Vacant 3-Unit Residential Income
For Sale
$647,000
Pending
93 Highland St 1-3, Paterson, NJ 07524
Three separate units with individual utilities and recent exterior and systems updates offer a straightforward multi-family setup for occupancy or investment.
Property SizeContact for details
Days on Market75
Property Features for 93 Highland St 1-3
General Information
Standard status
Pending
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$10,637
Building Details
Year Built
1939
Units
3
Listing Agency:
eXp Realty, LLC
(866) 201-6210
Listed By:
NADIYAH MALBON
Source:
Elliman
Added: Jun 10
Changed: Aug 8
Last Checked: Aug 8 at 3:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC
Investment Insights
Based on property information with market context.
This well-maintained 3-unit multi-family property is configured as two units with three bedrooms and one bath, plus a third unit with two bedrooms and one bath. All three units are currently vacant and available for lease, with separate utilities provided for each unit. The building also includes basement access and a shared backyard area for tenant use.
Recent exterior upgrades include a newer roof and siding. Interior improvements include two newer boilers, along with updated plumbing and electrical systems. The property is positioned for convenient commuting with access to all major highways.
For tenants, the unit mix supports a range of household needs, from three-bedroom layouts to a two-bedroom option, while separate utilities can support more independent living. For buyers or operators, the combination of vacancy, individual utility setups, and documented recent system updates can make for a practical path to stabilizing the property and bringing units to lease-up.
Recent exterior upgrades include a newer roof and siding. Interior improvements include two newer boilers, along with updated plumbing and electrical systems. The property is positioned for convenient commuting with access to all major highways.
For tenants, the unit mix supports a range of household needs, from three-bedroom layouts to a two-bedroom option, while separate utilities can support more independent living. For buyers or operators, the combination of vacancy, individual utility setups, and documented recent system updates can make for a practical path to stabilizing the property and bringing units to lease-up.
Key Highlights
- 3‑unit multifamily built in 1939 with two 3BR/1BA units and one 2BR/1BA unit
- Units are currently vacant and available for lease
- Separate utilities for each unit plus basement access
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,672
Businesses Nearby
Explore this area
Business Placement
Demographics for 07524, NJ
14,130
Population
4,670
Households
3
Avg Household Size
33
Median Age
13%
College-Educated
73%
High-School Grad
0.8 sq mi
ZIP Area
17,663
Density / Sq Mi
$50,033
Median Household Income
$31,934
Median Earnings
$1,386
Median Rent
$360,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three separate units with individual utilities and recent exterior and systems updates offer a straightforward multi-family setup for occupancy or investment.
Where is this triplex located?
The property is located at 93 Highland St 1-3 Paterson, NJ.
What is the asking price?
The asking price for this property is $647,000.
What are key features of this property?
This property features: 3‑unit multifamily built in 1939 with two 3BR/1BA units and one 2BR/1BA unit; Units are currently vacant and available for lease; Separate utilities for each unit plus basement access
