Multifamily

Paterson, NJ Multifamily Properties for Sale

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Mixed-Use Storefront with Apartment
Updated: Jun 22
Mixed-Use Storefront with Apartment

572 Union Blvd, Totowa Boro, NJ 07512

$999,999
5,200 sqft 0.17 AC lot
About 5,200 SF mixed‑use building (1941) with a large commercial storefront, attached garage, and second‑floor retail/warehouse area
Includes a spacious 3‑bedroom, 1.5‑bath apartment plus a full finished basement for added usable storage/operations space
Commercial space is approximately 4,000 SF with public water and public sewer
Located on an approximately 60' x 125' lot with a massive fenced backyard and driveway, oversized garage, and frontage parking
Roof type: flat; flexible room mix includes bedrooms, bathrooms, and basement
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This listing looks promising.

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572 Union Blvd, Totowa Boro, NJ 07512-2443

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Mixed-Use Retail and Apartment Building
Updated: Jun 12
Mixed-Use Retail and Apartment Building

122 16Th Ave, Paterson, NJ 07501

$1,250,000
3,513 sqft 0.03 AC lot
6‑unit mixed‑use property with two commercial storefronts combined into one larger commercial space
Commercial space set up for a restaurant kitchen with extensive fridge/freezer storage
Includes four residential units: two newly renovated 3‑bedroom apartments, one refreshed 2‑bedroom apartment, and one additional 2‑bedroom unit
Built in 1925 with public water and public sewer
Roof type: shingle
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Three-Family Income Property
Three-Family Income Property

90 Park Ave, Paterson, NJ 07501

$839,000
3,692 sqft 0.06 AC lot

Three separate units with fully separate utilities and a partially finished basement with additional rooms and a full bath.

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Triplex with Finished Basement
Triplex with Finished Basement

40 Manchester Avenue, Paterson, NJ 07502

$860,000
900 sqft

Triplex with a fully finished basement and 10 parking spaces, plus a currently vacant second-floor apartment.

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Three-Family Residential Income Property
Three-Family Residential Income Property

176 Beech St, Paterson, NJ 07501

$499,000
2,382 sqft 0.06 AC lot

Three-unit multifamily property with a 2-bedroom unit and two 1-bedroom units.

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Three-Unit Residential Income Property
Three-Unit Residential Income Property

256 Van Houten St, Paterson, NJ 07501

$899,000
2,458 sqft 0.06 AC lot

Well maintained, fully rented three-unit building with a renovated attic one-bedroom unit and updated mechanical systems.

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Two-Unit Residential Income Property
Two-Unit Residential Income Property

24 Elizabeth St, Paterson, NJ 07503

$679,000
4,000 sqft 0.11 AC lot

Two expansive units with multiple bedrooms, finished attic space, and off-street parking for tenant convenience.

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Mixed-Use Property with Restaurant Kitchen
Mixed-Use Property with Restaurant Kitchen

122 16Th Ave, Paterson, NJ 07501

$1,250,000
3,513 sqft

Six-unit mixed-use asset pairs a restaurant kitchen buildout with four apartments, positioned in a redevelopment zoning district.

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Renovated Three-Unit Income Property
Renovated Three-Unit Income Property

562 Summer St, Paterson, NJ 07501

$559,000
0.06 AC lot

Turnkey renovated 3-family building with separate utilities and three 2-bedroom units in Paterson, NJ.

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Two-Family with Bonus Units
Two-Family with Bonus Units

495 Totowa Ave, Paterson, NJ 07522

$649,000
0.08 AC lot

For sale two-family home with additional bonus attic space and a full finished basement, delivered vacant for flexible occupancy.

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Turnkey Three-Family Investment Property
Turnkey Three-Family Investment Property

121 North Main Street, Paterson, NJ 07522

$715,000
9,999 sqft

Legal 3-family property with strong income potential and recent renovations.

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Two-Unit Residential Income Property
Two-Unit Residential Income Property

305 Pacific St, Paterson, NJ 07503

$577,777
0.06 AC lot

Two-family property with two bedrooms per unit and a basement featuring a full bathroom, sold as-is.

