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6-Unit Apartment Building

80 Madison St, Paterson, NJ 07501

For Sale
New
$1,599,990

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

Property SizeContact for details
Lot Size0.09 Acres
Days on Market1

Property Features for 80 Madison St

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Bedrooms 12
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 7, Bedroom 9, Bedroom 11, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 5, Bathroom 4, Bedroom 12, Bedroom 6, Bedroom 2, Bedroom 8, Bedroom 10, Bathroom 3, Bedroom 1, Basement, Bedroom 4
Directions Essex St to Madison St
Standard status Active
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1616

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 2026
Floors in Building 3
Roof type Shingle
Architectural style Other
Buildings 1
Listing Agency: NICHOLAS REAL ESTATE AGENCY
Listed By: NICHOLAS TSELEPIS · License NJ #7821189
Added: Nov 13 Last Checked: Nov 13 at 11:06PM
MLS# 4064621

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.

Rey
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Investment Insights

Based on property information with market context.

This three-story apartment building is under construction and is planned with six apartments, two on each floor. Each unit includes two bedrooms, a full bathroom, a kitchen, and an open living and dining area. A shared common area and a finished basement with laundry hookups are also part of the building. The property is on a 0.09-acre lot and is served by public water and public sewer.

Key Highlights

  • Six apartments, each with two bedrooms and one full bathroom
  • Three‑story building with two apartments per floor
  • Finished basement with laundry hookups

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

3,661
Businesses Nearby

Demographics for 07501, NJ

37,918
Population
13,119
Households
2.9
Avg Household Size
33
Median Age
9%
College-Educated
71%
High-School Grad
1.8 sq mi
ZIP Area
21,066
Density / Sq Mi
$40,699
Median Household Income
$32,103
Median Earnings
$1,442
Median Rent
$304,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Paterson, NJ

$536 Jul
$444 Aug
$527 Sep
$537 Oct

Properties on Market for Apartment buildings in Paterson

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Each residence has two bedrooms, a full bathroom, and open living and dining space.
Where is this apartment building located?
The property is located at 80 Madison St Paterson, NJ.
What is the asking price?
The asking price for this property is $1,599,990.
What are key features of this property?
This property features: Six apartments, each with two bedrooms and one full bathroom; Three‑story building with two apartments per floor; Finished basement with laundry hookups
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