15 N 3Rd St
Paterson, NJ, 07522 $ 524,000
Bedrooms7 Baths2.1 Monthly Estimate*
$ 3,309
for $524,000 with 7 bedrooms and 2 full baths, 1 half bath. This home was built in 1900 on a lot size of 0.06.
PRICE IMPROVEMENT - NOW $524,000! 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.1st Floor is currently Vacant and 2nd floor will vacate if requested.
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FeaturesInteriorInterior Amenities Fire Alarm Sys Smoke Detector Vinyl-Linoleum Floors
Basement Unfinished Walkout
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 1.5
Unit 2 Beds Total 5
Fuel Type Gas-Natural
Half Baths 1
Total Bedrooms 7
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GeneralSewer Public Sewer
Heating 2 Units Baseboard - Hotwater
Cooling None
Utilities All Underground
Possession see remarks
Roof Asphalt Shingle
Water Heater Gas
Garage Spaces 0
Architectural Style 3-Three Story
Exclusions Tenant Personal Belongings
Year Built 1900
Garage None On-Street Parking
Township Paterson City
Tax Year 2024
Gross Income 99999
County Passaic
Net Operating Income 99999
Operating Expense 99999
Total Rooms 11
Full Baths 2
Status Active
Directions Between Cliff St and Temple St
Open Parking Spaces 0
Number Of Units Total 2
Tax Annual Amount 11519
Home Warranty Y/N No
Drive None On-Street Parking
Standard Status Active
Tax Assessed Value 226100
Town # 2508
Tax Lot 12
Farm Assessment No
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ExteriorExterior Amenities Open Porch(es)
Water Source Public Water
Exterior Description Aluminum Siding
Lot Dimensions 25X100
Lot Size Acres 0.06
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* Excluded FeaturesList ByMIZELL EWINGListing Agent
Coldwell Banker RealtyBroker
Mizell.Ewing@coldwellbankermoves.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,309
- Monthly Property Taxes
- $960
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Paterson, NJ
Average List Price $647,985
Percent of Sale Price 24%
About Paterson, NJ 148,635 Population
0% Since 2002
$ 36,191 Median Income
34.64 Median Age
37% Households with Children
Trends Information provided by ATTOM Data Solutions.
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/1/2026 | $524,000 | -4.55% | Price Down |
| 7/21/2026 | $549,000 | -7.65% | Price Down |
| 5/31/2026 | $594,500 | | Listed Price |