car driveway provides off‑street parking
More about this property
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