338-340 Ellison Street, Paterson, NJ 07501 - Photo 1

1/1

$550,000

Sold
Closed
Multi-Family
7 Total Beds

1/1

Property Description

Welcome to this versatile 2-family home, a fantastic opportunity for both investors and first-time home buyers! Whether you're looking to generate steady cash flow or live in one unit while renting the other, this property offers incredible potential. Each unit features spacious layouts, separate utilities, and low maintenance, making it a smart addition to any portfolio or a comfortable first home with income-generating possibilities.

Full Property Details

Full Property Details for 338340 Ellison St

General

Sold For: $550,000
Taxes: $6,504
Status: Closed
Type: Multi-Family
Source: NJMLS
MLS ID: 25027439
Added to Site: 216 day(s) ago

Interior

Number of Rooms: 13

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 7

Other Rooms

Laundry: None

Location

Area: Paterson
County: PASSAIC

Utilities

Utility Description: Sep Elec, Sep Gas, Sep Heat

Structural Information

Architectural Style: 2 Family

Financial Considerations

For Sale: Yes
For Sale/Rent/Lease: For Sale
Tax Amount: $6,504

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Meet the listing and selling agents

— 338340 Ellison St —

Yodelsy De La Cruz

Email Me

(201) 660-4227 direct
Darwin Matos

Email Me

(862) 571-9700 direct

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

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Schools

Schools serving 338340 Ellison 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 338340 Ellison St

Date

Details

Price

Change

Source

1/30/2026

Sold

$550,000

0.18%

MLS

8/28/2025

Price Reduced

$549,000

-6.15%

MLS

8/01/2025

Listed

$585,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Updated 6 days ago

4
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Active
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5
Beds
3
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Closed

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Listed by Top Value Realty

338-340 Ellison Street, Paterson, NJ 07501 (MLS# 25027439) is a Multi-Family property that was sold at $550,000 on January 30, 2026. This property was listed by Yodelsy De La Cruz from our Clifton Office.Want to learn more about 338-340 Ellison Street? 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.

338340 Ellison St Paterson, NJ 07501