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Updated Triplex With Basement Potential
For Sale
$749,900

509 East 26th Street, Paterson, NJ 07514

Three-family property with separate utilities, a backyard, and a renovated first-floor apartment.

Property SizeContact for details
Days on Market235

Property Features for 509 East 26th Street

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Public Transit Yes
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $11,453

Amenities

backyard
private entrance
8
3
3.0
14
UNFINISHED
Vinyl Siding

Building Details

Year Built 2020
Buildings 1
Listing Agency: Casa Real Property Group LLC
Listed By: Nancy Pavic · License #242229
Source: Compass
Added: Jan 8 Changed: Aug 29 Last Checked: Aug 31 at 12:52AM

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 Casa Real Property Group LLC

Investment Insights

Based on property information with market context.

This triplex in Paterson, New Jersey, contains eight bedrooms and three full bathrooms across three apartments. The first-floor residence has been fully renovated, while the building also features new siding and separate utilities. An unfinished basement with its own entrance provides additional space for future completion. The property includes a backyard and a roof approximately seven years old.

Located at 509 East 26th Street, the home is near restaurants, shopping, schools, and transportation. Built in 2020, the property combines a three-family configuration with updated exterior elements and an unfinished lower level.

Key Highlights

  • Eight bedrooms and three full bathrooms across a three‑family property
  • Fully renovated first‑floor apartment
  • Unfinished basement with private entrance

Property Analytics

Current Use

Triplexes

Suggested Use

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

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

3
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

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?
Triplex - Three-family property with separate utilities, a backyard, and a renovated first-floor apartment.
Where is this triplex located?
The property is located at 509 East 26th Street Paterson, NJ.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Eight bedrooms and three full bathrooms across a three‑family property; Fully renovated first‑floor apartment; Unfinished basement with private entrance
More about this property
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