15 N 3rd St Paterson City, NJ 07522
Listing Courtesy of: GARDEN STATE MLS - IDX / Listed By: Mizell Ewing, Coldwell Banker Realty - Contact:  732-735-4715

  15 N 3rd St Paterson City, NJ 07522

Active (66 Days)
$549,000 (USD)
7
BED
3
BATH

Description

GREAT INVESTMENT OPPORTUNITY FOR BOTH USER AND INVESTOR. PRICE IMPROVEMENT - NOW $549,000! Exceptional opportunity for both owner-occupants and investors to own this beautifully renovated income-producing multi-family property. Featuring two spacious units plus a 3rd-floor ADU with 2 bedrooms, kitchen, and bath, this property offers outstanding rental income potential and flexible living arrangements. The first-floor unit features elegant Spanish porcelain flooring, a large living room, a brand-new eat-in kitchen with custom quartz countertops, two generously sized bedrooms, and a fully renovated bath. The expansive second unit spans the second and third floors and showcases premium Italian wood-look porcelain flooring, a spacious living room, a new kitchen with quartz countertops, five bedrooms, and 1.5 baths. Additional improvements include separate and updated utilities, upgraded electrical panels, newer backyard stairs, a private backyard, and a full unfinished basement offering additional storage and future possibilities. Conveniently located near public transportation, schools, parks, shopping, and restaurants. Whether you're looking to live in one unit and generate rental income from the others or add a strong cash-flowing asset to your portfolio, this turn-key property delivers exceptional value at $549,000. Second-floor tenant will vacate at closing. LEAD FREE CRETIFICATION AND UST OILD TANK SCAN DOCUMENTS AVAILABLE IN DOCUMENTS

MLS #:
4031056
Taxes
$11,519(2024)
Lot Size
2,614 SQFT
Type
Multifamily
Year Built
1900
County
Passaic County

Listed By

Mizell Ewing, Coldwell Banker Realty, Contact: 732-735-4715
Source
GARDEN STATE MLS - IDX
Last checked Aug 4 2026 at 8:08 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
  • Half Bathroom: 1
Interior Features
  • Smoke Detector
  • Vinyl-Linoleum Floors
  • Fire Alarm Sys
Heating and Cooling
  • 2 Units
  • Baseboard - Hotwater
  • None
Basement Information
  • Unfinished
  • Walkout
Exterior Features
  • Aluminum Siding
  • Roof: Asphalt Shingle
Utility Information
  • Utilities: Public Water, All Underground
  • Sewer: Public Sewer
  • Fuel: Gas-Natural
Garage
  • None
  • On-Street Parking
Parking
  • None
  • On-Street Parking

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jul 29, 2026
Price Changed
$549,000
-8%
-$45,500
Additional Information: Montclair | 732-735-4715
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Coldwell Banker Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: The data displayed relating to real estate for sale comes in part from the IDX Program of the 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. Listing Data Copyright 2026 Garden State Mulitple Listing Service, L.L.C. All rights reserved
Notice: The dissemination of listings displayed herein 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 inwriting from the listing broker.
This information is being provided for Consumers’ personal, non-commercial use and may not be used for anypurpose other than to identify prospective properties Consumers may be interested in purchasing.