Two-Unit Residential Income
New
For Sale
$680,000
509 E 31St St, Paterson, NJ 07504
Two-family residence with 2-car garage, basement with full bathroom, and multiple bedrooms plus attic rooms.
Days on Market7
Property Features for 509 E 31St St
General Information
Standard status
Active
Total Parking Spaces
2
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1965
Tenancy
Multi
Listing Agency:
UNITED REAL ESTATE
(973) 340-1202
Listed By:
JOSE GIGNOUX · License #258898
Source:
Elliman
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 29 at 11:00AM
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.
This two-family residential income property offers two separate living levels with formal living and dining rooms, eat-in kitchens, and full bathrooms. The first floor includes two bedrooms and an additional pantry, while the second floor features multiple rooms including three bedrooms and a full bath. Additional attic space includes three extra rooms and a full bathroom, supported by a basement with a full bathroom. A 2-car garage is also included.
The property is described as being located in a quiet neighborhood with walkScore and transitScore indicating easy daily walkability and good public transit access, along with a bikeScore that suggests it is bikeable.
The property is described as being located in a quiet neighborhood with walkScore and transitScore indicating easy daily walkability and good public transit access, along with a bikeScore that suggests it is bikeable.
Key Highlights
- Two‑family residence built in 1965 in a quiet neighborhood
- Basement includes a full bathroom
- 2‑car garage
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,562
Businesses Nearby
Explore this area
Business Placement
Demographics for 07504, NJ
13,413
Population
4,105
Households
3.3
Avg Household Size
36
Median Age
18%
College-Educated
85%
High-School Grad
0.8 sq mi
ZIP Area
16,766
Density / Sq Mi
$67,269
Median Household Income
$37,024
Median Earnings
$1,426
Median Rent
$369,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family residence with 2-car garage, basement with full bathroom, and multiple bedrooms plus attic rooms.
Where is this duplex located?
The property is located at 509 E 31St St Paterson, NJ.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Two‑family residence built in 1965 in a quiet neighborhood; Basement includes a full bathroom; 2‑car garage