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$650,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • Updated 7 hours ago
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Excellent investment opportunity in Paterson! Legal 3-family home featuring 2 bedrooms and 1 bath on each floor. Property needs major rehab and is being sold as-is. Located near downtown Paterson and Paterson Great Falls National Historical Park with great income potential. Asking $650,000.

Full Property Details for 15 Elm St

General

  • Price: $650,000
  • Taxes: $10,728 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4029571
  • Updated: 5/25/2026
  • Added to Site: 3 day(s) ago

Interior

  • Number of Rooms: 15
  • Interior Features: Carbon Monoxide Detector

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 6

Exterior

  • Color: BEIGE

Parking

  • Garage Description: None

Location

  • County: Passaic
  • Driving Directions: MILL STREET TO ELM STREET

School Information

  • Elementary School: NUMBER 2
  • Middle School: NUMBER 2
  • High School: JFK

Heating & Cooling

  • Cooling Type: Window A/C(s)
  • Heating Type: 3 Units
  • Heating Fuel: Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: All Underground, Garbage Included

Structural Information

  • Architectural Style: 3-Three Story
  • Exterior Const.: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Finished-Partially
  • Roof: Asphalt Shingles
  • Year Built: 1940
  • Remodeled/Updated: 2005

Unit Information

Unit 1

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room
  • Square Feet: 1100
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room
  • Square Feet: 900
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room
  • Square Feet: 900
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Dimensions: 25 x 110
  • Driveway/Sidewalk: On-Street Parking
  • Lot Description: Level Lot

Financial Considerations

  • Operating Expenses: $9,999
  • Assessment Amount: $372,400
  • Land Assmt: $119,300
  • Tax Amount: $10,728
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures: Yes
  • Block: 4703
  • Lot Number: 25

Listed by Realty Empire, Llc

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Listing agent

— 15 Elm St —

  • Realty Empire, Llc

973-510-2260

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 15 Elm St

School District:Paterson City School District
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 15 Elm St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/22/2026
Listed
$650,000
147.15%
MLS
6/09/2004
Sold
$263,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 15 Elm St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,246
10%
$201,100
—
2022
$9,335
4%
$201,100
—
2021
$9,001
11%
$201,100
2%
2019
$8,132
-3%
$196,700
1%
2018
$8,384
5%
$193,800
1%
2017
$8,004
-9%
$192,400
-5%
2016
$8,817
6%
$203,200
—
2015
$8,347
-5%
$203,200
-27%
2013
$8,781
—
$280,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Realty Empire, Llc

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15 Elm St, Paterson, NJ 07501 (MLS# 4029571) is a Multi-Family property with 3 units containing 6 bedrooms and 4 full bathrooms. 15 Elm St is currently listed for $650,000 and was received on May 22, 2026. Want to learn more about 15 Elm St? Do you have questions about finding other Multi-Family real estate for sale in Paterson? You can browse all Paterson real estate or contact a Coldwell Banker agent to request more information.

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