15 N 3Rd St, Paterson City, NJ 07522
Passaic County
Key Facts
Description
GREAT INVESTMENT OPPORTUNITY FOR BOTH USER AND INVESTOR. DON'T MISS THE OPPORTUNITY TO OWN THIS BEAUTIFUL RENOVATED MULTI UNIT PROPERTY. This home features 2 large units plus a 3rd floor ADU (2 Bdrms/Kit/Bath), 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 investors. Updated electrical panels. Newer backyard stairs Private, spacious backyard Full unfinished basement with added potential Located 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. 2nd flr tenant will vacate at closing
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
3-Three Story
Year Built
1900
Stories
3
Living Area
19,998 sq ft
Lot Size
0.06 acres
Days on Market
23
MLS® Listing#
4031056
Property Features
Appliances
Heating
Flooring
Basement
Parking
Patio
Construction
Roof
Security
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$11,519
Tax year 2024
Assessed Value
$226,100
Parcel Number
2508-00304-0000-00012-0000-
Directions
Between Cliff St and Temple St
Affordability Calculator
$118,900
Estimated monthly payment
$3,164/mo
Principal $475,600 · Est. interest $663,504 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Paterson City, NJ
- $614,325
- Median Listing Price
- 48
- Median Days on Market
- 1,380
- Median Sq Ft
- $423
- Median Price / Sq Ft
- 3,231
- Active Listings
- This home’s price is 3% below the area median.
- Its price per sq ft is 93% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Paterson City, NJ.
Location
Getting Around
Points of Interest in Paterson City, NJ
Showing the Paterson City area map.
Nearby Schools
Boys & Girls Club
School · 0.2 mi away
Number 4 Elementary School
Elementary · 0.2 mi away
Paterson Public Schools
School · 0.2 mi away
Paterson Academy
School · 0.2 mi away
School 14
School · 0.3 mi away
School 28
Elementary · 0.3 mi away
Gilmore Memorial Christian Academy
School · 0.4 mi away
Paterson Public Schools
Elementary · 0.5 mi away
Number 12 Elementary School
Elementary · 0.5 mi away
Harp Academy
School · 0.5 mi away
Learning Center Ready To Learn
School · 0.6 mi away
Al-Hikmah Elementary School
Elementary · 0.6 mi away
Paterson Pre-Collegiate Academy
Secondary · 0.6 mi away
Silk City 2000 Adult School
School · 0.6 mi away
Prospect Park School District
Elementary · 0.6 mi away
Number 1 Elementary School
Elementary · 0.6 mi away
Norman S Weir Public School
Elementary · 0.6 mi away
Al Huda School
School · 0.6 mi away
School 2
Elementary · 0.6 mi away
Eastside High School
Secondary · 0.6 mi away
Commute Calculator
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 452 London Avenue, Egg Harbor City, NJ | $419,000 | 6 | 4 | 2,306 |
| 149 N Essex Ave, City Of Orange Twp., NJ | $420,000 | 6 | 2 | — |
| 34 Cumberland Ave 2, Trenton City, NJ | $439,000 | 6 | 3 | 1,600 |
| 1830 E Riverside, Atlantic City, NJ | $445,000 | 8 | — | 2,707 |
| 132 N Tennessee, Atlantic City, NJ | $449,000 | 8 | — | 3,123 |
| 608 Main St, Paterson City, NJ | $449,000 | 6 | 3 | — |
Moving Cost Estimate
EXIT Agents in Paterson City
Listing Courtesy: COLDWELL BANKER REALTY - 9736948000