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8-Unit Apartment Building
For Sale
Contact for pricing
Pending

79 N 4th St, Paterson, NJ 07522

Updated multifamily property with individually metered gas service and four garages that provide additional rental space.

Property SizeContact for details
Days on Market143

Property Features for 79 N 4th St

General Information

Standard status Pending
Total Parking Spaces 4
Property subtype Multifamily

Units

Unit Mix 6 x 3BR, 2 x 1BR
Multifamily Units 8

Additional Details

Utilities to Site Yes

Building Details

Buildings 1
Listing Agency: Coldwell Banker Susani Realty Inc
Listed By: John Susani · License #NJ
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 12:19AM

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 Susani Realty Inc

Investment Insights

Based on property information with market context.

This multifamily property at 79 N. 4th St. contains eight apartments: six three-bedroom units and two one-bedroom units. Each apartment has separate gas service. The building also includes four large garages available for rental use. Unit improvements include new windows, flooring, and tile, with ongoing maintenance by the superintendent.

The property is on the north side of Paterson near Temple St. It is described as meeting State DCA card standards and carries a stated income cap rate of 7 plus. The unit mix combines larger three-bedroom apartments with smaller one-bedroom accommodations, while the garage component adds separate rental space within the property.

Key Highlights

  • Eight apartments: six 3‑bedroom units and two 1‑bedroom units
  • Four large garages available for rental income
  • Separate gas service for each apartment

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

8
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,882
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

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?
Apartment building - Updated multifamily property with individually metered gas service and four garages that provide additional rental space.
Where is this apartment building located?
The property is located at 79 N 4th St Paterson, NJ.
What are key features of this property?
This property features: Eight apartments: six 3‑bedroom units and two 1‑bedroom units; Four large garages available for rental income; Separate gas service for each apartment
(973) 790-6996 Call to check price and availability
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