86 Pennington St Paterson, NJ ^$ 699,999

86 Pennington St

^$ 699,999

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Open House 5/2 1pm - 4pm

86 Pennington St

Paterson, NJ, 07501

^$ 699,999

Bedrooms12 Baths4.0 Sq 2,964

Monthly Estimate*

^$ 4,310

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Multi-Family Home for sale in Paterson, NJ

for $699,999 with 12 bedrooms and 4 full baths. This 2,964 square foot home was built in 1700 on a lot size of 0.06.

Well-maintained 3-family property offering strong income potential in a convenient Paterson location. Each unit features 4 bedrooms and 1 full bath, providing spacious layouts ideal for a variety of living arrangements. All units are currently occupied, generating consistent rental income. The property includes separate living spaces with baseboard gas heating, window unit cooling, and a full walk-out basement offering additional utility and storage. Situated on a regular 25x100 lot, the home is constructed with vinyl siding and is connected to municipal water and sewer. Conveniently located near parks, schools, shopping, and public transportation, making it attractive for both tenants and investors. A solid opportunity to own a multi-family property with existing cash flow and long-term upside.

Open House

5/2/2026 1:00 PM - 4:00 PM

86 Pennington St Paterson, NJ

* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

^$ 699,999

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 13,614

Style

3-Three Story

Lot Size

0.06

Year Built

1700

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

4023468

Features

General

Sewer Public Sewer

Heating Baseboard - Cast Iron

Cooling Window A/C(s)

Utilities Gas-Natural

Possession 0-30

Roof Asphalt Shingle

Architectural Style 3-Three Story

Year Built 1700

Township Paterson City

Tax Year 2025

Gross Income 1

County Passaic

Net Operating Income 1

Operating Expense 1

Total Rooms 15

Full Baths 4

Status Active

Directions Between Totowa Avenue and East 24th Street

Open Parking Spaces 0

Number Of Units Total 3

Tax Annual Amount 13614

Drive See Remarks

Standard Status Active

Tax Assessed Value 607300

Town # 2508

Tax Lot 27

Interior

Basement Full Walkout

Unit 1 Baths Total 1.0

Unit 1 Beds Total 4

Unit 2 Baths Total 1.0

Unit 2 Beds Total 4

Unit 3 Baths Total 1.0

Unit 3 Beds Total 4

Fuel Type Gas-Natural

Half Baths 0

Total Bedrooms 12

Exterior

Water Source Public Water

Exterior Description Vinyl Siding

Building Area Total 2964

Lot Dimensions 25X100

Lot Size Acres 0.06

* Excluded Features

List By

KEVIN MONTERROSA

Listing Agent

Realty One Group Legend

Broker

Affordability Calculator

$5,445

Per Month

Monthly Principal & Interest: $4,310
Monthly Property Taxes: $1,135
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Multi-family listings in Paterson, NJ

Average List Price ^$661,431

Percent of Sale Price 6%

About Paterson, NJ

148,635 Population

0% Since 2002

^$36,191 Median Income

34.64 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/27/2026	$699,999		Listed Price

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86 Pennington St, Paterson, NJ, 07501 is a Multi-Family Home for sale at $699,999 with 2,964 sqft and a lot size of 0.06. 86 Pennington St has 12 bedrooms, 4.0 baths, and was built in 1700. The property's zip code is 07501 which is in Paterson, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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86 Pennington St

Multi-Family Home for sale in Paterson, NJ

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