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Two-Family Duplex with Recreation Space
New
For Sale
$825,000

61 N 5Th St, Paterson, NJ 07522

Multi-Family, 3-Three Story, Paterson City, NJ

Property SizeContact for details
Lot Size0.08 Acres
Days on Market5

Property Features for 61 N 5Th St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 5, Bedroom 6, Bathroom 1, Bathroom 5, Bathroom 3, Bathroom 4, Bedroom 1, Bathroom 2
Parking 4
Directions ON NORTH 5TH ST
Standard status Active
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3889

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Amenities

private backyard

Building Details

Year built 2022
Floors in Building 3
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: EXP REALTY, LLC
Listed By: JENNIFER MELENDEZ
Added: Sep 28 Changed: Sep 29 Last Checked: Oct 2 at 6:06PM
MLS# 4055565

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 two-family duplex has two residences, each arranged with three bedrooms and two full bathrooms. A ground-level recreational area adds a kitchen, laundry room, and full bathroom. Interior features include granite countertops, stainless steel kitchen appliances, and recessed lighting. The property also has a fenced backyard and central air conditioning.

The 0.08-acre property is tenant occupied, with the option for delivery vacant. Approximately 2 1/2 years remain on the tax abatement, and the builder’s warranty has approximately 7 years remaining. Public water and sewer serve the property.

Key Highlights

  • Two residences, each with 3 bedrooms and 2 full bathrooms
  • Ground‑level recreation area includes a kitchen, laundry room, and full bathroom
  • 0.08‑acre lot with a fenced backyard

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Catering Service Nursing Home (Bike/Boat/Book/etc) Store Veterinary Clinic Tanning Salon

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,836
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence has three bedrooms and two full bathrooms, with additional ground-level space for laundry, a kitchen, and recreation.
Where is this duplex located?
The property is located at 61 N 5Th St 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: Two residences, each with 3 bedrooms and 2 full bathrooms; Ground‑level recreation area includes a kitchen, laundry room, and full bathroom; 0.08‑acre lot with a fenced backyard
More about this property
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