62 Highland St, Paterson, NJ, 07524
About This Home
Well-maintained legal two-family home offering an excellent opportunity for both owner-occupants and investors. This property features two spacious units, each offering 2 bedrooms and 1 full bathroom with functional layouts and comfortable living spaces. Whether you're looking to live in one unit while generating rental income from the other or expand your investment portfolio, this property provides outstanding flexibility. Conveniently located near schools, shopping, restaurants, parks, major highways, and public transportation, making commuting a breeze. A solid investment with great income potential in a desirable Paterson location. Don't miss this opportunity to own a move-in-ready multi-family property.
Getting Around
Very Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Roof: Asphalt Shingle
- Construction materials: Vinyl Siding
Notable Dates
- Major remodel year: 2010
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range/Oven - Gas,Refrigerator,Gas Water Heater
Basement
- Has basement: Yes
- Basement: Yes,Full,Walk-Out Access
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Bedrooms,Eat-in Kitchen,Living Room,Eat-In Kitchen
- Door features: Storm Door(s)
- Flooring: Vinyl-Linoleum Floors
Heating & Cooling
- Heating features: 2 Units,Natural Gas
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
Property
Details
- Parcel number: 2508029120000000330000
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 2,613 sqft
- Lot size dimensions: 25 x 100
Parking
- Parking features: None
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
- Strong Wind
- Winter Weather
- Cold Wave
- Heat Wave
- Inland Flooding
- Lightning
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 | $2,022 | $24,264 |
| Home Insurance * | $233 | $2,796 |
| Property Taxes | $753 | $9,036 |
| Electricity | $220 | $2,645 |
| Total | $3,228 | $38,736 |
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 |
|---|---|---|
| 2026-08-13 | Price change | $374,999 |
| 2026-08-03 | Listed for sale | $399,999 |
| 2026-06-29 | Listing removed | $440,000 |
| 2026-06-15 | Listed for sale | $440,000 |
| 2023-10-16 | Listing removed | -- |
| 2022-08-17 | Sold | $365,000 |
| 2021-10-15 | Sold | $240,000 |
| 2021-08-21 | Price change | $250,000 |
| 2021-05-20 | Listed for sale | $265,000 |
| 2012-06-04 | Sold | $54,900 |
| 2012-03-21 | Listed for sale | $54,900 |
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