Active

Price cut: $25K (8/13)

$374,999

62 Highland St, Paterson City, NJ 07524

4beds

2,000sqft

$2,795/mo

Get pre-qualified

Multi Family

Built in 1900

-- sqft lot

$-- Zestimate^®

$187/sqft

$-- HOA

What's special

Two spacious unitsFunctional layoutsComfortable living spaces

Well-maintained legal two-family home offering an excellent opportunity for both owner-occupants and investors. This property features two spacious units, each offering 2 bedrooms and 1 full bathroom with functional layouts and comfortable living spaces. Whether you're looking to live in one unit while generating rental income from the other or expand your investment portfolio, this property provides outstanding flexibility. Conveniently located near schools, shopping, restaurants, parks, major highways, and public transportation, making commuting a breeze. A solid investment with great income potential in a desirable Paterson location. Don't miss this opportunity to own a move-in-ready multi-family property.

22 days

2,555

172

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

2 Units, Natural Gas

Cooling

Window Unit(s)

Appliances

Included: Range/Oven - Gas, Refrigerator, Gas Water Heater

Features

Bedrooms, Eat-in Kitchen, Living Room, Eat-In Kitchen
Flooring: Vinyl-Linoleum Floors
Doors: Storm Door(s)
Basement: Yes,Full,Walk-Out Access
Has fireplace: No

Interior area

Total structure area: 2,000
Total interior livable area: 2,000 sqft

Property

Parking

Parking features: None

Features

Levels: One
Stories: 1

Lot

Size: 2,613 Square Feet
Dimensions: 25 x 100

Details

Parcel number: 2508029120000000330000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Roof: Asphalt Shingle

Condition

Year built: 1900
Major remodel year: 2010

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Carbon Monoxide Detector, Smoke Detector

Location

Region: Paterson

Financial & listing details

Price per square foot: $187/sqft
Tax assessed value: $383,100
Annual tax amount: $7,463
Date on market: 8/3/2026
Total actual rent: 3175
Tenant pays: Electricity, Gas, Tenant Pays Electric, Tenant Pays Gas

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/13/2026	Price change	$374,999-6.3%$187/sqft
Source: GSMLS #4044559 Report a problem
8/3/2026	Listed for sale	$399,999-9.1%$200/sqft
Source: NJMLS #26029152 Report a problem
6/29/2026	Listing removed	$440,000$220/sqft
Source: NJMLS #26022220 Report a problem
6/15/2026	Listed for sale	$440,000+20.5%$220/sqft
Source: NJMLS #26022220 Report a problem
10/16/2023	Listing removed	--
Source: GSMLS #3714107 Report a problem
8/17/2022	Sold	$365,000+52.1%$183/sqft
Source: Public Record Report a problem
10/15/2021	Sold	$240,000-4%$120/sqft
Source: GSMLS #3714107 Report a problem
8/21/2021	Price change	$250,000-5.7%$125/sqft
Source: GSMLS #3714107 Report a problem
5/20/2021	Listed for sale	$265,000+382.7%$133/sqft
Source: GSMLS #3714107 Report a problem
6/4/2012	Sold	$54,900$27/sqft
Source: GSMLS #2916091 Report a problem
3/21/2012	Listed for sale	$54,900$27/sqft
Source: BHG Rand Realty - Hawthorne #2916091 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,128 +3.9%	$139,900
2024	$6,859 +1.8%	$139,900
2023	$6,739 +7.6%	$139,900
2022	$6,262	$139,900
2021	$6,262 +10.6%	$139,900
2020	$5,659 -3%	$139,900 +2.2%
2019	$5,836 +4.8%	$136,900 +1.5%
2018	$5,570 -7.8%	$134,900 +0.7%
2017	$6,040 +5.6%	$133,900 -3.8%
2016	$5,718 -23.9%	$139,200
2015	$7,511 +5.7%	$139,200 -46.3%
2014	$7,107 +9.1%	$259,000
2012	$6,514 +18.3%	$259,000
2011	$5,506 +10.1%	$259,000
2010	$5,001	$259,000
2009	--	$259,000
2008	--	$259,000
2007	--	$259,000 +1877.1%
2006	--	$13,100
2005	--	$13,100
2004	--	$13,100
2003	--	$13,100
2002	--	$13,100
2001	--	$13,100