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Two-Family Home with Unfinished Basement
New
For Sale
$599,900

985-987 E 23rd Street, Paterson, NJ 07513

Duplex with matching residential layouts, screened porches, and basement space for storage or future customization.

Property SizeContact for details
Days on Market3

Property Features for 985-987 E 23rd Street

General Information

Standard status Active
Property subtype MULTI_FAMILY

Additional Details

Public Transit Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $11,838

Building Details

Buildings 1
Listing Agency: Prestige Property Group - Montclair
Listed By: Jorge Ventura
Source: Tarvinrealtors
Added: Aug 31 Changed: Sep 1 Last Checked: Sep 1 at 10:05PM

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 Prestige Property Group - Montclair

Investment Insights

Based on property information with market context.

This two-family home contains two residential units, each arranged with 3 bedrooms, 1 full bathroom, a living room, dining room, kitchen, and screened-in porch. The property also includes an unfinished basement that can serve as storage, utility space, or a future customization area.

The home is located near houses of worship, restaurants, stores, shopping, and public transportation in Paterson. Its two-unit configuration and separate living spaces provide a practical residential layout for owner occupancy or rental use.

Key Highlights

  • Two‑family property with 2 residential units
  • Each unit includes 3 bedrooms and 1 full bathroom
  • Living room, dining room, kitchen, and screened‑in porch in each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Veterinary Clinic Catering Service Gym & Fitness Center Tech Support Center

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

1,746
Businesses Nearby

Demographics for 07513, NJ

11,995
Population
3,299
Households
3.6
Avg Household Size
35
Median Age
12%
College-Educated
77%
High-School Grad
0.6 sq mi
ZIP Area
19,992
Density / Sq Mi
$64,320
Median Household Income
$34,274
Median Earnings
$1,606
Median Rent
$387,400
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?
Duplex - Duplex with matching residential layouts, screened porches, and basement space for storage or future customization.
Where is this duplex located?
The property is located at 985-987 E 23rd Street Paterson, NJ.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Two‑family property with 2 residential units; Each unit includes 3 bedrooms and 1 full bathroom; Living room, dining room, kitchen, and screened‑in porch in each unit
More about this property
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