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$ 524,000
Est. payment /mo
Price Dropped by $25K
15 N 3Rd St Paterson City, NJ 07522
7 Beds
2.5 Baths
19,998 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 19,998 sqft
Price per Sqft $26
MLS Listing ID 4031056
Style 3-Three Story
Bedrooms 7
Full Baths 2
Half Baths 1
Year Built 1900
Annual Tax Amount $11,519
Tax Year 2024
Lot Size 2,613 Sqft
Property Description
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.
Location
State NJ
County Passaic
Rooms
Basement Unfinished, Walkout
Interior
Interior Features Fire Alarm Sys, Smoke Detector, Vinyl-Linoleum Floors
Heating Gas-Natural
Cooling None
Heat Source Gas-Natural
Exterior
Exterior Feature Aluminum Siding
Parking Features None, On-Street Parking
Utilities Available All Underground
Roof Type Asphalt Shingle
Garage Yes
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by COLDWELL BANKER REALTY
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