86 Pennington St , Paterson City, New Jersey 07501-3138

  • $699,999

Description

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 25×100 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.

  • City: Paterson City
  • State/county: Passaic

Details

Updated on April 30, 2026 at 9:27 am
  • Property ID HZ4023468
  • Price $699,999
  • Property Size 2964
  • Bedrooms 12
  • Bathrooms 4
  • Property Type Residential Income
  • Property Status Active

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Queens Realty New Jersey

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