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  • Price cut: $45.5K (7/21)
    $549,000

    15 N 3Rd St, Paterson City, NJ 07522

    7beds
    19,998sqft
    : 
    $4,057/mo
    Get pre-qualified
    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $27/sqft
    $-- HOA

    What's special

    Private backyardFully renovated bathNewer backyard stairsTwo spacious unitsTwo generously sized bedroomsFive bedroomsElegant spanish porcelain flooring
    GREAT INVESTMENT OPPORTUNITY FOR BOTH USER AND INVESTOR. PRICE IMPROVEMENT - NOW $549,000! Exceptional opportunity for Both owner-occupants and investors to own this beautifully renovated income-producing multi-family property. Featuring two spacious units plus a 3rd-floor ADU with 2 bedrooms, kitchen, and bath, this property offers outstanding rental income potential and flexible living arrangements. The first-floor unit features elegant Spanish porcelain flooring, a large living room, a brand-new eat-in kitchen with custom quartz countertops, two generously sized bedrooms, and a fully renovated bath. The expansive second unit spans the second and third floors and showcases premium Italian wood-look porcelain flooring, a spacious living room, a new kitchen with quartz countertops, five bedrooms, and 1.5 baths. Additional improvements include separate and updated utilities, upgraded electrical panels, newer backyard stairs, a private backyard, and a full unfinished basement offering additional storage and future possibilities. Conveniently located near public transportation, schools, parks, shopping, and restaurants. Whether you're looking to live in one unit and generate rental income from the others or add a strong cash-flowing asset to your portfolio, this turn-key property delivers exceptional value First is now vacant and 2nd floor tenant will vacate at closing. LEAD FREE CRETIFICATION AND UST OIL TANK SCAN DOCUMENTS AVAILABLE .Showing all units Tues Evening 8/18/26
    79 days
    |
    186
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mizell Ewing 732-735-4715,

    Coldwell Banker Realty

    Source: GSMLS,MLS#: 4031056MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 2.1
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • 2 Units, Baseboard - Hotwater, Natural Gas
      Appliances
      • Included: Range/Oven - Gas, Refrigerator, Gas Water Heater
      Features
      • Bedrooms, Dining Room, Eat-in Kitchen, Eat-In Kitchen
      • Flooring: Vinyl-Linoleum Floors
      • Basement: Yes,Unfinished,Walk-Out Access
      • Has fireplace: No
      Interior area
      • Total structure area: 19,998
      • Total interior livable area: 19,998 sqft

      Property

      Parking
      • Parking features: None, On Street, On-Street Parking
      • Has uncovered spaces: Yes
      Features
      • Levels: 3-Three Story
      • Stories: 3
      • Patio & porch: Open Porch(es)
      Lot
      • Size: 2,613 Square Feet
      • Dimensions: 25 x 100
      Details
      • Parcel number: 2508003040000000120000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Aluminum Siding
      • Roof: Asphalt Shingle
      Condition
      • Year built: 1900
      • Major remodel year: 2022

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Underground Utilities, Cable Available

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Carbon Monoxide Detector, Fire Alarm Sys, Smoke Detector
      Location
      • Region: Paterson

      Financial & listing details

      • Price per square foot: $27/sqft
      • Tax assessed value: $226,100
      • Annual tax amount: $11,519
      • Date on market: 5/30/2026
      • Exclusions: Tenant Personal Belongings
      • Total actual rent: 3600
      • Tenant pays: Electricity, Gas, Tenant Pays Heat

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,565/mo

        Price history

        DateEventPrice
        7/21/2026Price change$549,000-7.7%$27/sqft
        Source: GSMLS #4031056 Report a problem
        5/30/2026Listed for sale$594,500+62.9%$30/sqft
        Source: GSMLS #4031056 Report a problem
        5/25/2023Sold$365,000+1.7%$18/sqft
        Source: GSMLS #3816530 Report a problem
        4/12/2023Pending sale$359,000$18/sqft
        Source: NJMLS #22040050 Report a problem
        3/28/2023Listed for sale$359,000$18/sqft
        Source: NJMLS #22040050 Report a problem
        12/20/2022Pending sale$359,000$18/sqft
        Source: NJMLS #22040050 Report a problem
        11/7/2022Listed for sale$359,000-5.5%$18/sqft
        Source: NJMLS #22040050 Report a problem
        11/6/2022Listing removed--
        Source: GSMLS #3794102 Report a problem
        7/6/2022Listed for sale$380,000+0.3%$19/sqft
        Source: NJMLS #22025005 Report a problem
        11/14/2021Listing removed--
        Source: New Jersey Multiple Listing Service, Inc Report a problem
        9/14/2021Listed for sale$379,000+72.3%$19/sqft
        Source: New Jersey Multiple Listing Service, Inc #21037062 Report a problem
        7/2/2018Sold$220,000+22.9%$11/sqft
        Source: HCMLS #180002481 Report a problem
        3/9/2018Listing removed$179,000$9/sqft
        Source: Keller Williams Realty City Life #180002481 Report a problem
        2/12/2018Listed for sale$179,000+110.5%$9/sqft
        Source: KELLER WILLIAMS CITY LIFE REALTY #180002481 Report a problem
        9/18/2017Sold$85,050+77.6%$4/sqft
        Source: Public Record Report a problem
        7/6/2017Listed for sale$47,900-26.3%$2/sqft
        Source: Keller Williams City Views Realty #1727301 Report a problem
        5/9/2017Listing removed$65,000$3/sqft
        Source: RE/MAX Executive Group #3341421 Report a problem
        10/7/2016Listed for sale$65,000-75.8%$3/sqft
        Source: RE/MAX Executive Group #3341421 Report a problem
        6/17/2005Sold$269,000+84.2%$13/sqft
        Source: Public Record Report a problem
        10/12/2004Sold$146,000$7/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,520 +3.9%$226,100
        2024$11,086 +1.8%$226,100
        2023$10,891 +7.6%$226,100
        2022$10,120 $226,100
        2021$10,120 +10.7%$226,100
        2020$9,140 +62.4%$226,100 +2.3%
        2019$5,628 +4.8%$221,100 +69.9%
        2018$5,371 -9.1%$130,100 +0.8%
        2017$5,910 +5.6%$129,100 -5.2%
        2016$5,595 -38%$136,200
        2015$9,025 +5.7%$136,200 -56.2%
        2014$8,539 +9.1%$311,200
        2012$7,827 +18.3%$311,200
        2011$6,616 +10.1%$311,200
        2010$6,009 $311,200
        2009-- $311,200
        2008-- $311,200
        2007-- $311,200 +2729.1%
        2005-- $11,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        Climate risks

        Neighborhood: Northside

        Getting around

        86 / 100
        Very Walkable
        58 / 100
        Good Transit
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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