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Quadplex with Garage
For Sale
$899,000

90-92 3rd Avenue, Paterson, NJ 07514

Four residential units share an unfinished basement and an oversized lot.

Property SizeContact for details
Days on Market139

Property Features for 90-92 3rd Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype MULTI_FAMILY

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $16,523
Listing Agency: Americas Group Realty LLC
Listed By: Alfredo Caba
Source: Tarvinrealtors
Added: Apr 8 Changed: Aug 20 Last Checked: Aug 23 at 7:51AM

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 Americas Group Realty LLC

Investment Insights

Based on property information with market context.

Located at 90-92 3rd Avenue in Paterson, New Jersey, this quadplex contains four residential units, each configured with 2 bedrooms and 1 full bath. One apartment has been recently updated, while the property also includes an unfinished basement and an oversized lot.

A 2-car garage is part of the property and is currently rented. NYC transportation is located 2 blocks away, with shopping, houses of worship, Route 4, and Interstate 80 nearby. The combination of four matching unit layouts, garage space, basement area, and transportation access provides a clear physical profile for multifamily ownership.

Key Highlights

  • Four units, each with 2 bedrooms and 1 full bath
  • 2‑car garage is currently rented
  • Unfinished basement included

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Garden Center Daycare Center (Bike/Boat/Book/etc) Store Pharmacy Florist Locksmith

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

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

793
Businesses Nearby

Demographics for 07514, NJ

19,200
Population
6,752
Households
2.8
Avg Household Size
37
Median Age
12%
College-Educated
78%
High-School Grad
0.9 sq mi
ZIP Area
21,333
Density / Sq Mi
$65,492
Median Household Income
$34,962
Median Earnings
$1,472
Median Rent
$314,400
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?
Quadplex - Four residential units share an unfinished basement and an oversized lot.
Where is this quadplex located?
The property is located at 90-92 3rd Avenue Paterson, NJ.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Four units, each with 2 bedrooms and 1 full bath; 2‑car garage is currently rented; Unfinished basement included
More about this property
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