Active

$650,000

15 Elm St, Paterson City, NJ 07501

6beds

2,900sqft

$5,154/mo

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Multi Family

Built in 1940

-- sqft lot

$-- Zestimate^®

$224/sqft

$-- HOA

What's special

Excellent investment opportunity in Paterson! Legal 3-family home featuring 2 bedrooms and 1 bath on each floor. Property needs major rehab and is being sold as-is. Located near downtown Paterson and Paterson Great Falls National Historical Park with great income potential. Asking $650,000.

131 days
90
1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4

Heating

3 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
Basement: Yes,Partially Finished
Has fireplace: No

Interior area

Total structure area: 2,900
Total interior livable area: 2,900 sqft

Property

Parking

Parking features: On Street, None

Features

Levels: 3-Three Story
Stories: 3

Lot

Size: 2,613 Square Feet
Dimensions: 25 x 110
Features: Level

Details

Parcel number: 2508047030000000250000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Aluminum Siding
Roof: Asphalt Shingle

Condition

Year built: 1940
Major remodel year: 2005

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Underground Utilities, Garbage Included

Community & HOA

Community

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

Location

Region: Paterson

Financial & listing details

Price per square foot: $224/sqft
Tax assessed value: $491,700
Annual tax amount: $10,728
Date on market: 5/22/2026
Total actual rent: 29997
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/22/2026	Listed for sale	$650,000+147.1%$224/sqft
Source: GSMLS #4029571 Report a problem
6/9/2004	Sold	$263,000$91/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,246 +3.9%	$201,100
2024	$9,860 +1.8%	$201,100
2023	$9,687 +7.6%	$201,100
2022	$9,001	$201,100
2021	$9,001 +10.7%	$201,100
2020	$8,132 -3%	$201,100 +2.2%
2019	$8,384 +4.7%	$196,700 +1.5%
2018	$8,004 -9.2%	$193,800 +0.7%
2017	$8,817 +5.6%	$192,400 -5.3%
2016	$8,347 +2.8%	$203,200
2015	$8,120 -7.5%	$203,200 -27.4%
2014	$8,781 -0.2%	$280,000 -12.5%
2012	$8,803 +8.9%	$320,000 -8.6%
2011	$8,085 +10.1%	$350,000 -8%
2010	$7,344	$380,300
2009	--	$380,300
2008	--	$380,300
2007	--	$380,300 +2578.2%
2006	--	$14,200
2005	--	$14,200
2004	--	$14,200