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Duplex with Lower-Level Recreation Room
New
For Sale
$735,000

427-431 Edmund Avenue, Paterson, NJ 07502

Two living levels each offer three bedrooms, an eat-in kitchen, and separate living and dining rooms.

Property SizeContact for details
Days on Market4

Property Features for 427-431 Edmund Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $15,583

Amenities

covered patio
storage shed
Listing Agency: Coldwell Banker, Upper Montclair
Listed By: Mary Contini · License #240891
Source: Tarvinrealtors
Added: Oct 10 Changed: Oct 13 Last Checked: Oct 12 at 9:14PM

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 Coldwell Banker, Upper Montclair

Investment Insights

Based on property information with market context.

This two-family property has a three-bedroom layout on each floor, with a living room, dining room, eat-in kitchen, and 1½ baths per level. The lower level adds a large recreation room, a summer kitchen, and a full bath. Wood floors are among the interior features.

Outside, the property includes a yard with a covered patio and storage shed. An attached garage with an electric opener and a private driveway provide on-site vehicle access. The home is situated on a cul-de-sac.

Key Highlights

  • Two floors, each with 3 bedrooms, a living room, dining room, eat‑in kitchen, and 1½ baths
  • Lower level includes a recreation room, summer kitchen, and full bath
  • Yard with covered patio and storage shed

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

619
Businesses Nearby

Demographics for 07502, NJ

16,592
Population
4,861
Households
3.4
Avg Household Size
35
Median Age
17%
College-Educated
78%
High-School Grad
0.9 sq mi
ZIP Area
18,436
Density / Sq Mi
$68,649
Median Household Income
$32,407
Median Earnings
$1,492
Median Rent
$347,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Two living levels each offer three bedrooms, an eat-in kitchen, and separate living and dining rooms.
Where is this duplex located?
The property is located at 427-431 Edmund Avenue Paterson, NJ.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: Two floors, each with 3 bedrooms, a living room, dining room, eat‑in kitchen, and 1½ baths; Lower level includes a recreation room, summer kitchen, and full bath; Yard with covered patio and storage shed
More about this property
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