Newly Constructed Six-Unit Residential
For Sale
Contact for pricing
Pending
71 Plum St, Paterson, NJ 07503
New six-unit residential property with modern amenities and convenient location.
Property SizeContact for details
Days on Market105
Property Features for 71 Plum St
General Information
Standard status
Pending
Property subtype
Multifamily
Investment Type
Stabilized
Net Operating Income
$130,061
Building Details
Units
6
Listing Agency:
Fernwood Realty
Listed By:
Mordy Oratz · License #1429936
Source:
Crexi
Added: May 20
Changed: Aug 24
Last Checked: Aug 31 at 10:11AM
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 Fernwood Realty
Investment Insights
Based on property information with market context.
This newly constructed six-unit residential property is located at 71 Plum Street in Paterson. The property consists entirely of one bed one den units, each featuring open floor plans, high ceilings, modern kitchens, in-unit washer/dryer, and quality finishes throughout. The asset is designed to meet strong workforce housing demand while offering residents comfortable, efficient living spaces. The property is located within close proximity to public transportation, a 2-minute walk to the NJ Transit bus stop at Straight Street and Getty Avenue, providing convenient access to major employment hubs including New York City. Additionally, the property benefits from connectivity to major roadways such as Interstate 80 and Route 19. Situated near prominent local attractions including Garret Mountain Reservation and Paterson Great Falls National Historical Park, 71 Plum Street offers residents a balance of accessibility and neighborhood appeal, making it a compelling turnkey investment opportunity in a high-demand rental market.
Key Highlights
- Newly constructed six‑unit residential property.
- One bed one den units with open floor plans, high ceilings, modern kitchens, in‑unit washer/dryer, and quality finishes.
- Located a 2‑minute walk to NJ Transit bus stop with access to major employment hubs including New York City.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,116
Businesses Nearby
Explore this area
Business Placement
Demographics for 07503, NJ
19,893
Population
6,560
Households
3
Avg Household Size
35
Median Age
15%
College-Educated
78%
High-School Grad
1.5 sq mi
ZIP Area
13,262
Density / Sq Mi
$60,295
Median Household Income
$35,611
Median Earnings
$1,605
Median Rent
$314,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - New six-unit residential property with modern amenities and convenient location.
Where is this apartment building located?
The property is located at 71 Plum St Paterson, NJ.
What are key features of this property?
This property features: Newly constructed six‑unit residential property.; One bed one den units with open floor plans, high ceilings, modern kitchens, in‑unit washer/dryer, and quality finishes.; Located a 2‑minute walk to NJ Transit bus stop with access to major employment hubs including New York City.
