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Gutted Two-Family with Plans
For Sale
$595,000
Pending

98 Paulison Avenue, Ridgefield Park, NJ 07660

Fully gutted two-family property comes with approved plans for renovation, subject to third-party short-sale approval.

Property SizeContact for details
Days on Market74

Property Features for 98 Paulison Avenue

General Information

Standard status Pending
Property subtype MULTI_FAMILY

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $14,807
Listing Agency: Realty One Group Legend, Clifton
Listed By: Sayira Fernandez
Source: Drostrealtygroup
Added: Jun 25 Changed: Aug 23 Last Checked: Aug 2 at 6:44AM

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 Realty One Group Legend, Clifton

Investment Insights

Based on property information with market context.

This fully gutted two-family residence includes approved plans for the renovation. The property is being offered for sale as a short sale, and third-party approval is required.

The asset is described as a duplex built as a two-family structure, with the current interior condition and renovation approvals in place for redevelopment.

Interested parties should plan for the short-sale approval process as part of the transaction timeline.

Key Highlights

  • Fully gutted 2‑family property with approved renovation plans
  • Plans are subject to third‑party short‑sale approval
  • Interior layout includes 5 bedrooms and 3 total bathrooms (2 full, 1 partial)

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Acupuncture Veterinary Clinic Home Appliance Store Garden Center (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

1,088
Businesses Nearby

Demographics for 07660, NJ

13,224
Population
5,389
Households
2.5
Avg Household Size
41
Median Age
36%
College-Educated
90%
High-School Grad
1.7 sq mi
ZIP Area
7,779
Density / Sq Mi
$98,184
Median Household Income
$53,893
Median Earnings
$1,633
Median Rent
$459,400
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?
Duplex - Fully gutted two-family property comes with approved plans for renovation, subject to third-party short-sale approval.
Where is this duplex located?
The property is located at 98 Paulison Avenue Ridgefield Park, NJ.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Fully gutted 2‑family property with approved renovation plans; Plans are subject to third‑party short‑sale approval; Interior layout includes 5 bedrooms and 3 total bathrooms (2 full, 1 partial)
More about this property
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