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$975,000
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Property Description
Great Investment Opportunity in PatersonWell-maintained 3-family property located in a desirable neighborhood. 4 bedrooms, 2 full baths, each unit, with all units fully rented, providing immediate cash flow.The property features a walk-out basement, along with a good-sized backyard. Conveniently located near schools, shopping, and parks, making it attractive to long-term tenants.A solid opportunity for investors seeking steady income in a high-demand area.
Full Property Details
Full Property Details for 32 Elm St
General
- Price: $975,000
- Taxes: $11,193 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4003301
- Updated: 1/8/2026
- Added to Site: 10 day(s) ago
Interior
- Number of Rooms: 22
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 12
Location
- County: Passaic
- Driving Directions: Mill st to Elm
Heating & Cooling
- Cooling Type: Wall A/C Unit(s)
- Heating Type: 3 Units, Baseboard - Hotwater, See Remarks
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished-Partially, Partial, Walk-Out
- Roof: Asphalt Shingles
- Year Built: 1910
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 875
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 4
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 875
- Levels/Stories: 2
- Total Bathrooms: 2
- Bedrooms: 4
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 875
- Levels/Stories: 3
- Total Bathrooms: 2
- Bedrooms: 4
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: None, On-Street Parking
Financial Considerations
- Operating Expenses: $9,999
- Assessment Amount: $197,800
- Land Assmt: $21,900
- Tax Amount: $11,193
- Tax Year: 2024
Disclosures and Reports
- Block: 4705
- Lot Number: 11
Listed by Re/Max Trust Properties
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Schools
Schools serving 32 Elm St
School District:Paterson City School District
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 32 Elm St
Date
Details
Price
Change
Source
1/08/2026
Listed
$975,000
—
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 32 Elm St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,194
10%
$219,700
—
2022
$10,198
4%
$219,700
—
2021
$9,834
7%
$219,700
4%
2018
$9,154
8%
$211,600
4%
2017
$8,503
-9%
$204,400
-5%
2016
$9,368
6%
$215,900
—
2015
$8,869
—
$215,900
1%
2019
$8,880
19%
$214,800
-21%
2013
$7,469
—
$272,200
—
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 32 Elm St
32 Elm St, Paterson, NJ 07501 (MLS# 4003301) is a Multi-Family property with 3 units containing 12 bedrooms and 6 full bathrooms. 32 Elm St is currently listed for $975,000 and was received on January 08, 2026. Want to learn more about 32 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.

