153-155 Ellison St Paterson, NJ ^$ 1,990,000

153-155 Ellison St

^$ 1,990,000

Back to search

153-155 Ellison St

Paterson, NJ, 07505

^$ 1,990,000

Bedrooms-- Baths-- Sq 5,300

153-155 Ellison St, Paterson, NJ 07505 - Image 1

153-155 Ellison St, Paterson, NJ 07505 - Image 2

153-155 Ellison St, Paterson, NJ 07505 - Image 3

153-155 Ellison St, Paterson, NJ 07505 - Image 4

153-155 Ellison St, Paterson, NJ 07505 - Image 5

153-155 Ellison St, Paterson, NJ 07505 - Image 6

153-155 Ellison St, Paterson, NJ 07505 - Image 7

153-155 Ellison St, Paterson, NJ 07505 - Image 8

153-155 Ellison St, Paterson, NJ 07505 - Image 9

153-155 Ellison St, Paterson, NJ 07505 - Image 10

153-155 Ellison St, Paterson, NJ 07505 - Image 11

153-155 Ellison St, Paterson, NJ 07505 - Image 12

153-155 Ellison St, Paterson, NJ 07505 - Image 13

153-155 Ellison St, Paterson, NJ 07505 - Image 14

153-155 Ellison St, Paterson, NJ 07505 - Image 15

153-155 Ellison St, Paterson, NJ 07505 - Image 16

153-155 Ellison St, Paterson, NJ 07505 - Image 17

153-155 Ellison St, Paterson, NJ 07505 - Image 18

153-155 Ellison St, Paterson, NJ 07505 - Image 19

153-155 Ellison St, Paterson, NJ 07505 - Image 20

153-155 Ellison St, Paterson, NJ 07505 - Image 21

153-155 Ellison St, Paterson, NJ 07505 - Image 22

153-155 Ellison St, Paterson, NJ 07505 - Image 23

153-155 Ellison St, Paterson, NJ 07505 - Image 24

153-155 Ellison St, Paterson, NJ 07505 - Image 25

153-155 Ellison St, Paterson, NJ 07505 - Image 26

153-155 Ellison St, Paterson, NJ 07505 - Image 27

153-155 Ellison St, Paterson, NJ 07505 - Image 28

153-155 Ellison St, Paterson, NJ 07505 - Image 29

153-155 Ellison St, Paterson, NJ 07505 - Image 30

153-155 Ellison St, Paterson, NJ 07505 - Image 31

153-155 Ellison St, Paterson, NJ 07505 - Image 32

153-155 Ellison St, Paterson, NJ 07505 - Image 33

153-155 Ellison St, Paterson, NJ 07505 - Image 34

153-155 Ellison St, Paterson, NJ 07505 - Image 35

153-155 Ellison St, Paterson, NJ 07505 - Image 36

153-155 Ellison St, Paterson, NJ 07505 - Image 37

Property for Rent in Paterson, NJ

for $1,990,000 with 9 half baths. This 5,300 square foot property was built in 1900 on a lot size of 0.12.

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

Rental Active

Price

^$ 1,990,000

Half Bath

Taxes

^$ 48,907

Style

Store With Apartment

Lot Size

0.12

Year Built

1900

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

3982663

Features

General

Sewer Public Sewer Sewer Charge Extra

Construction Brick/Block

Heating 2 Units Radiant - Electric

Cooling 1 Unit Central Air

Utilities All Underground Electric

Possession 0

Roof Flat Rubberized

Zoning commercial

Year Built 1900

Tenant Pays Cable T.V. Electric Heat

Township Paterson City

Property Type Store With Apartment Store With Apartment

Tax Year 2023

Ownership Fee Simple

Location Business District

Lease Information 1 Year Minimum 3-5 Year Minimum

Gross Income 134400

County Passaic

Net Operating Income 64200

Operating Expense 70200

Status Active

Directions Between Colt St and Church St

Number Of Units Total 9

Tax Annual Amount 48907

Drive None

Leasable Area 3000

Lease Type Net

Standard Status Active

Tax Assessed Value 997500

Town # 2508

Tax Lot 14

Farm Assessment No

Interior

Basement Finished-Partially Full

Flooring Laminate Tile Wood

Fuel Type Electric Gas-Natural Oil Tank Above Ground - Outside

Total Stories 3

Half Baths 9

Exterior

Lot Features Level Lot

Water Source Public Water Water Charge Extra

Exterior Description Brick/Block

Building Area Total 5300

Lot Dimensions 50X106

Lot Size Acres 0.12

* Excluded Features

List By

JUANA E. TORRES

Listing Agent

Nicholas Real Estate Agency

Broker

Nearby

Trends
Schools

About Paterson, NJ

148,635 Population

0% Since 2002

^$36,191 Median Income

34.64 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/2/2025	$1,990,000	-20.40%	Price Down
8/21/2025	$2,500,000	-90.00%	Price Down
8/21/2025	$25,000,000		Listed Price

Map

More homes like this one

homes for you

See all

153-155 Ellison St, Paterson, NJ, 07505 is a Property for Rent at $1,990,000 with 5,300 sqft and a lot size of 0.12. 153-155 Ellison St was built in 1900. The property's zip code is 07505 which is in Paterson, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

*Full Name

*Email

*Phone

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

153-155 Ellison St

Property for Rent in Paterson, NJ

Map

More homes like this one

Get more info about this home