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Two-Unit Duplex
For Sale
$699,900

94 Redwood Ave, Paterson, NJ 07522

MULTI_FAMILY - Paterson City, NJ

Property SizeContact for details
Lot Size0.06 Acres
Days on Market11

Property Features for 94 Redwood Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 6, Bedroom 7, Bathroom 2, Bathroom 3, Bathroom 4, Basement, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 2, Bathroom 5, Bedroom 8, Bedroom 1
Directions Union Ave to Redwood
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8744

Utilities

Sewer type Public Sewer
Heating system Baseboard, Hot Water(Heating)
Water source Public

Building Details

Year built 2020
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: REALTY ONE GROUP LEGEND
Listed By: RUBEN SERRANO · License #301857
Added: Aug 1 Changed: Aug 9 Last Checked: Aug 11 at 10:06AM
MLS# 4044238

Copyright © 2026 Garden State MLS, LLC. 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 2020-built duplex includes two residential units, with each unit configured with 4 bedrooms and 2 bathrooms. The property also includes a bonus finished 1/1 basement, a shingle roof, and baseboard and hot water heating.

Situated on a 0.06-acre lot at 94 Redwood Ave in Paterson, NJ, the property is served by public water and public sewer. The address is in Passaic County and carries the 07522-2248 postal code.

Key Highlights

  • Two units, each with 4 bedrooms and 2 bathrooms
  • Bonus finished 1/1 basement
  • Built in 2020

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,114
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?
Duplex - 2020-built property with two four-bedroom residences and two bathrooms per unit.
Where is this duplex located?
The property is located at 94 Redwood Ave Paterson, NJ.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Two units, each with 4 bedrooms and 2 bathrooms; Bonus finished 1/1 basement; Built in 2020
More about this property
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