Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

86 Pennington St, Paterson, NJ, 07501

12beds
4baths
2,964sqft
$699,999
$236price/sqft
$5,560/moest. monthly cost
$222,400/yrincome needed

About This Home

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.

Getting Around

88
WalkingVery Walkable
58
TransitGood Transit
49
BikeSomewhat Bikeable

Schools

--
School 11 (Newcomers)Grades 3-110.0 mi

Construction

Condition

  • Year built: 1700

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: See Remarks

Basement

  • Has basement: Yes
  • Basement: Yes,Full,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Bedrooms,Kitchen,Living/Dining Room

Heating & Cooling

  • Heating features: Baseboard - Cast Iron,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 2,964
  • Total interior livable area: 2,964 sqft

Property

Details

  • Parcel number: 2508064050000000270000

Features

  • Levels: 3-Three Story
  • Stories: 3

Lot

  • Lot size: 2,613 sqft
  • Lot size dimensions: 25 x 100

Parking

  • Parking features: See Remarks