2 months on rocket

12 Pennington St Unit 2, Paterson City, NJ, 07501

$439,000

Home List Price

$5,213*

Closing Credit

6 Bedrooms
3 Full Baths
Multi

Location

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12 Pennington St Unit 2, Paterson$439,000

Buyer Closing Credits

$5,213*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone, On-Street Parking
Year Built1900
HeatingMulti Unit(s), Forced Air, Natural Gas
BasementYes
MLS #3924124
Lot Size0.05 Acres
StatusActive

About 12 Pennington St Unit 2

Very nice well kept 2 family home. Quiet street. High ceilings and spacious rooms. Separate utilities. First floor apartment has 2 bedrooms, dinning room, kitchen, living room. Second apartment (2nd and 3rd floor) has 4 bedrooms, dinning rooms, 2 full baths, kitchen, living room. Newer furnace, 2020 and one is about 7 years old. Fenced in private yard. Rents are below market value. Great tenants, month to month, pay through cash app and section 8 by the 1st of the month. The building could be easily be converted to a 3 family through town.. Basement also has plumbing in place for a half bath.

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story
  • Year Built: 1900

Listing Office:

  • Office Name: REALTY ONE GROUP LEGEND
  • Office Phone: (201) 970-3795

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: Yes
  • Interior: Smoke Detector, Tile Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Metal Fence, Sidewalk

Parking Information:

  • Parking: None, On-Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Multi Unit(s), Forced Air, Natural Gas

Other

Directions Information:

  • Directions: Madison to Park to Pennington

Price Information

Listing Price Info

Price Summary:

  • List Price: $439,000
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Housing Market Comparison

See how this home compares to others in Paterson, NJ.

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Paterson, NJ

City

Med. List Price

$450K

Med. Price/SqFt

$287

Avg. Days On Market

80

# of Sold Homes

12

12 Pennington St Unit 2 vs Paterson

63 DAYS ON ROCKET

-17 Days

$439,000

-$11K Less

KEY TAKEAWAY

This property is $11K less than the Median List Price in Paterson, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3924124

Listing Office:

  • Office Name: REALTY ONE GROUP LEGEND
  • Office Phone: (201) 970-3795

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

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Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 7:20:46 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$2,259

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,383

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-510949
3
/10

  • Roberto Clemente

  • 434 Rosa Parks Blvd

  • 0.09 miles

  • Public District Grades KG-5

school-card-donut-510950
3
/10

  • School 15

  • 98 Oak St

  • 0.31 miles

  • Public District Grades PK-5

school-card-donut-510951
1
/10

  • Edward W. Kilpatrick

  • 295-315 Ellison St

  • 0.37 miles

  • Public District Grades PK-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,163. The most common annual income of people living in Paterson, NJ is less than $35k. Typical family type is single, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Passaic County›Paterson›07501›12 Pennington St Unit 2

This home is located at 12 Pennington St Unit 2 in Paterson City, NJ and zip code 07501 in the 5th Ward neighborhood. This home, which was built in 1900, sits on a 0.05 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 15, 2024 and is currently priced at $439,000.

Between September 2024 and October 2024, Paterson, NJ real estate market has seen increase in the number of listings by 25.1%. In October 2024, listings were on the market for 80 days. During the same period, the median list price in this real estate market was $450,000.

From Rocket Homes Real Estate and based on county public records data.

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