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Duplex With Finished Basement Space
For Sale
$699,900

94 Redwood Ave, Paterson, NJ 07522

Multi-Family, 2-Two Story, Paterson City, NJ

Property SizeContact for details
Lot Size0.06 Acres
Days on Market23

Property Features for 94 Redwood Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 7, Bedroom 6, Bedroom 8, Bedroom 1, Basement, Bedroom 5, Bathroom 1, Bathroom 5, Bathroom 4, Bedroom 4, Bathroom 3
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 Hot Water(Heating), Baseboard
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 22 Last Checked: Aug 23 at 4:06PM
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 duplex contains two residential units, with each unit configured with four bedrooms and two bathrooms. The property also includes bonus finished 1/1 basement space. Built in 2020, the building features hot-water baseboard heating, a shingle roof, public water, and public sewer.

The property occupies approximately 0.06 acres in Paterson’s Hillcrest section. Nearby amenities identified for the area include parks, schools, shops, dining, houses of worship, and NYC Transit. The basement areas provide additional finished space beyond the primary unit layouts.

Key Highlights

  • Two‑unit duplex with four bedrooms and two bathrooms in each unit
  • Bonus finished 1/1 basement space
  • 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

1,816
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units each offer four bedrooms and two bathrooms.
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‑unit duplex with four bedrooms and two bathrooms in each unit; Bonus finished 1/1 basement space; Built in 2020
More about this property
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