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    87 Highland St Paterson, NJ 07524

    Pending
    For Sale
    $498,500

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

    Property size:
    1,500 SF
    Lot size:
    0.06 Acres
    Days on Market:
    45
    Last Refresh:
    Dec 11 at 11:06 pm

    Property Features for 87 Highland St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    Res
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
    Bedrooms
    5
    Bathrooms
    3
    Patio and Porch features
    Patio, Porch
    Interior features
    Carbon Monoxide Detector, High Ceilings, Smoke Detector
    Exterior features
    Enclosed Porch(es), Open Porch(es), Patio, Storage Shed, Thermal Windows/Doors
    Basement Y/N
    1
    Appliances
    Oven - Gas, Range
    Size
    1,500 SF
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Baseboard, Hot Water (Heating), Radiant
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1920
    Number of units
    2
    Building materials
    Aluminum Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other
    Additional Structures
    Packing Shed, Shed(s), Storage

    Keller Williams Prosperity Realty (973) 696-0077 [email protected]

    Listing agent FRANK ABATE (973) 696-0077

    Listing date Oct 28, 2025

    MLS# 3990391 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

    Three-Story Multi-Family in Paterson City

    This three-story multi-family property is located in Paterson City, NJ, within the historic Riverside community. The property is in excellent condition, featuring updated kitchens and baths. New gas boilers and high-efficiency hot water heaters have been installed. The home is equipped with solar panels, providing lower electricity costs for each floor, which has separate electric meters. The first-floor apartment includes one bedroom and an additional small room suitable for multi-purpose use. The upper apartment offers two floors of living space, with a sink on the third floor alongside the two bedrooms. An enclosed porch area leads to the backyard, which features a 10 x 16 shed with electric, ideal for a hobby room or storage space. The full basement includes a laundry center and a toilet. The property is part of the Historic Riverside community, which is undergoing a renewal phase with ongoing projects and building renovations. Riverside Park is nearby, offering recreational space. The location provides easy access to Routes 208, 20, and 80. The lot size is 0.06 acres, and the property size is 1500 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Paterson
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.15784
    Latitude
    40.93038

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    FAQs

    What type of property is this?
    Duplex - Updated multi-family property with solar, near Riverside Park.
    Where is this duplex located?
    The property is located at 87 Highland St Paterson, NJ.
    What is the asking price?
    The asking price for this property is $498,500.
    What are key features of this property?
    This property features: - Updated kitchens and baths, new gas boilers, and new high-efficiency hot water heaters.; - Solar panels and separate electric for each floor offer potential for significantly lower electricity costs.; - Located in the Historic Riverside community, undergoing renewal and offers proximity to Riverside Park.
    (973) 696-0077
    Request Owner's contact information
    87 Highland St Paterson, NJ 07524
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    Paterson, NJ 07524
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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
    87 Highland St Paterson, NJ 07524
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