Four-Unit Property with
For Sale
$825,000
54 Genessee Ave, Paterson, NJ 07503
Multi-Family, Fourplex, Paterson City, NJ
Property SizeContact for details
Lot Size0.06 Acres
Days on Market53
Property Features for 54 Genessee Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 7, Basement, Bathroom 3, Bathroom 4, Bedroom 6, Bedroom 4, Bedroom 3, Bedroom 5
Directions
please google/apple maps
Standard status
Active
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
15796
Utilities
Heating system
Other (Heating), Steam
Water source
Public
Building Details
Year built
1927
Number of units
4
Roof type
Flat
Architectural style
Other
Listing Agency:
REAL
(855) 450-0442
Listed By:
GISELLE AZCONA-LUBBOCK
Added: Aug 11
Changed: Sep 14
Last Checked: Oct 2 at 4:06PM
MLS# 4046123
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.
Investment Insights
Based on property information with market context.
This four-unit residential property in Paterson includes a basement, seven bedrooms, and four bathrooms. The building dates to 1927 and is served by public water, steam and other heating systems, with a flat roof. The layout provides multiple residential units within a compact 0.06-acre parcel.
The property is situated near public transportation, schools, houses of worship, shopping, restaurants, and major roadways. Its four-unit configuration supports both an owner-occupant arrangement and continued use as a residential income property, as stated in the listing information.
The property is situated near public transportation, schools, houses of worship, shopping, restaurants, and major roadways. Its four-unit configuration supports both an owner-occupant arrangement and continued use as a residential income property, as stated in the listing information.
Key Highlights
- Four residential units on a 0.06‑acre parcel
- Seven bedrooms and four bathrooms
- Basement included
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,709
Businesses Nearby
Explore this area
Business Placement
Demographics for 07503, NJ
19,893
Population
6,560
Households
3
Avg Household Size
35
Median Age
15%
College-Educated
78%
High-School Grad
1.5 sq mi
ZIP Area
13,262
Density / Sq Mi
$60,295
Median Household Income
$35,611
Median Earnings
$1,605
Median Rent
$314,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Quadplex - Residential income property near public transportation, schools, shopping, restaurants, and major roadways.
Where is this quadplex located?
The property is located at 54 Genessee Ave Paterson, NJ.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Four residential units on a 0.06‑acre parcel; Seven bedrooms and four bathrooms; Basement included
