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8 Beds
5 Baths
2,500 sqft

$679,900

242 Graham Ave, Paterson City NJ, 07501

Price per sqft$271.96
Built in2021
Property size2,500 sqft
Property typeMulti-family

Overview

Active

Listed Sep 21, 2026

Updated 40h ago

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.

$4,523/mo

Est. mortgage payment based on a $679,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
4054043

Interior Features

Bedrooms
8
Bathrooms
5
Cooling
Yes
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$2,537
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No

Courtesy of ACCESS HOME REALTY with MARIA CARMONA VIDAL,
Listing Contact: 2017662565 

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