Vacant Duplex
54 N 4Th St, Paterson, NJ 07522
For Sale
$379,999
Multi-Family, 3-Three Story, Paterson City, NJ
Property Size1,412 SF
Lot Size0.06 Acres
Price / SF$269.12
Days on Market103
Property Features for 54 N 4Th St
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Directions
Standard status
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Water source
Building Details
Floors in Building
Number of units
Roof type
Architectural style
Listing Agency:
KELLER WILLIAMS VILLAGE SQUARE · Keller Williams Realty
Listed By:
MARLON TATIS
(201) 445-4300
Added: Aug 4
Changed: Nov 7
Last Checked: Nov 14 at 1:06AM
MLS# 4044751
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.
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Investment Insights
Based on property information with market context.
This vacant duplex property contains two residential units within 1412 square feet. The first unit includes two bedrooms and one bathroom, with a duplex-style layout extending into the basement. The second unit provides three bedrooms and one bathroom. The property is offered AS-IS and includes a shingle roof, forced-air, baseboard, and hot-water heating systems.
Positioned in Paterson City, NJ, the property has quick access to Route 80, Route 46, and the Garden State Parkway. Public water and public sewer serve the site. The 0.06-acre parcel is zoned RA-2, supporting its residential income-property classification.
Positioned in Paterson City, NJ, the property has quick access to Route 80, Route 46, and the Garden State Parkway. Public water and public sewer serve the site. The 0.06-acre parcel is zoned RA-2, supporting its residential income-property classification.
Key Highlights
- Two‑unit property with 1412 square feet
- First unit has 2 bedrooms, 1 bathroom, and a basement‑connected duplex layout
- Second unit includes 3 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,631
Cap Rate
6.22%
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 6.22%
Second Best
Apartment 5plus
$310.2K
$271.4K – $361.9K
NOI $21,714 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$368.7K
$322.6K – $430.2K
NOI $25,809 @ 7.0% cap · market cap 6.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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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
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Market
Properties on Market for Duplexes in Paterson
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer distinct bedroom layouts, public utilities, and a basement-connected configuration.
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 $379,999.
What are key features of this property?
This property features: Two‑unit property with 1412 square feet; First unit has 2 bedrooms, 1 bathroom, and a basement‑connected duplex layout; Second unit includes 3 bedrooms and 1 bathroom
