This well-maintained two-family home is a standout investment opportunity, offering the perfect balance of comfort, functionality, and strong rental Income potential. Each unit features two spacious bedrooms, ideal for tenants or owner-occupants alike. One of the property's most unique assets is the -2,000 sq ft garage—a dream space for storage, a workshop, or potential additional rental income. Complementing this is a large parking lot with space for numerous vehicles, enhancing appeal for tenants, business use, or future development. The property offers exciting possibilities, including the potential to build an additional structure on the expansive lot. Whether you choose to live in one unit and rent the other or fully capitalize on both units as income-producing rentals, this property delivers long-term value and exceptional flexibility—an excellent opportunity for investors, entrepreneurs, or savvy homeowners looking to make a smart move.
Sold for $700,000 on 06/30/25
$700,000
172-174 20th Ave, Paterson, NJ 07501
4beds
--sqft
Multi Family
Built in ----
-- sqft lot
$721,900 Zestimate®
$--/sqft
$2,023 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 10, 2025 at 02:04am
Listed by:
Tatiana Galvan 201-988-0840,
Real
Bought with:
Outside Agent
Outside Office
Source: NJMLS,MLS#: 25011650
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Appliances
- Laundry: None
Property
Parking
- Total spaces: 17
- Parking features: Garage
- Garage spaces: 2
Details
- Parcel number: 0806317000000012
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sep Heat
Community & neighborhood
Location
- Region: Paterson
Other
Other facts
- Listing agreement: Exclusive Right To Sell
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Estimated market value
$721,900