Skip main navigation
Active
  • Price cut: $25K (9/1)
    $524,000

    15 N 3Rd St, Paterson City, NJ 07522

    7beds
    19,998sqft
    : 
    $4,156/mo
    Get pre-qualified
    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $26/sqft
    $-- HOA

    What's special

    Private backyardRenovated bathFull basement for storageUpdated rear stairsItalian wood-look porcelain flooringSpanish porcelain flooringQuartz countertops
    PRICE IMPROVEMENT Now accepting Offers Exceptional opportunity for owner-occupants and investors alike. Completely renovated in 2022, this turn-key multi-family property features two spacious units plus a 3rd-floor ADU with 2 bedrooms, kitchen, and bath, offering outstanding income potential and flexible living arrangements. The 1st-floor unit is now vacant, and the 2nd-floor tenant will vacate at closing, providing immediate occupancy and rental flexibility. Unit 1 offers Spanish porcelain flooring, quartz countertops, 2 bedrooms, and a renovated bath. Unit 2 spans the 2nd and 3rd floors with Italian wood-look porcelain flooring, 5 bedrooms, 1.5 baths, and an updated kitchen with quartz counters. Major improvements include new hydronic boilers, updated electrical panels, hot water heaters, separate utilities, updated rear stairs, private backyard, and full basement for storage. Lead-Free Certification and UST Oil Tank Scan documentation available. Conveniently located near schools, shopping, restaurants, parks, and public transportation. Whether you're looking to live in one unit while generating income or add a strong cash-flowing asset to your portfolio, this property delivers exceptional value at its new price. Units 3 are currently occupied with month to month tenants. 2nd floor will vacate if requested.
    125 days
    219
    10

    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: $26/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

        $2,281/mo

        Price history

        DateEventPrice
        9/1/2026Price change$524,000-4.6%$26/sqft
        Source: GSMLS #4031056 Report a problem
        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

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Northside

        Getting around

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

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts