39 Hillman Street

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Address: 39 Hillman St, Paterson, NJ 07522, USA
New York & Tri-State + Apartment Buildings
Created date: September 30, 2026
Date last updated: October 3, 2026
Price: $449,999Investment Analyzer NEW!

Property Description

Your investment search ends here! Great investment opportunity in Paterson's Northside section! This recently updated two-family home offers a total of 6 bedrooms and 2 full bathrooms with updated flooring throughout both units.Unit 1 features 2 bedrooms, 1 full bathroom, updated finishes, and laminate flooring throughout. Currently rented for $1,800/month and scheduled to be delivered vacant by the end of September.Unit 2 features 3 bedrooms, 1 full bathroom, spread across two floors, with updated finishes and laminate flooring throughout. Currently rented for $1,880/month.Both units are currently occupied and will be month-to-month by the end of August, offering flexibility for an investor. Combined current rental income is $3,680/month.Conveniently located in Paterson's Northside section, close to local amenities, shopping, transportation, and major roadways. Property is being sold strictly AS-IS and is located in a flood zone.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $449,999
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 6
Number of Bathrooms: 2
Address: 39 Hillman Street, Paterson, NJ 07522, USA
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Investment Analyzer

Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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