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Renovated Multifamily Property
For Sale
Contact for pricing
Pending

80 Newark Avenue, Paterson, NJ 07503

Finished basement provides recreation space, a full bathroom, laundry area, and flexible room for office or storage use.

Property SizeContact for details
Days on Market39

Property Features for 80 Newark Avenue

General Information

Standard status Pending
Property subtype Multi Family 2-4 Units

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Amenities

hardwood floors
granite countertops
wood cabinetry
central air conditioning
laundry area
fully fenced yard
Listing Agency: Keller Williams City Life Realty
Listed By: Luis Daniel Montes De Oca
Source: Capmarkrealty
Added: Jul 24 Changed: Aug 28 Last Checked: Aug 28 at 3:00AM

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 City Life Realty

Investment Insights

Based on property information with market context.

Located at 80 Newark Avenue in Paterson, this multi-unit property was renovated approximately 15 years ago and has continued to receive regular care. Unit interiors include hardwood flooring, granite work surfaces, wood cabinetry, central air conditioning, and spacious floor plans suited to comfortable daily living. The property is positioned for rental income or owner occupancy.

A finished basement expands the usable space with a sitting and recreation room, full bathroom, and laundry area. The enclosed outdoor area features a metal fence, established landscaping, and flowering plants, creating a private setting for outdoor use. Major highways, public transportation, shopping centers, restaurants, and other local amenities are located nearby.

Key Highlights

  • Renovated approximately 15 years ago
  • Spacious multi‑unit layouts with hardwood flooring and central air conditioning
  • Granite countertops and wood cabinetry in unit interiors

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Parking Lot & Garage Acupuncture Skin Care Clinic (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,148
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Finished basement provides recreation space, a full bathroom, laundry area, and flexible room for office or storage use.
Where is this multifamily property located?
The property is located at 80 Newark Avenue Paterson, NJ.
What are key features of this property?
This property features: Renovated approximately 15 years ago; Spacious multi‑unit layouts with hardwood flooring and central air conditioning; Granite countertops and wood cabinetry in unit interiors
More about this property
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