For Sale Multi-Family MLS# 4054043

242 Graham Ave

Paterson City, NJ 07501

$679,900

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About 242 Graham Ave

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.

Property details

Property

Type
multi
Year built
2021
List date
Sep 21, 2026

Schools

District
Paterson City School District

Location

Subdivision
Wrigley Park
Neighborhood
Wrigley Park

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Listed by ACCESS HOME REALTY

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.