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Vacant Duplex with Finished Basement
For Sale
$649,000

495 Totowa Ave, Paterson, NJ 07522

Two vacant residences offer separate layouts, plus attic storage, a completed basement, and a detached garage.

Property SizeContact for details
Days on Market45

Property Features for 495 Totowa Ave

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Multi Family Home

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 1 x 2BR/1BA, 1 x 4BR/2BA
Multifamily Units 2

Building Details

Year Built 1940
Units 2
Listing Agency: United Real Estate
Listed By: Sami Nazir Wazzour
Source: Betterhomerealestate
Added: Jul 17 Changed: Aug 30 Last Checked: Aug 30 at 5:45PM

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 United Real Estate

Investment Insights

Based on property information with market context.

Built in 1940, this duplex contains two separate residences: one with two bedrooms and one bathroom, and another with four bedrooms and two bathrooms. Both apartments are scheduled for delivery vacant, allowing the next owner to determine occupancy and tenancy arrangements. Each unit provides a distinct residential layout, while the finished basement and attic add supporting space. A detached garage is also included with the property.

The home is positioned near shopping, schools, parks, major highways, and public transportation. Places of worship are located near the corner. Its two-unit configuration and existing additional spaces provide a residential income property format with flexibility for an owner-occupant or investor.

Key Highlights

  • Two‑unit duplex with one 2‑bedroom, 1‑bath residence and one 4‑bedroom, 2‑bath residence
  • Both apartments to be delivered vacant
  • Finished basement and bonus attic provide additional space

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Catering Service Nursing Home (Bike/Boat/Book/etc) Store Restaurant

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,810
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two vacant residences offer separate layouts, plus attic storage, a completed basement, and a detached garage.
Where is this duplex located?
The property is located at 495 Totowa Ave Paterson, NJ.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Two‑unit duplex with one 2‑bedroom, 1‑bath residence and one 4‑bedroom, 2‑bath residence; Both apartments to be delivered vacant; Finished basement and bonus attic provide additional space
More about this property
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