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 Sq 2,500

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. This 2,500 square foot home was built in 2021.

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

Year Built

2021

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

4051935

Features
General
Sewer See Remarks
Heating See Remarks
Cooling Central Air
Utilities See Remarks
Possession Flexible
Roof See Remarks
Architectural Style See Remarks
Year Built 2021
Garage Attached Garage Garage Parking See Remarks
Township Paterson City
Tax Year 2024
Gross Income 0
County Passaic
Net Operating Income 0
Operating Expense 0
Total Rooms 19
Full Baths 4
Status Active
Directions Between Hamilton Ave & Godwin Ave
Open Parking Spaces 3
Number Of Units Total 2
Tax Annual Amount 2537
Drive See Remarks
Standard Status Active
Tax Assessed Value 0
Town # 2508
Tax Lot 22
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Interior
Basement Finished
Unit 1 Baths Total 2.0
Unit 1 Beds Total 3
Unit 2 Baths Total 2.0
Unit 2 Beds Total 3
Fuel Type Gas-Natural See Remarks
Half Baths 1
Total Bedrooms 8
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Exterior
Water Source See Remarks
Exterior Description See Remarks
Building Area Total 2500
Lot Dimensions 0
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* Excluded Features
List By
MARIA CARMONA VIDAL

Listing Agent

Access Home Realty

Broker

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
291163 Elementary School
291353 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 with 2,500 sqft. 242 Graham Ave has 8 bedrooms, 4.1 baths, and was built in 2021. The property's zip code is 07501 which is in Paterson, NJ