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Two-Level Duplex with Attached Garage

88 Montgomery St, Paterson, NJ 07501

For Sale
New
$935,000

Completed in 2024, the property includes two residential units and a backyard.

Property SizeContact for details
Days on Market5

Property Features for 88 Montgomery St

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi-Family Listing

Units

Unit Mix 1 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units 2

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $2,294

Amenities

backyard

Building Details

Year Built 2024
Stories 2
Listed By: Nicholas Real Estate
Source: Nicholasrealestate.idxbroker
Added: Nov 10 Last Checked: Nov 12 at 4:07AM

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 Nicholas Real Estate

Rey
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Investment Insights

Based on property information with market context.

This 2024 duplex offers two levels of residential space. The ground-level unit has a living area, an eat-in kitchen and dining area, two bedrooms, one full bath, and finished recreational space. The second-floor unit includes a living room, dining room, eat-in kitchen, three bedrooms, and two full baths. An attached two-car garage and driveway provide on-site parking, with a backyard for outdoor use.

The property is described as close to transportation, shopping, and highways. A three-year tax abatement is also noted.

Key Highlights

  • 2024 construction
  • Ground‑level unit with 2 bedrooms, 1 full bath, and finished recreational space
  • Second‑floor unit with 3 bedrooms and 2 full baths

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,590
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

Properties on Market for Duplexes 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?
Duplex - Completed in 2024, the property includes two residential units and a backyard.
Where is this duplex located?
The property is located at 88 Montgomery St Paterson, NJ.
What is the asking price?
The asking price for this property is $935,000.
What are key features of this property?
This property features: 2024 construction; Ground‑level unit with 2 bedrooms, 1 full bath, and finished recreational space; Second‑floor unit with 3 bedrooms and 2 full baths
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