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$599,000 Just Listed
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Property Description
Great investment opportunity in Paterson! This well-maintained three-family property features two 3-bedroom units and one 2-bedroom unit, offering strong rental income potential. The property is fully occupied, making it an ideal turnkey opportunity for investors. Spacious units with a functional layout, plus a private backyard for added outdoor space. Conveniently located near major highways, public transportation, shopping, and local amenities. Perfect for investors looking to expand their portfolio
Full Property Details
Full Property Details for 80 Pennington St
General
- Price: $599,000
- Taxes: $13,294 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4020851
- Updated: 4/15/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 14
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Exterior
- Exterior Features: Patio
Location
- County: Passaic
- Driving Directions: Market to Pennington
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 3 Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt Shingles
- Year Built: 1900
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Assessment Amount: $409,800
- Land Assmt: $96,800
- Tax Amount: $13,294
- Tax Year: 2025
Disclosures and Reports
- Block: 6405
- Lot Number: 24
Listed by Howard Hanna Rand Realty
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Schools
Schools serving 80 Pennington St
School District:Paterson City School District
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 80 Pennington St
Date
Details
Price
Change
Source
4/15/2026
Listed
$599,000
33.11%
MLS
10/29/2025
Sold
$450,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 80 Pennington St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,697
10%
$249,200
—
2022
$11,568
4%
$249,200
—
2021
$11,154
19%
$249,200
15%
2018
$9,353
-7%
$216,200
-11%
2019
$10,066
13%
$243,500
14%
2017
$8,923
-5%
$214,500
-1%
2016
$9,407
1%
$216,800
-4%
2015
$9,317
-26%
$226,800
-51%
2013
$12,578
—
$458,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 80 Pennington St
80 Pennington St, Paterson, NJ 07501 (MLS# 4020851) is a Multi-Family property with 3 units containing 8 bedrooms and 3 full bathrooms. 80 Pennington St is currently listed for $599,000 and was received on April 15, 2026. Want to learn more about 80 Pennington St? Do you have questions about finding other Multi-Family real estate for sale in Paterson? You can browse all Paterson real estate or contact a Coldwell Banker agent to request more information.

