Two-Family Duplex
For Sale
$389,999
54 N 4th St, Paterson, NJ 07522
Vacant two-unit property with separate layouts and access to multiple regional routes.
Property Size1,412 SF
Price / SF$276.20
Days on Market47
Property Features for 54 N 4th St
General Information
Standard status
Active
Size
1,412 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Listing Agency:
KELLER WILLIAMS VILLAGE SQUARE
Listed By:
MARLON TATIS
(201) 445-4300
Source:
Luminancerealty
Added: Aug 25
Changed: Oct 2
Last Checked: Oct 5 at 9:22PM
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 KELLER WILLIAMS VILLAGE SQUARE
Investment Insights
Based on property information with market context.
This vacant two-family property at 54 N 4th St in Paterson City, NJ includes two residential units and is being offered AS-IS. The first unit contains two bedrooms and one bathroom, with a duplex configuration extending into the basement. The second unit provides three bedrooms and one bathroom.
The property offers access to Route 80, Route 46, and the Garden State Parkway. Its two-unit layout and distinct bedroom configurations provide a straightforward multifamily format for evaluation.
The property offers access to Route 80, Route 46, and the Garden State Parkway. Its two-unit layout and distinct bedroom configurations provide a straightforward multifamily format for evaluation.
Key Highlights
- Vacant two‑family property offered AS‑IS
- First unit has 2 bedrooms and 1 bathroom
- First unit includes a duplex setup with the basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,631
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$472,620
$472.6K
Cap Rate 7%
$337,586
$337.6K
Cap Rate 9%
$262,567
$262.6K
Market Conditions
NOI Build-Up for 1,412 SF
Gross rent
$36.1K $25.56/SF
− Vacancy
−$2.3K −$1.65/SF
EGI
$33.8K $23.91/SF
− OpEx
−$10.1K −$7.17/SF
NOI
$23.6K $16.74/SF
Area
Paterson, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$472,620
Cap Rate 7%
$337,586
Cap Rate 9%
$262,567
Alternative Uses
Best Use
Multifamily LT 5
$337.6K
$295.4K – $393.9K
NOI $23,631 @ 7.0% cap · market cap 6.06%
Second Best
Apartment 5plus
$310.2K
$271.4K – $361.9K
NOI $21,714 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$368.7K
$322.6K – $430.2K
NOI $25,809 @ 7.0% cap · market cap 6.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,882
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Vacant two-unit property with separate layouts and access to multiple regional routes.
Where is this duplex located?
The property is located at 54 N 4th St Paterson, NJ.
What is the asking price?
The asking price for this property is $389,999.
What are key features of this property?
This property features: Vacant two‑family property offered AS‑IS; First unit has 2 bedrooms and 1 bathroom; First unit includes a duplex setup with the basement
