39 Hillman St, Paterson, NJ, 07522
About This Home
Your investment search ends here! Great investment opportunity in Paterson's Northside section! This recently updated two-family home offers a total of 6 bedrooms and 2 full bathrooms with updated flooring throughout both units.Unit 1 features 2 bedrooms, 1 full bathroom, updated finishes, and laminate flooring throughout. Currently rented for $1,800/month and scheduled to be delivered vacant by the end of September.Unit 2 features 3 bedrooms, 1 full bathroom, spread across two floors, with updated finishes and laminate flooring throughout. Currently rented for $1,880/month.Both units are currently occupied and will be month-to-month by the end of August, offering flexibility for an investor. Combined current rental income is $3,680/month.Conveniently located in Paterson's Northside section, close to local amenities, shopping, transportation, and major roadways. Property is being sold strictly AS-IS and is located in a flood zone.
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1892
Materials
- Roof: Asphalt Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Yes,Full,Unfinished,Walk-Out Access
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Features
- Bedrooms,Eat-in Kitchen,Living Room,Eat-In Kitchen
Heating & Cooling
- Heating features: Baseboard - Hotwater,Natural Gas
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 1,772
- Total interior livable area: 1,772 sqft
Property
Details
- Parcel number: 2508001190000000380000
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 2,613 sqft
- Lot size dimensions: 25 x 100
Parking
- Parking features: On Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,224 | $26,688 |
| Home Insurance * | $213 | $2,556 |
| Property Taxes | $828 | $9,936 |
| Electricity | $195 | $2,344 |
| Total | $3,460 | $41,520 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-17 | Listed for sale | $479,999 |
| 2026-08-06 | Listing removed | $440,000 |
| 2026-07-28 | Listed for sale | $440,000 |
| 2023-05-21 | Listing removed | -- |
| 2022-04-01 | Listing removed | -- |
| 2021-07-21 | Listed for rent | $1,800 |
| 2021-05-20 | Sold | $258,646 |
| 2021-01-30 | Listed for sale | $249,900 |
| 2020-12-25 | Listing removed | -- |
| 2020-08-30 | Listed for sale | $239,900 |
| 2020-08-30 | Pending sale | $239,900 |
| 2020-08-04 | Price change | $239,900 |
| 2020-07-08 | Listed for sale | $249,900 |
| 2019-06-12 | Sold | $70,000 |
| 2014-04-16 | Listing removed | $79,900 |
| 2013-10-20 | Listed for sale | $79,900 |
For Sale by Agent
View on Zillow