15 N 3rd St
Paterson City, NJ 07522
Price: $594,500
GSMLS: 4031056Type: Multi-Family
Style: 3-Three Story
Total Units: 2
Beds: 7
Baths: 2 Full & 1 Half
Garage: No
Year Built: 1900
Acres: 0.06
Property Tax: $11,519
Description
GREAT INVESTMENT OPPORTUNITY FOR BOTH USER AND INVESTOR. DON'T MISS THE OPPORTUNITY TO OWN THIS BEAUTIFUL RENOVATED MULTI UNIT PROPERTY. This beautifully renovated home features 2 large units plus a 3rd floor ADU, offering exceptional income potential and flexible living options. The 1st flr unit boasts stunning Spanish porcelain flooring throughout, a spacious living room, and a brand new eat-in kitchen with sleek custom quartz countertops. This unit also includes 2 generously sized bedrooms and a fully updated bathroom, perfect for owner occupancy or steady rental income.The 2nd unit spans the 2nd and 3rd floors and truly stands out with premium Italian wood-look porcelain flooring, a bright and open living room, and a brand new eat-in kitchen featuring elegant quartz countertops. With 5 bdrms & 1.5 bathrooms, this expansive unit provides incredible space and strong rental potential.Additional highlights include:Separate & newer utilities ? ideal for investorsUpdated electrical panelsNewer backyard stairsPrivate, spacious backyardFull unfinished basement with added potentialLocated in a convenient, commuter-friendly neighborhood, near public transportation, schools, parks, restaurants, and shopping, this property checks every box for both lifestyle and investment. Whether you're looking to live in one unit and offset your mortgage or maximize rental income, this property delivers.Turn-key, income-producing, and ready to go ? bring your offers before it's gone!
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
11
Basement:
Yes - Unfinished, Walkout
Interior:
Fire Alarm Sys, Smoke Detector, Vinyl-Linoleum Floors
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
25X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
None, On-Street Parking
Parking:
None, On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
5
Bathrooms:
2
Total Rooms:
7
Room Description:
Bedrooms, Eat-In Kitchen
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
Bedrooms, Eat-In Kitchen
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
2 Units, Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
All Underground
Services:
Cable TV Available
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Passaic
Town:
Paterson City
Neighborhood:
n/a
Financial Considerations
List Price:
$594,500
Tax Amount:
$11,519
Land Assessment:
$31,900
Build. Assessment:
$194,200
Total Assessment:
$226,100
Tax Rate:
5.10
Tax Year:
2024
Listing Information
MLS ID:
4031056
List Date:
05-30-2026
Days On Market:
4
Listing Broker:
COLDWELL BANKER REALTY
Listing Agent:
Mizell Ewing
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
