Date
Details
Price
Change
Source
4/27/2026
Listed
$699,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$699,999 Just Listed
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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 25x100 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.
Full Property Details
Full Property Details for 86 Pennington St
General
- Price: $699,999
- Taxes: $13,614 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4023468
- Updated: Today (4/27/2026)
- Added to Site: Today
Interior
- Number of Rooms: 15
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 12
Location
- County: Passaic
- Driving Directions: Between Totowa Avenue and East 24th Street
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: Baseboard - Cast Iron
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Walk-Out
- Roof: Asphalt Shingles
- Square Feet: 2,964
- Year Built: 1700
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living/Dining Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 4
Unit 2
- Unit Description: Bedrooms, Kitchen, Living/Dining Room
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 4
Unit 3
- Unit Description: Bedrooms, Kitchen, Living/Dining Room
- Levels/Stories: 3
- Total Bathrooms: 1
- Bedrooms: 4
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: See Remarks
Financial Considerations
- Operating Expenses: $1
- Assessment Amount: $510,500
- Land Assmt: $96,800
- Tax Amount: $13,614
- Tax Year: 2025
Disclosures and Reports
- Disclosures: Yes
- Block: 6405
- Lot Number: 27
Listed by Realty One Group Legend
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Listing agent
— 86 Pennington St —
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201-927-2486
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Schools
Schools serving 86 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 86 Pennington St
Tax History
Tax History for 86 Pennington St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,002
10%
$255,200
—
2022
$11,846
4%
$255,200
—
2021
$11,423
22%
$255,200
18%
2018
$9,348
5%
$216,100
1%
2017
$8,919
-9%
$214,400
-5%
2016
$9,832
-5%
$226,600
-9%
2019
$10,310
11%
$249,400
10%
2015
$9,309
-4%
$226,600
-36%
2013
$9,741
—
$355,000
—
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 86 Pennington St
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86 Pennington St, Paterson, NJ 07501 (MLS# 4023468) is a Multi-Family property with 3 units containing 12 bedrooms and 4 full bathrooms. 86 Pennington St is currently listed for $699,999 and was received on April 27, 2026. Want to learn more about 86 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.