Under contract

$599,000

80 Pennington St, Paterson City, NJ 07501

8beds

--sqft

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Multi Family

Built in 1900

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

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

76 days

28

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 3
Full bathrooms: 3

Heating

3 Units, Natural Gas

Cooling

Window Unit(s)

Features

Bedrooms, Eat-in Kitchen, Living Room, Eat-In Kitchen
Basement: Yes,Full
Has fireplace: No

Interior area

Total structure area: 0

Property

Parking

Parking features: On Street

Features

Levels: 3-Three Story
Stories: 3
Patio & porch: Patio

Lot

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

Details

Parcel number: 2508064050000000240000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Aluminum Siding
Roof: Asphalt Shingle

Condition

Year built: 1900

Utilities & green energy

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

Community & HOA

Location

Region: Paterson

Financial & listing details

Tax assessed value: $506,600
Annual tax amount: $13,294
Date on market: 4/15/2026
Total actual rent: 0
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/29/2026	Pending sale	$599,000
Source: GSMLS #4020851 Report a problem
4/15/2026	Listed for sale	$599,000+33.1%
Source: GSMLS #4020851 Report a problem
12/15/2025	Sold	$450,000+135.6%
Source: Public Record Report a problem
7/12/2011	Sold	$191,000-4.5%
Source: Public Record Report a problem
2/19/2011	Listing removed	$199,900
Source: Leopizzi Real Estate Agency #2827185 Report a problem
1/21/2011	Listed for sale	$199,900
Source: Leopizzi Real Estate Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$12,697 +3.9%	$249,200
2024	$12,218 +1.8%	$249,200
2023	$12,004 +7.6%	$249,200
2022	$11,154	$249,200
2021	$11,154 +10.8%	$249,200
2020	$10,066 +7.6%	$249,200 +2.3%
2019	$9,353 +4.8%	$243,500 +12.6%
2018	$8,923 -5.1%	$216,200 +0.8%
2017	$9,407 +1%	$214,500 -1.1%
2016	$9,317 -29.9%	$216,800 -4.4%
2015	$13,294 +5.7%	$226,800 -50.5%
2014	$12,579 +9.1%	$458,400
2012	$11,529 +18.3%	$458,400
2011	$9,746 +10.1%	$458,400
2010	$8,852	$458,400
2009	--	$458,400
2008	--	$458,400
2007	--	$458,400

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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