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Residential Income For Sale

86 Pennington Street, Paterson, NJ 07501

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Property 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.

Basic Details
Property Type:
Residential Income
Listing Type:
For Sale
Listing ID:
26013970
Price:
$699,999
Status:
Active Under Contract
Office Name:
Realty One Group Legend, Clifton
Agent Name:
Kevin
Features
Architectural Style:
3 Family
Laundry Features:
See Remarks
Utilities:
O/See Rmks
Address Map
Country:
US
State:
NJ
County:
PASSAIC
City:
Paterson
Zipcode:
07501
Street:
Pennington
Street Number:
86
Street Suffix:
Street
Longitude:
W75° 50' 29.5''
Latitude:
N40° 54' 45''
Additional Information
On Market Date:
2026-04-27
Financial
Tax Annual Amount:
13614
Listing Information
Co List Agent Mls Id:
496537
Co List Office Name:
Realty One Group Legend, Clifton
List Agent Mls Id:
1029526
List Office Mls Id:
120403
Mls Status:
Under Contract
Modification Timestamp:
2026-07-29T16:07:48Z
Originating System Name:
njmls
Status Change Timestamp:
2026-05-15
Residential Income For Sale
Listing ID:
26013970
$699,999
Agent info
Contact Agent

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