9 units building in the Heart and desirable downtown Paterson with many updates. 9 Units consist of 5 residential apartments and 4 commercials. Just recently obtain green card. No jostle just collect rent. There are 1 empty unit just waiting to be rented as you wish. Most of the tenants are a month to month. 1 unit 3 Bedrooms, 2 units are 2 bedrooms and 2 units 1 bedrooms. All of the apartments are huge in sizes. This is a true and very good investment
Active
$1,700,000
153 Ellison St #155, Paterson City, NJ 07505
--beds
9baths
5,300sqft
Apartment
Built in 1900
-- sqft lot
$-- Zestimate®
$321/sqft
$-- HOA
What's special
Huge in sizes
- 320 days |
- 67 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Juana E. Torres 973-340-1202,
Nicholas Real Estate Agency
Source: GSMLS,MLS#: 3982663
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 9
Heating
- 2 Units, Radiant - Electric, Electric, Natural Gas, Oil Tank Above Ground - Outside
Cooling
- 1 Unit, Central Air
Features
- Flooring: Laminate, Tile, Wood
- Doors: Max Door Height: 80
- Basement: Yes,Partially Finished,Full
Interior area
- Total structure area: 5,300
- Total interior livable area: 5,300 sqft
Property
Parking
- Parking features: None
Features
- Stories: 3
Lot
- Size: 5,227 Square Feet
- Dimensions: 50 x 106
- Features: Level, Business District
Details
- Parcel number: 2508044070000000140000
- Zoning description: commercial
- Other equipment: Appliances
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
- Attached to another structure: Yes
Materials
- Brick/Block
- Roof: Flat,Rubber
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer, Sewer Charge Extra
- Water: Public, Water Charge Extra
- Utilities for property: Underground Utilities, Electricity Connected
Community & HOA
Community
- Security: Fire Alarm, Smoke Detector(s)
Location
- Region: Paterson
Financial & listing details
- Price per square foot: $321/sqft
- Tax assessed value: $997,500
- Annual tax amount: $48,907
- Date on market: 8/21/2025
- Inclusions: Building & Land
- Ownership type: Fee Simple
- Lease term: 1 Year Minimum,3-5 Year Minimum
- Tenant pays: Cable TV, Electricity, Heat, All Utilities
- Electric utility on property: Yes
Visit our professional directory to find an agent in your area that can help with your home search.
Visit professional directoryEstimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 1/23/2026 | Price change | $1,700,000-14.6%$321/sqft |
Source: | ||
| 12/2/2025 | Price change | $1,990,000-20.4%$375/sqft |
Source: | ||
| 8/21/2025 | Listed for sale | $2,500,000-28.6%$472/sqft |
Source: | ||
| 1/29/2025 | Listing removed | $3,500,000$660/sqft |
Source: | ||
| 7/27/2024 | Listed for sale | $3,500,000$660/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 4/10Norman S. Weir Elementary SchoolGrades: K-8Distance: 0.1 mi
- 1/10Newcomers High SchoolGrades: 9-12Distance: 0 mi
- New Jersey
- Passaic County
- Paterson
- 07505
- Downtown
- 153 Ellison St Unit 155





