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Four-Unit Side-by-Side Quadplex
New
For Sale
$849,000

58 12Th Ave, Paterson, NJ 07501

Each building side contains one two-bedroom apartment and one three-bedroom apartment, both with central air and heat.

Property SizeContact for details
Days on Market4

Property Features for 58 12Th Ave

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 2 x 2BR/1BA, 2 x 3BR/1BA
Multifamily Units 4

Amenities

central air and heat

Building Details

Year Built 2011
Buildings 1
Listing Agency: Coldwell Banker Realty
Listed By: Brightstar Realty & Rentals
Source: Njbrightstar
Added: Oct 7 Changed: Oct 10 Last Checked: Oct 9 at 7:50PM

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 Realty

Investment Insights

Based on property information with market context.

Built in 2011, this quadplex is arranged as two side-by-side sections with two apartments in each. The matching layouts include one two-bedroom, one-bathroom unit and one three-bedroom, one-bathroom unit per section. Each apartment also has a living room and kitchen, with central air and heat throughout. All four apartments are rented.

Key Highlights

  • Four apartments, all rented
  • Two matching sections, each with one 2‑bedroom, 1‑bathroom unit and one 3‑bedroom, 1‑bathroom unit
  • Built in 2011

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Nursing Home Pet Grooming Service (Bike/Boat/Book/etc) Store Veterinary Clinic Restaurant

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

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3,101
Businesses Nearby

Demographics for 07501, NJ

37,918
Population
13,119
Households
2.9
Avg Household Size
33
Median Age
9%
College-Educated
71%
High-School Grad
1.8 sq mi
ZIP Area
21,066
Density / Sq Mi
$40,699
Median Household Income
$32,103
Median Earnings
$1,442
Median Rent
$304,400
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Each building side contains one two-bedroom apartment and one three-bedroom apartment, both with central air and heat.
Where is this quadplex located?
The property is located at 58 12Th Ave Paterson, NJ.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Four apartments, all rented; Two matching sections, each with one 2‑bedroom, 1‑bathroom unit and one 3‑bedroom, 1‑bathroom unit; Built in 2011
More about this property
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