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Two-Family Duplex with Large Yard
New
For Sale
$550,000

81 George Street, Paterson, NJ 07503

Two separate residences offer a three-bedroom first-floor layout and a two-bedroom second-floor layout.

Property SizeContact for details
Days on Market6

Property Features for 81 George Street

General Information

Standard status Active
Property subtype MULTI_FAMILY

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $8,276
Listing Agency: Prominent Properties Sotheby's International Realty-Westfield
Listed By: Elias Christodoulakis
Source: Tarvinrealtors
Added: Sep 30 Changed: Oct 4 Last Checked: Oct 4 at 7:21AM

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 Prominent Properties Sotheby's International Realty-Westfield

Investment Insights

Based on property information with market context.

This duplex contains two residential units, with three bedrooms on the first floor and two bedrooms on the second. The property also includes a large backyard and an unfinished basement.

Located on George Street in Paterson, New Jersey, the property is offered vacant.

Key Highlights

  • Two‑unit duplex
  • First‑floor residence has 3 bedrooms
  • Second‑floor residence has 2 bedrooms

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Skin Care Clinic Hotel & Motel Dental Office

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,474
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
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?
Duplex - Two separate residences offer a three-bedroom first-floor layout and a two-bedroom second-floor layout.
Where is this duplex located?
The property is located at 81 George Street Paterson, NJ.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two‑unit duplex; First‑floor residence has 3 bedrooms; Second‑floor residence has 2 bedrooms
More about this property
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