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Two-Story Duplex with Commercial Lot
For Sale
$499,900

51 Ryle Ave, Paterson, NJ 07522

Multi-Family, 2-Two Story, Paterson City, NJ

Property SizeContact for details
Lot Size0.06 Acres
Days on Market106

Property Features for 51 Ryle Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 1
Parking 10
Directions Totowa Ave to Ryle Ave
Standard status Active
Lot size 0.06 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5505

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1950
Floors in Building 2
Number of units 2
Roof type Flat
Architectural style Other
Listing Agency: REALTY ONE GROUP LEGEND
Listed By: YANET ITURRALDE SANTANA
Added: Jul 17 Changed: Oct 26 Last Checked: Oct 30 at 10:06PM
MLS# 4041521

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This two-story duplex was built in 1950 and occupies a 0.06-acre double lot. The property includes four bedrooms, two bathrooms, a basement, a flat roof, and a dedicated driveway. Public water and public sewer serve the building, while the commercial designation adds flexibility for evaluating future property use.

The property is located near NYC transit and major highways. Existing tenants are on month-to-month arrangements, and the parcel includes a separate commercial lot component. The combination of residential improvements, site area, and commercial designation provides a range of factors for an owner or developer to assess.

Key Highlights

  • Two‑story duplex built in 1950
  • 0.06‑acre double lot with commercial designation
  • Four bedrooms, two bathrooms, and a basement

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Garden Center Veterinary Clinic Gym & Fitness Center Catering Service

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,979
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
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

Frequently Asked Questions

What type of property is this?
Duplex - Two-family property with a dedicated driveway, month-to-month tenancy, and commercial designation.
Where is this duplex located?
The property is located at 51 Ryle Ave Paterson, NJ.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two‑story duplex built in 1950; 0.06‑acre double lot with commercial designation; Four bedrooms, two bathrooms, and a basement
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