282 Ellison St Paterson, NJ ^$ 750,000

282 Ellison St

^$ 750,000

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Recently Listed

282 Ellison St

Paterson, NJ, 07501

^$ 750,000

Bedrooms-- Baths-- Sq 2,529

Monthly Estimate*

^$ 4,736

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Commercial Property for sale in Paterson, NJ

for $750,000. This 2,529 square foot building was built on a lot size of 0.06.

Excellent multi-family investment opportunity featuring 5 UNITS all 1-bedroom, 1-bathroom layouts. Situated in a high-demand rental pocket, this property generates strong, steady immediate cash flow with substantial, proven upside to maximize rental income. Perfect for savvy investors looking for a turn-key asset with clear value-add potential. Don't miss out on this 5th Ward gem!

Commercial Active

Price

^$ 750,000

Property Type

Commercial

Taxes

^$ 12,809

Style

Apartment Complex

Lot Size

0.06

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

4043659

Features

General

Sewer Public Sewer

Construction See Remarks

Heating Baseboard - Hotwater

Cooling Window A/C(s)

Utilities Electric Gas In Street

Possession at closing

Roof Asphalt Shingle

Zoning -

Year Built 9999

Township Paterson City

Property Type Apartment Complex Apartment Complex

Tax Year 2025

Ownership Fee Simple

Location Residential Area

County Passaic

Status Active

Directions From Straight St. right to Ellison St.

Number Of Units Total 5

Tax Annual Amount 12809

Drive On-Street Parking

Leasable Area 0

Standard Status Active

Tax Assessed Value 727300

Town # 2508

Tax Lot 8

Interior

Basement Unfinished

Fuel Type Gas-Natural

Total Stories 3

Half Baths 0

Exterior

Water Source Public Water

Exterior Description Vinyl Siding

Building Area Total 2529

Lot Dimensions 25X100

Lot Size Acres 0.06

* Excluded Features

List By

MENACHEM SILBERMAN

Listing Agent

Keller Williams Mid-Town Direct

Broker

Affordability Calculator

$5,803

Per Month

Monthly Principal & Interest: $4,736
Monthly Property Taxes: $1,067
Monthly Home Insurance: --

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Yearly 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.

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Nearby

Trends
Schools

Commerical listings in Paterson, NJ

Average List Price ^$1,191,978

Percent of Sale Price 59%

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
7/29/2026	$750,000		Listed Price

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282 Ellison St, Paterson, NJ, 07501 is a Commercial Property for sale at $750,000 with 2,529 sqft and a lot size of 0.06. The property's zip code is 07501 which is in Paterson, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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.

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282 Ellison St

Commercial Property for sale in Paterson, NJ

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