242 Graham Ave Paterson, NJ $ 659,000
242 Graham Ave
$ 659,000
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242 Graham Ave

Paterson, NJ, 07501
$ 659,000
Bedrooms8 Baths4.1

Monthly Estimate*

$ 4,161

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Multi-Family Home for sale in Paterson, NJ

for $659,000 with 8 bedrooms and 4 full baths, 1 half bath.

Exceptional opportunity to own a newer-construction two-family home built in 2021, offering 8 bedrooms and 4.5 bathrooms. The property has been well maintained and is in excellent condition, including the roof and overall exterior and interior of the home. Both units feature a modern layout, central heating and air conditioning, and separate utilities, providing convenience and efficiency for both occupants and investors. The second-floor unit is currently vacant, offering immediate occupancy or the opportunity to lease it at current market value. The first-floor unit is tenant-occupied on a month-to-month lease, providing immediate rental income and additional flexibility. For buyers who intend to occupy the property, the seller is willing to provide the current tenant with a Notice to Vacate once all contractual contingencies have been satisfied. Please note that the sale cannot be made contingent upon the property being delivered vacant. Whether you're looking for a primary residence with additional rental income or an investment property, this newer two-family home offers modern construction, strong income potential, and a versatile layout.

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Multi-Family Active

Price

$ 659,000

Bedrooms

8

Full Bath

4

Half Bath

1

Property Type

Multi-Family

Taxes

$ 2,537

Style

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

260018153

Features
Interior
Basement Finished
Half Baths 1
Total Full Baths 4
Heating/Cooling A/C Central Electric
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Exterior
Exterior Other-See Remarks
Lot Dimensions 25x100
Parking available 3+ Cars Attached Garage
Building Style Other-See Remarks
Lot 22
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General
Status Active ACTIVE
Bathrooms 5
County Passaic
Class 2 FAMILY
Type 2 Family
Block 3514
Tax Year 2024
Subdivision NJ
Sale/Rent For Sale
Status Detail 0
Area Paterson
Primary City Paterson
City Paterson
Taxes 2537
DOM 1
Postal Code 07501
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* Excluded Features
List By
Access Homes Realty

Broker

(201) 766-2565

Phone

Affordability Calculator

$4,372
Per Month
95%
5%
0%
Monthly Principal & Interest
$4,161
Monthly Property Taxes
$211
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
562271 Elementary School
562272 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/10/2026$659,000 Listed Price

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242 Graham Ave, Paterson, NJ, 07501 is a Multi-Family Home for sale at $659,000. 242 Graham Ave has 8 bedrooms and 4.1 baths. The property's zip code is 07501 which is in Paterson, NJ