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Two-Family Home with Off-Street Parking
Two-Family Home with Off-Street Parking

88-90 N 6Th St, Paterson, NJ 07522

$649,900
0.08 AC lot

Generous two-unit layout with off-street parking and a renovated upper duplex for flexible owner-occupant or rental use.

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Three-Unit Residential Income Property
Three-Unit Residential Income Property

176 Beech Street, Paterson, NJ 07501

$499,000
9,999 sqft

Three-family residence with one 2-bedroom unit and two 1-bedroom units near Paterson transit and major routes.

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Renovated Two-Family Residence
Renovated Two-Family Residence

87 N 5Th St, Paterson, NJ 07522

$875,000
0.08 AC lot

Completely renovated duplex with two 4-bedroom units, full baths, new plumbing and electrical, and off-street parking via private driveway.

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Rebuilt Three-Family Residence
Rebuilt Three-Family Residence

59 Mercer St, Paterson, NJ 07524

$795,000
0.05 AC lot

2024 rebuilt three-family with central air, in-unit laundry, and high-ceiling three-bedroom layouts across all units.

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Three-Unit Residential Income Property
Three-Unit Residential Income Property

69 North 3rd Street, Paterson, NJ 07522

$679,000
1,000 sqft

Three separate units with 7 bedrooms and 3 full bathrooms, currently generating over $5,800 monthly rent with separate utilities.

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Corner Mixed-Use Income Property
Corner Mixed-Use Income Property

523 Park Ave, Paterson, NJ 07504

$799,000
0.04 AC lot

Mixed-use corner property includes two residential units plus a vacant former laundromat commercial space.

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Modern Multifamily Investment Opportunity
Modern Multifamily Investment Opportunity

84 Auburn St, Paterson, NJ 07501

$1,300,000
5,000 sqft 0.12 AC lot

2020-built, 6-unit multifamily property fully leased at market rents.

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Well-Maintained Two-Unit Duplex
Well-Maintained Two-Unit Duplex

17 Quinn St, Paterson, NJ 07501

$765,000
0.10 AC lot

Duplex with a finished basement, separate utilities, and roomy 2- and 5-bedroom apartments.

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Mixed-Use Property with Income Potential
Mixed-Use Property with Income Potential

331 Market St, Paterson, NJ 07501

$639,000
3,168 sqft

Mixed-use property with two apartments and commercial storefront for sale.

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Two-Family Residential Income Property
Two-Family Residential Income Property

509 E 31St St, Paterson, NJ 07504

$680,000
0.08 AC lot

Two-family home featuring two levels of living space plus an attic and basement with additional full bathrooms.

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Mixed-Use Property with Income Potential
Mixed-Use Property with Income Potential

384 River St, Paterson, NJ 07524

$1,350,000
2,000 sqft 0.07 AC lot

Well-maintained 8-unit mixed-use property in a convenient Paterson location.

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Renovated Residential Income Duplex
Renovated Residential Income Duplex

101 Lafayette St, Paterson, NJ 07501

$675,000
0.06 AC lot

Finished attic connected to the second floor expands bedroom count in a fully renovated 2025 duplex.

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Paterson, NJ Multifamily Properties Market Trends and Statistics

Explore 163 multifamily properties for sale in Paterson, NJ, showcased through 163 active listings on our real estate platform. These investment opportunities span a total of 119,060 square feet of properties for sale, with an estimated market value of $34,906,798.

Sale prices for multifamily properties in Paterson, NJ start at $499,000, averaging $997,337, and reaching up to $3,450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 93
Triplexes 37
Apartment buildings 27
Quadplexes 14

Demographics Overview

Population 192K
Population Growth (5Y) +13.2%
Median Household Income $63,084
College Educated 12.9%

High-Yield Neighborhoods for Investment

Identify Paterson submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
07513 $631.4K
07502 $657.4K
07503 $690.3K
07504 $743.7K
07522 $793.8K

Taxes & Financing

Tax Rate (average for all types) 4.81%
Property Tax per SF $10.90 per SF
Tax Rate vs County Average 0.45 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Passaic County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Passaic County

Retail

Office

Residential Income

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