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Three-Family Property with Basement
For Sale
$869,000

533 11th Avenue, Paterson, NJ 07514

Three-level residential income property with separate living areas and partially finished lower-level storage.

Property SizeContact for details
Days on Market191

Property Features for 533 11th Avenue

General Information

Standard status Active
Property subtype Multi Family / 3-Three Story

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $16,911

Amenities

Yes
Asphalt Shingle
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Finished, Full
Aluminum Siding

Building Details

Year Built 1940
Listing Agency: COLDWELL BANKER SUSANI REALTY
Listed By: SAMUEL RIVERA · License #239911
Source: Compass
Added: Feb 21 Changed: Aug 30 Last Checked: Aug 30 at 7:13PM

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 COLDWELL BANKER SUSANI REALTY

Investment Insights

Based on property information with market context.

This legal three-family property, built in 1940, is arranged across three levels. The first floor includes a formal living room, formal dining room, kitchen, three bedrooms, and a sitting room. The second floor offers a similar layout with its own living and dining rooms, kitchen, three bedrooms, and sitting room. The upper level contains a living room, kitchen, bedroom, and full bathroom and is currently used as a two-bedroom unit.

A full basement is partially finished and includes storage that can be used by tenants. The property has aluminum siding, an asphalt shingle roof, and carbon monoxide, fire, and smoke detection equipment. It is located at 533 11th Avenue in Paterson, near the Upper East Side.

Key Highlights

  • Legal three‑family property built in 1940
  • First and second floors each include 3 bedrooms, living and dining rooms, kitchen, and sitting room
  • Upper level includes living room, kitchen, bedroom, and full bathroom; currently used as a two‑bedroom unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Storage Facility (Bike/Boat/Book/etc) Store Tech Support Center

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

1,551
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-level residential income property with separate living areas and partially finished lower-level storage.
Where is this triplex located?
The property is located at 533 11th Avenue Paterson, NJ.
What is the asking price?
The asking price for this property is $869,000.
What are key features of this property?
This property features: Legal three‑family property built in 1940; First and second floors each include 3 bedrooms, living and dining rooms, kitchen, and sitting room; Upper level includes living room, kitchen, bedroom, and full bathroom; currently used as a two‑bedroom unit
More about this property
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