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First-Floor Residential Income Property
For Lease
$1,700/Mo

7-9 Belmont Avenue, Paterson, NJ 07522

Apartment with convenient access to shopping, restaurants, schools, public transportation, and major highways.

Space SizeContact for details
Days on Market83

Property Features for 7-9 Belmont Avenue

General Information

Standard status Active
Property subtype 2 Family
Listing Agency: Keller Williams Prosperity Realty
Listed By: Rebecca R. Wallace
Source: Tarvinrealtors
Added: Jun 23 Changed: Sep 12 Last Checked: Sep 12 at 9:23AM

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 Prosperity Realty

Investment Insights

Based on property information with market context.

This residential income property is a first-floor apartment with three bedrooms and one bathroom. The layout offers single-level living within the building and is positioned for convenient access to everyday services and transportation options.

The property is located at 7-9 Belmont Avenue in Paterson, New Jersey. Shopping, restaurants, schools, public transportation, and major highways are all identified as accessible from the apartment. Credit and income verification are required for prospective residents.

Key Highlights

  • Three‑bedroom, one‑bath first‑floor apartment
  • Single‑level living within the building
  • Access to shopping, restaurants, and schools

Property Analytics

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Current Use

Multifamily properties

Suggested Use

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

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,353
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?
Residential income property - Apartment with convenient access to shopping, restaurants, schools, public transportation, and major highways.
Where is this residential income property located?
The property is located at 7-9 Belmont Avenue Paterson, NJ.
What is the lease rate?
The lease rate is $1,700/Mo.
What are key features of this property?
This property features: Three‑bedroom, one‑bath first‑floor apartment; Single‑level living within the building; Access to shopping, restaurants, and schools
More about this property
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