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.
Active
Price cut: $25K (9/1)
$524,000
15 N 3Rd St, Paterson City, NJ 07522
7beds
19,998sqft
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
- 125 days
- 219
- 10
Zillow last checked:
Listing updated:
Listed by:
Mizell Ewing 732-735-4715,
Coldwell Banker Realty
Source: GSMLS,MLS#: 4031056
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
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Price change | $524,000-4.6%$26/sqft |
Source: | ||
| 7/21/2026 | Price change | $549,000-7.7%$27/sqft |
Source: | ||
| 5/30/2026 | Listed for sale | $594,500+62.9%$30/sqft |
Source: | ||
| 5/25/2023 | Sold | $365,000+1.7%$18/sqft |
Source: | ||
| 4/12/2023 | Pending sale | $359,000$18/sqft |
Source: | ||
| 3/28/2023 | Listed for sale | $359,000$18/sqft |
Source: | ||
| 12/20/2022 | Pending sale | $359,000$18/sqft |
Source: | ||
| 11/7/2022 | Listed for sale | $359,000-5.5%$18/sqft |
Source: | ||
| 11/6/2022 | Listing removed | -- |
Source: | ||
| 7/6/2022 | Listed for sale | $380,000+0.3%$19/sqft |
Source: | ||
| 11/14/2021 | Listing removed | -- |
Source: | ||
| 9/14/2021 | Listed for sale | $379,000+72.3%$19/sqft |
Source: | ||
| 7/2/2018 | Sold | $220,000+22.9%$11/sqft |
Source: HCMLS #180002481 Report a problem | ||
| 3/9/2018 | Listing removed | $179,000$9/sqft |
Source: Keller Williams Realty City Life #180002481 Report a problem | ||
| 2/12/2018 | Listed for sale | $179,000+110.5%$9/sqft |
Source: KELLER WILLIAMS CITY LIFE REALTY #180002481 Report a problem | ||
| 9/18/2017 | Sold | $85,050+77.6%$4/sqft |
Source: Public Record Report a problem | ||
| 7/6/2017 | Listed for sale | $47,900-26.3%$2/sqft |
Source: Keller Williams City Views Realty #1727301 Report a problem | ||
| 5/9/2017 | Listing removed | $65,000$3/sqft |
Source: RE/MAX Executive Group #3341421 Report a problem | ||
| 10/7/2016 | Listed for sale | $65,000-75.8%$3/sqft |
Source: RE/MAX Executive Group #3341421 Report a problem | ||
| 6/17/2005 | Sold | $269,000+84.2%$13/sqft |
Source: Public Record Report a problem | ||
| 10/12/2004 | Sold | $146,000$7/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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




