Active

$1,700,000

153 Ellison St #155, Paterson City, NJ 07505

--beds

9baths

5,300sqft

$12,118/mo

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Apartment

Built in 1900

-- sqft lot

$-- Zestimate^®

$321/sqft

$-- HOA

What's special

Huge in sizes

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

371 days

94

5

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

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Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
1/23/2026	Price change	$1,700,000-14.6%$321/sqft
Source: GSMLS #3982663 Report a problem
12/2/2025	Price change	$1,990,000-20.4%$375/sqft
Source: GSMLS #3982663 Report a problem
8/21/2025	Listed for sale	$2,500,000-28.6%$472/sqft
Source: GSMLS #3982663 Report a problem
1/29/2025	Listing removed	$3,500,000$660/sqft
Source: GSMLS #3915710 Report a problem
7/27/2024	Listed for sale	$3,500,000$660/sqft
Source: GSMLS #3915710 Report a problem