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    12 Pennington St Paterson, NJ 07501

    For Sale
    $459,000

    3-Three Story, Multi-Family - Paterson City, NJ

    Lot size:
    0.05 Acres
    Days on Market:
    46
    Last Refresh:
    Dec 7 at 6:06 pm

    Property Features for 12 Pennington St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Family Room, Kitchen
    Bedrooms
    6
    Bathrooms
    3
    Interior features
    Smoke Detector, Tile Floors
    Exterior features
    Metal Fence, Sidewalk
    Fencing
    Fenced
    Basement Y/N
    1
    Appliances
    Oven - Gas, Range, Refrigerator
    Lot size
    0.05 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Multi Units

    Building Details

    Year built
    1900
    Number of units
    2
    Building materials
    Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Realty ONE Group Legend (973) 686-7777 [email protected]

    Listing agent CLAUDIA CECE (973) 686-7777

    Listing date Oct 23, 2025

    MLS# 3993173 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Kept Multi-Family Home

    This well-maintained two-family home is situated on a quiet street. The first-floor apartment features two bedrooms, a dining room, a kitchen, and a living room. The second apartment, spanning the second and third floors, includes two bedrooms, a dining room, two bonus rooms on the third floor, two full bathrooms, a kitchen, and a living room. The property has newer furnaces, one installed in 2020 and another approximately seven years old. It also features a fenced-in private yard. Separate utilities are in place for each unit. The building has the potential to be converted into a three-family dwelling, subject to town approval. The basement is equipped with plumbing for a half bath. The lot size is 0.05 acres. The property is located in Paterson City, NJ.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Gym & Fitness Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Paterson
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.15768
    Latitude
    40.9146

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    FAQs

    What type of property is this?
    Duplex - Two-family home with spacious rooms, separate utilities, and private yard.
    Where is this duplex located?
    The property is located at 12 Pennington St Paterson, NJ.
    What is the asking price?
    The asking price for this property is $459,000.
    What are key features of this property?
    This property features: - Well-maintained two-family home with potential to convert to a three-family (subject to town approval).; - Separate utilities for each unit.; - Spacious rooms and high ceilings.
    (973) 686-7777
    Request Owner's contact information
    12 Pennington St Paterson, NJ 07501
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    Paterson, NJ 07501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12 Pennington St Paterson, NJ 07501
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