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$550,000
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Property Description
This updated three-family home offers modern comfort and efficiency in every unit. Each apartment features two spacious bedrooms, a bright living room, and a well-appointed kitchen, providing a functional layout that suits a variety of lifestyles. The property is equipped with central air and forced hot-air heating, ensuring year-round comfort for all residents. With its solid updates and consistent layout across all three units, this home is an excellent choice for both homeowners and investors seeking a move-in-ready, low-maintenance multi-family property.
Full Property Details
Full Property Details for 474 Ellison St
General
- Price: $550,000
- Taxes: $4,682 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4000917
- Updated: 12/13/2025
- Added to Site: 35 day(s) ago
Interior
- Number of Rooms: 13
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 7
Location
- County: Passaic
- Driving Directions: Madison Ave to Ellison st.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Gas In Street
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Asphalt Shingles
- Year Built: 1950
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living Room
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Kitchen, Living Room
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Unit Description: Bedrooms, Kitchen, Living Room
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: None
Financial Considerations
- Operating Expenses: $9,999
- Assessment Amount: $70,400
- Land Assmt: $21,500
- Tax Amount: $4,682
- Tax Year: 2024
Disclosures and Reports
- Block: 4208
- Lot Number: 22
Listed by Realty Empire, Llc
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Schools
Schools serving 474 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 474 Ellison St
Date
Details
Price
Change
Source
12/13/2025
Listed
$550,000
8.91%
MLS
9/11/2023
Sold
$505,000
—
Public Record
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 474 Ellison St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,682
4%
$91,900
—
2023
$4,506
6%
$91,900
—
2022
$4,266
4%
$91,900
—
2021
$4,113
3%
$91,900
—
2018
$3,976
5%
$91,900
—
2019
$3,799
-9%
$91,900
-8%
2017
$4,160
-9%
$100,000
-5%
2016
$4,578
6%
$105,500
—
2015
$4,334
-54%
$105,500
-69%
2013
$9,445
—
$344,200
—
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 474 Ellison St
474 Ellison St, Paterson, NJ 07501 (MLS# 4000917) is a Multi-Family property with 3 units containing 7 bedrooms and 3 full bathrooms. 474 Ellison St is currently listed for $550,000 and was received on December 13, 2025. Want to learn more about 474 Ellison 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.

