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8 Beds
5 Baths

$679,900

242 GRAHAM AVE, Paterson NJ, 07501

Property typeMulti-family

Overview

Active

Listed Sep 21, 2026

Updated 2 weeks 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
260019039

Interior Features

Bedrooms
8
Bathrooms
5
Cooling
Yes
Heating
Yes
Basement
Yes

Other Property Details

Garage
Yes
MLS provider logo

Courtesy of ACCESS HOMES REALTY with MARIA CARMONA VIDAL,
Listing Contact: 201-766-2565 

The IDX display contains information sourced from the Realty Multiple Listing System, Inc. as of 9/22/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 9/22/2026 at 2:55 AM UTC

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