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Five-Unit Apartment Building
For Sale
$999,999

84-88 Jefferson Street, Paterson, NJ 07522

2-4 Family, Paterson, NJ

Property SizeContact for details
Days on Market99

Property Features for 84-88 Jefferson Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 15
Bathrooms 7
Full bathrooms 7
Rooms Bedroom 5, Bedroom 12, Bathroom 3, Bedroom 4, Bathroom 7, Bedroom 10, Bedroom 2, Bedroom 1, Bathroom 6, Bedroom 7, Bedroom 13, Basement, Bathroom 4, Bedroom 15, Bathroom 1, Bedroom 6, Bedroom 14, Bathroom 5, Bedroom 3, Bedroom 8, Bedroom 9, Bedroom 11, Bathroom 2
Basement Full
Subdivision Paterson
Standard status Active

Utilities

Cooling system None (Cooling), Central Air

Amenities

coin laundry
Listing Agency: Keller Williams City Views Realty · Keller Williams Realty
Listed By: Farhan Yousufi · License #281797
Added: May 28 Changed: Sep 3 Last Checked: Sep 3 at 9:06PM
MLS# 26019090

Copyright © 2026 New Jersey MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This five-unit multifamily property comprises two buildings with a mix of two-bedroom, three-bedroom, and four-bedroom apartments. The unit mix includes two 2-bedroom, 1-bath units, two 3-bedroom, 1-bath units, and one 4-bedroom, 2-bath unit. Renovations were completed in portions of both buildings, including work six years ago and a full renovation of the first-floor 3-bedroom unit last year. Central air serves the two-bedroom building and the recently renovated first-floor three-bedroom apartment.

Resident amenities include coin-operated laundry, while a separate parking lot provides an additional property feature. The apartments are occupied by long-term tenants, and an existing property management company is in place. The property is located at 84-88 Jefferson Street in Paterson, New Jersey.

Key Highlights

  • Five units: two 2‑bedroom, 1‑bath; two 3‑bedroom, 1‑bath; and one 4‑bedroom, 2‑bath
  • Two‑building configuration with renovations completed six years ago and last year
  • Central air in the two‑bedroom building and the renovated first‑floor 3‑bedroom unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Nursing Home Veterinary Clinic Tanning Salon Pet Grooming Service Catering 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

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,823
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-building multifamily property with renovated units, central air, resident laundry, and an additional parking lot.
Where is this apartment building located?
The property is located at 84-88 Jefferson Street Paterson, NJ.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Five units: two 2‑bedroom, 1‑bath; two 3‑bedroom, 1‑bath; and one 4‑bedroom, 2‑bath; Two‑building configuration with renovations completed six years ago and last year; Central air in the two‑bedroom building and the renovated first‑floor 3‑bedroom unit
More about this property
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