15 N 3rd St, Paterson City, NJ 07522-1320
  • $524,000

Overview

Property ID: HZ4031056
  • Residential Income
  • Property Type
  • 7
  • Bedrooms
  • 2
  • Bathrooms

Description

PRICE IMPROVEMENT Now accepting Offers 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. Units 3 are currently occupied with month to month tenants. 2nd floor will vacate if requested.

  • Address: 15 N 3rd St, Paterson City, NJ 07522-1320
  • City: Paterson City
  • State/county: NJ
  • Zip/Postal Code: 07522-1320

Details

Updated on October 12, 2026 at 3:46 pm
  • Property ID HZ4031056
  • Price $524,000
  • Land Area 0.06 Acres
  • Bedrooms 7
  • Rooms 11
  • Bathrooms 2
  • Year Built 1900
  • Property Type Residential Income
  • Property Status Active

Additional details

  • Roof Asphalt Shingle
  • Utilities All Underground
  • Sewer Public Sewer
  • Cooling None
  • Heating 2 Units, Baseboard - Hotwater
  • County Passaic
  • Property Type Residential Income
  • Architectural Style 3-Three Story

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Jill Skibinsky

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