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Updated Triplex With Vacant Units
New
For Sale
$650,000

9 Godwin Avenue, Paterson, NJ 07501

MULTI_FAMILY - Paterson, NJ

Property SizeContact for details
Days on Market7

Property Features for 9 Godwin Avenue

General Information

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

Utilities

Cooling system None (Cooling)
Listing Agency: Keller Williams City Views Realty · Keller Williams Realty
Listed By: Angelo Del Monaco
Added: Aug 5 Changed: Aug 11 Last Checked: Aug 11 at 10:06PM
MLS# 26007512

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 three-unit residential property in Paterson includes 12 bedrooms, three full bathrooms, and two additional half bathrooms distributed across the units. The first- and second-floor apartments are vacant and have been updated, while the building is described as recently updated and well maintained. Each unit has its own utilities, and the property is served by forced hot air. Three water heaters are less than 2 years old.

The property occupies 9 Godwin Avenue and includes substantial front and rear outdoor areas. Its early 2000s construction and three-unit configuration provide a clearly defined multifamily layout, with five bathrooms in total and vacant space available on two floors.

Key Highlights

  • Three‑unit property with 12 bedrooms and five total bathrooms
  • Two vacant units on the first and second floors
  • First- and second‑floor apartments have been updated

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Nursing Home Pet Grooming Service (Bike/Boat/Book/etc) Store Veterinary Clinic Tanning Salon

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

3,101
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

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?
Triplex - Three-unit residential income property with two vacant apartments, separate utilities, and updated water-heating equipment.
Where is this triplex located?
The property is located at 9 Godwin Avenue Paterson, NJ.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Three‑unit property with 12 bedrooms and five total bathrooms; Two vacant units on the first and second floors; First- and second‑floor apartments have been updated
More about this property
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