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3-Unit Property with Separate Utilities
For Sale
$750,000

90 Park Avenue, Paterson, NJ 07501

Three residential units offer kitchens and full bathrooms, with additional basement space and a separate utility setup.

Property SizeContact for details
Days on Market200

Property Features for 90 Park Avenue

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 1 x 3 bedrooms, 2 x 4 bedrooms
Multifamily Units 3

Amenities

Electricity Connected, Natural Gas Connected, Sep Heat

Building Details

Buildings 1
Listing Agency: Clifton
Listed By: Alicia Alarcon · License #2296931
Source: Kw
Added: Apr 3 Changed: Oct 16 Last Checked: Oct 19 at 5:08AM

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 Clifton

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Investment Insights

Based on property information with market context.

Located at 90 Park Avenue in Paterson, this triplex contains three residential units. The first apartment has 3 bedrooms, a living room, kitchen, and full bathroom and is vacant. The second includes 4 bedrooms, a living room, kitchen, and full bathroom and is also vacant. The third offers 4 bedrooms, a living room, kitchen, and full bathroom and is occupied on a month-to-month basis. High ceilings are featured throughout the property.

The partially finished basement adds a full bathroom and 3 bonus rooms. Utilities are separately metered and supported by 3 boilers and 4 meters. The property is near NJ Transit trains and direct NYC bus service, with access to I-80, Route 19, and the Garden State Parkway. The sale is offered as-is.

Key Highlights

  • Three‑unit triplex with 3 bedrooms in Unit 1 and 4 bedrooms each in Units 2 and 3
  • Unit 1 and Unit 2 are vacant; Unit 3 is occupied month‑to‑month
  • Partially finished basement includes a full bathroom and 3 bonus rooms

Property Analytics

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Lease Details

3
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,337
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

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?
Triplex - Three residential units offer kitchens and full bathrooms, with additional basement space and a separate utility setup.
Where is this triplex located?
The property is located at 90 Park Avenue Paterson, NJ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Three‑unit triplex with 3 bedrooms in Unit 1 and 4 bedrooms each in Units 2 and 3; Unit 1 and Unit 2 are vacant; Unit 3 is occupied month‑to‑month; Partially finished basement includes a full bathroom and 3 bonus rooms
More about this property
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