Three-Story Triplex with Hardwood
675 E 25Th St, Paterson, NJ 07504
For Sale
New
$749,999
Multi-Family, 3-Three Story, Paterson City, NJ
Property Size3,700 SF
Price / SF$202.70
Days on Market2
Property Features for 675 E 25Th St
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Directions
Standard status
Additional Details
Tenant in Place
Individually Metered Utilities
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:
REAL
(855) 450-0442
Listed By:
Eric Axelson
Added: Nov 12
Changed: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 4064504
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-family property spans three stories and approximately 3,700 square feet, with hardwood flooring throughout and separate utilities. The first floor is rented, the second is vacant, and the third is expected to become vacant after November 30. The third-floor layout includes a bedroom and a bonus room that can serve as another bedroom. The second and third floors each have space for an additional bedroom.
The property is just off Broadway, with major highways, NJ Transit and NYC commuter routes nearby.
The property is just off Broadway, with major highways, NJ Transit and NYC commuter routes nearby.
Key Highlights
- Three‑family building with approximately 3,700 sq ft across three stories
- Hardwood flooring throughout and separate utilities
- First floor currently rented; second floor vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,924
Cap Rate
8.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,238,480
$1.2M
Cap Rate 7%
$884,629
$884.6K
Cap Rate 9%
$688,044
$688.0K
Market Conditions
NOI Build-Up for 3,700 SF
Gross rent
$94.6K $25.56/SF
− Vacancy
−$6.1K −$1.65/SF
EGI
$88.5K $23.91/SF
− OpEx
−$26.5K −$7.17/SF
NOI
$61.9K $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%
$1,238,480
Cap Rate 7%
$884,629
Cap Rate 9%
$688,044
Alternative Uses
Best Use
Multifamily LT 5
$884.6K
$774.1K – $1.03M
NOI $61,924 @ 7.0% cap · market cap 8.26%
Second Best
Apartment 5plus
$812.8K
$711.2K – $948.3K
NOI $56,899 @ 7.0% cap · market cap 7.59%
Theoretical Best
Office A
$966.1K
$845.4K – $1.13M
NOI $67,630 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,837
Businesses Nearby
Explore this area
Business Placement
Demographics for 07504, NJ
13,413
Population
4,105
Households
3.3
Avg Household Size
36
Median Age
18%
College-Educated
85%
High-School Grad
0.8 sq mi
ZIP Area
16,766
Density / Sq Mi
$67,269
Median Household Income
$37,024
Median Earnings
$1,426
Median Rent
$369,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Triplexes in Paterson, NJ
Properties on Market for Triplexes in Paterson
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Separate utility service and a mix of occupied and vacant floors offer distinct configurations across the building.
Where is this triplex located?
The property is located at 675 E 25Th St Paterson, NJ.
What is the asking price?
The asking price for this property is $749,999.
What are key features of this property?
This property features: Three‑family building with approximately 3,700 sq ft across three stories; Hardwood flooring throughout and separate utilities; First floor currently rented; second floor vacant
