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Two-Family Duplex with Walkout Spaces
For Sale
$499,000

490 27th Street, Paterson, NJ 07514

Two-unit residential property with separate layouts, finished attic space, and an unfinished basement requiring renovation.

Property SizeContact for details
Days on Market12

Property Features for 490 27th Street

General Information

Standard status Active
Property subtype MULTI_FAMILY

Units

Unit Mix 1 x 3BR/1BA, 1 x 5BR/2BA
Multifamily Units 2

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $10,611
Listing Agency: Keller Williams City Views Realty
Listed By: Jonathan Jimenez Cardona · License #1865279
Source: Tarvinrealtors
Added: Sep 16 Changed: Sep 23 Last Checked: Sep 26 at 12:43PM

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 Keller Williams City Views Realty

Investment Insights

Based on property information with market context.

Built in 1920, this two-family duplex includes separate residential layouts and additional walkout spaces. The first-floor unit has 3 bedrooms, 1 full bath, a formal living room, dining room, and kitchen. The second-floor unit provides 5 bedrooms and 2 baths, along with a finished walkout attic that adds flexible space.

A high-ceiling unfinished walkout basement offers additional storage or recreational area. The property is being sold strictly As-Is, with renovation and improvement needs to be evaluated by the buyer. Located at 490 E 27Th St in Paterson, the property has a Walk Score of 85, a Transit Score of 52, and a Bike Score of 50.

Key Highlights

  • Two‑family duplex at 490 E 27Th St, Paterson, NJ 07514‑1908
  • First‑floor unit with 3 bedrooms, 1 full bath, living room, dining room, and kitchen
  • Second‑floor layout includes 5 bedrooms and 2 baths

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Storage Facility Cafe & Coffee Shop Travel Agency

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

1,733
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

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-unit residential property with separate layouts, finished attic space, and an unfinished basement requiring renovation.
Where is this duplex located?
The property is located at 490 27th Street Paterson, NJ.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two‑family duplex at 490 E 27Th St, Paterson, NJ 07514‑1908; First‑floor unit with 3 bedrooms, 1 full bath, living room, dining room, and kitchen; Second‑floor layout includes 5 bedrooms and 2 baths
More about this property
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