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$750,000

  • For Sale
  • Active
  • Apartment
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Excellent multi-family investment opportunity featuring 5 UNITS all 1-bedroom, 1-bathroom layouts. Situated in a high-demand rental pocket, this property generates strong, steady immediate cash flow with substantial, proven upside to maximize rental income. Perfect for savvy investors looking for a turn-key asset with clear value-add potential. Don't miss out on this 5th Ward gem!

Full Property Details for 282 Ellison St

General

  • Price: $750,000
  • Taxes: $12,809 (2025)
  • Status: Active
  • Type: Apartment
  • Source: Garden_State
  • MLS ID: 4043659
  • Updated: 7/29/2026
  • Added to Site: 22 day(s) ago

Business

  • Includes: Building Only

Rooms

Bathrooms

  • Total Bathrooms: 5

Additional Information

  • Equipment: Smoke Detector

Parking

  • Parking: On-Street Parking

Location

  • County: Passaic
  • Driving Directions: From Straight St. right to Ellison St.
  • Location Details: Residential Area

Heating & Cooling

  • Cooling Type: Window A/C(s)
  • Heating Type: Baseboard - Hotwater
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Gas In Street

Structural Information

  • Construction: See Remarks
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Roof: Asphalt Shingles
  • Stories in Building: 3
  • Square Feet: 2,529
  • Aprox. Leasable: 2,529 Sq. Ft.

Unit Information

  • 1 Bedroom Units: 1
  • 2 Bedroom Units: 1
  • 3 Bedroom Units: 1
  • Units w/Full Bath: 5

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Size: 25X100
  • Zoning: -

Financial Considerations

  • Assessment Amount: $727,300
  • Land Assmt: $125,000
  • Tax Amount: $12,809
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: See Remarks
  • APN: 2508-04313-0000-00008-0000-
  • Block: 4313
  • Lot Number: 8

Listed by Keller Williams Mid-Town Direct

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Listing agent

— 282 Ellison St —

  • Keller Williams Mid-Town Direct

848-354-3563

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 282 Ellison 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 282 Ellison St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/29/2026
Listed
$750,000
56.25%
MLS
2/08/2022
Sold
$480,000
—
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 282 Ellison St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,809
—
$727,300
203%
2025
$12,809
15%
$240,100
—
2022
$11,145
11%
$240,100
—
2020
$10,024
1%
$240,100
—
2019
$9,926
19%
$240,100
25%
2018
$8,310
8%
$192,100
4%
2017
$7,713
-4%
$185,400
—
2016
$8,045
6%
$185,400
—
2015
$7,616
-24%
$185,400
-49%
2013
$10,029
—
$365,500
—
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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NMLS#: 1598647

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Listed by Keller Williams Mid-Town Direct

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282 Ellison St, Paterson, NJ 07501 (MLS# 4043659) is a Apartment property. 282 Ellison St is currently listed for $750,000 and was received on July 29, 2026. Want to learn more about 282 Ellison St? Do you have questions about finding other Apartment 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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