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$679,000 Just Listed
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Property Description
Spacious and versatile multi-family home offering nearly 4,000 sq. ft. of living space, perfect for investors or owner-occupants seeking strong income potential and flexible living arrangements. This well-maintained property features two expansive units, with both the first and second floors offering high ceiling and 4 generously sized bedrooms, large living areas, and abundant natural light throughout.The home also includes a finished attic, ideal for additional living space, a home office, recreation area. A partially finished full basement provides even more potential for storage, entertainment, or customization to suit your needs. Outside, enjoy the convenience of a detached 2-car garage plus a driveway accommodating up to 4 additional vehicles. With its impressive size, functional layout, and ample parking, this property presents an exceptional opportunity for rental income, or long-term investment.
Full Property Details
Full Property Details for 24 Elizabeth St
General
- Price: $679,000
- Taxes: $17,280 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4026822
- Updated: 5/16/2026
- Added to Site: 6 day(s) ago
Interior
- Number of Rooms: 15
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Detached Garage
Location
- County: Passaic
- Driving Directions: Madison Ave to Main st. To Elizabeth
Heating & Cooling
- Cooling Type: Wall A/C Unit(s), Window A/C(s)
- Heating Type: 2 Units, Radiators - Steam
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Gas In Street
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Year Built: 1940
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living Room
- Square Feet: 1237
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 4
Unit 2
- Unit Description: Bedrooms, Kitchen, Living Room
- Square Feet: 1237
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 4
Lot Features
- Lot Size (Acres): 0.11
- Lot Dimensions: L8 50 x 100
- Driveway/Sidewalk: 2 Car Width, Concrete
Financial Considerations
- Operating Expenses: $9,999,999
- Assessment Amount: $589,500
- Land Assmt: $172,000
- Tax Amount: $17,280
- Tax Year: 2025
Disclosures and Reports
- Disclosures: Yes
- Block: 5703
- Lot Number: 28
Listed by Realty Empire, Llc
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Schools
Schools serving 24 Elizabeth 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 24 Elizabeth St
Date
Details
Price
Change
Source
5/16/2026
Listed
$679,000
—
MLS
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
Tax History for 24 Elizabeth St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$16,503
10%
$323,900
—
2022
$15,035
4%
$323,900
—
2021
$14,498
19%
$323,900
15%
2018
$12,165
5%
$281,200
1%
2017
$11,606
-16%
$279,000
-13%
2016
$13,898
6%
$320,300
1%
2019
$13,063
-1%
$316,000
-1%
2015
$13,158
15%
$320,300
-5%
2013
$11,486
—
$338,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 24 Elizabeth St
24 Elizabeth St, Paterson, NJ 07503 (MLS# 4026822) is a Multi-Family property with 2 units containing 8 bedrooms and 3 full bathrooms. 24 Elizabeth St is currently listed for $679,000 and was received on May 16, 2026. Want to learn more about 24 Elizabeth 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.

