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86 Pennington St Paterson, NJ 07501

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For Sale
$699,999

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

Property size:
2,964 SF
Lot size:
0.06 Acres
Price / SF:
$236/SF
Added:
Apr 27, 2026
Days on Market:
2
Last Refresh:
Apr 28 at 7:06 am

Property Features for 86 Pennington St

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
12
Bathrooms
4
Rooms
Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen
Basement Y/N
1
Standard status
Active
Size
2,964 SF
Lot size
0.06 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
13614

Utilities

Heating system
Baseboard

Building Details

Year built
1700
Number of units
3
Building materials
Vinyl Siding
Roof type
Asphalt, Shingle
Architectural style
Other

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Listing Contact
KEVIN MONTERROSA

Listing agent KEVIN MONTERROSA

Listing office REALTY ONE GROUP LEGEND 600 GETTY AVENUE, Wayne, NJ

Listing date Apr 27, 2026

MLS# 4023468 Listing URL

Copyright © 2026 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

Paterson City Multi-Family Investment

This well-maintained 3-family property is located in Paterson City, NJ, and offers strong income potential. Each of the three units features 4 bedrooms and 1 full bath, providing spacious layouts suitable for various living arrangements. The property is fully occupied, generating consistent rental income. Each unit includes separate living spaces with baseboard gas heating and window unit cooling. A full walk-out basement provides additional utility and storage space. The property is situated on a regular 25x100 lot and features vinyl siding. It is connected to municipal water and sewer services. The location is near parks, schools, shopping, and public transportation, making it attractive for both tenants and investors. This multi-family property represents a solid opportunity with existing cash flow and long-term upside.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Accounting Firm

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

Location Insight

  • Map
  • Local Demand
City
Paterson
County
Passaic
State
New Jersey
Longitude
-74.15853
Latitude
40.91207

FAQs

What type of property is this?
Triplex - Well-maintained 3-family property with strong income potential.
Where is this triplex located?
The property is located at 86 Pennington St Paterson, NJ.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: Strong income potential from a fully occupied 3‑family property.; Spacious units, each with **4 bedrooms and 1 full bath.**; Convenient Paterson location near parks, schools, shopping, and public transportation.
More about this property
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