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Updated Duplex

428-430 Preakness Ave, Paterson, NJ 07502

For Sale
$750,000

The two-family property can accommodate an owner-occupant or rental use.

Property SizeContact for details
Days on Market34

Property Features for 428-430 Preakness Ave

General Information

Standard status Active
Property subtype Multi Family

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $11,950

Building Details

Year Built 1978
Buildings 1
Listing Agency: COLDWELL BANKER SUSANI REALTY
Listed By: HATM BASUF
Source: Tkregroupinc
Added: Oct 12 Changed: Nov 12 Last Checked: Nov 13 at 8:03PM

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 SUSANI REALTY

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Investment Insights

Based on property information with market context.

Built in 1978, this duplex has two residential units and has been updated. The property is offered in as-is condition.

Major highways, public transportation, schools, restaurants, shopping, and banks are nearby in Paterson, New Jersey.

Key Highlights

  • Two‑family property with two residential units
  • Built in 1978
  • Updated; offered in as‑is condition

Property Analytics

Lease Details

2
Residential units
Yes
Highway access

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

Properties on Market for Duplexes 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?
Duplex - The two-family property can accommodate an owner-occupant or rental use.
Where is this duplex located?
The property is located at 428-430 Preakness Ave Paterson, NJ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two‑family property with two residential units; Built in 1978; Updated; offered in as‑is condition
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