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Three-Unit Triplex with Finished Basement

422 6Th Ave, Paterson, NJ 07514

For Sale
$699,999
Pending

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

Property SizeContact for details
Lot Size0.08 Acres
Days on Market58

Property Features for 422 6Th Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bedroom 6, Bedroom 3, Bathroom 2, Basement, Bedroom 4, Bedroom 7, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 5
Parking 4
Directions Route 20 to 5th Ave to E 24th St to 6th Ave
Standard status Pending
Lot size 0.08 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10723

Utilities

Sewer type Public Sewer
Heating system Other (Heating), Hot Water(Heating)
Water source Public

Amenities

finished basement with separate entrance

Building Details

Year built 1930
Floors in Building 3
Number of units 3
Roof type Shingle
Architectural style Other
Buildings 1
Listing Agency: REALTY EMPIRE, LLC
Listed By: SHEILA TERRONES
Added: Sep 14 Changed: Nov 6 Last Checked: Nov 10 at 7:06AM
MLS# 4053303

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.

Rey
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Investment Insights

Based on property information with market context.

Located at 422 6th Ave in Paterson City, this 1930 triplex contains three separate units with a total of 7 bedrooms and 4 full bathrooms. The property also includes a finished basement with its own entrance, a shingle roof, hot-water heating, and public water and sewer service.

The 0.08-acre property provides a 4-car driveway for off-street parking. Tenancies are currently structured on a month-to-month basis. The property is situated near major highways, shopping, and houses of worship in the 07514-2147 area.

Key Highlights

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

Property Analytics

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Lease Details

3
Residential units
Multi-tenant
Tenancy

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
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Market

Average Price Trend$/SF for Triplexes in Paterson, NJ

$415 Jul
$656 Aug
$236 Sep
$181 Oct

Properties on Market for Triplexes in Paterson

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Finished basement and separate entrance add flexible space to this three-unit residential income property.
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 separate residential units with 7 bedrooms and 4 full bathrooms; Finished basement with separate entrance; 4‑car driveway provides off‑street parking
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