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

490 27th Street, Paterson, NJ 07514

2-4 Family, Paterson, NJ

Property SizeContact for details
Days on Market12

Property Features for 490 27th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Bedroom 2, Bathroom 2, Bedroom 7, Bedroom 4, Bedroom 1, Bathroom 3, Basement, Bedroom 6, Bathroom 1, Bedroom 3, Bedroom 8
Subdivision Paterson
Standard status Active

Utilities

Cooling system None (Cooling)
Listing Agency: Keller Williams City Views Realty · Keller Williams Realty
Listed By: Farhan Yousufi · License #281797
Added: Sep 16 Changed: Sep 25 Last Checked: Sep 27 at 5:06PM
MLS# 26035295

Copyright © 2026 New Jersey MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-unit duplex at 490 27th Street includes separate residential layouts on the first and second floors. The first-floor unit has 3 bedrooms, 1 full bath, a formal living room, dining room, and kitchen. The second-floor unit includes 5 bedrooms and 2 baths, with additional finished attic space accessed by a walkout.

A high-ceiling unfinished basement also provides walkout access and additional interior area. The property is offered strictly as-is, with no cooling system listed. It is located near transportation to New York City. Buyers are responsible for reviewing zoning, permits, existing use, renovations, and any potential conversion or finished-space options.

Key Highlights

  • Two residential units with 3‑bedroom and 5‑bedroom layouts
  • First floor includes 1 full bath, living room, dining room, and kitchen
  • Second floor includes 2 baths and a finished walkout attic

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
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?
Duplex - Two residential units offer distinct bedroom and bath layouts, plus attic and basement areas for renovation planning.
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 residential units with 3‑bedroom and 5‑bedroom layouts; First floor includes 1 full bath, living room, dining room, and kitchen; Second floor includes 2 baths and a finished walkout attic
More about this property
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