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Triplex with Wood Floors
For Sale
$775,000

490 Union Ave, Paterson, NJ 07522

MULTI_FAMILY - Paterson City, NJ

Property SizeContact for details
Lot Size0.06 Acres
Days on Market11

Property Features for 490 Union Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 9
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 6, Bathroom 3, Bedroom 9, Bathroom 1, Bedroom 7, Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 8, Bedroom 3, Bathroom 2, Bedroom 2, Basement
Patio and Porch features Porch
Interior features Smoke Detector, Wood Floors
Exterior features Open Porch(es)
Elementary school NUMBER 5
Middle school NUMBER 27
High school JFK
Directions See Google Maps
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 14559

Utilities

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

Building Details

Year built 1900
Floors in Building 3
Number of units 3
Roof type Shingle
Architectural style Other
Listing Agency: REALTY ONE GROUP LEGEND
Listed By: ZAKIRUL HIMEL
Added: Aug 1 Changed: Aug 3 Last Checked: Aug 11 at 10:06PM
MLS# 4044308

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.

Investment Insights

Based on property information with market context.

Located at 490 Union Ave in Paterson City, this triplex was built in 1900 and includes nine bedrooms, three bathrooms, and a basement. Interior features include wood flooring and smoke detectors, while the exterior offers an open porch. Steam heating, a shingle roof, public water, and public sewer complete the core property improvements.

The property sits on 0.06 acres and is positioned near shopping, restaurants, schools, parks, major highways, and public transportation. Its residential configuration and existing three-bathroom layout provide a defined multifamily asset for ownership or continued income-producing use.

Key Highlights

  • Triplex with 9 bedrooms and 3 bathrooms
  • 0.06‑acre lot in Paterson City, NJ
  • Built in 1900 with basement

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Catering Service Nursing Home (Bike/Boat/Book/etc) Store Restaurant Tanning Salon

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,001
Businesses Nearby

Demographics for 07522, NJ

23,345
Population
7,440
Households
3.1
Avg Household Size
31
Median Age
10%
College-Educated
77%
High-School Grad
0.9 sq mi
ZIP Area
25,939
Density / Sq Mi
$48,002
Median Household Income
$31,997
Median Earnings
$1,458
Median Rent
$264,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Three-unit residential property with a basement, porch, public utilities, and access to shopping, schools, transportation, and major highways.
Where is this triplex located?
The property is located at 490 Union Ave Paterson, NJ.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Triplex with 9 bedrooms and 3 bathrooms; 0.06‑acre lot in Paterson City, NJ; Built in 1900 with basement
More about this property
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