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7 Beds
3 Baths
19,998 sqft

$524,000

15 N 3Rd St, Paterson City NJ, 07522

Price per sqft$26.20
Built in1900
Property size19,998 sqft
Property typeMulti-family

Overview

Active

Listed May 30, 2026

Updated 38h ago

PRICE IMPROVEMENT Now accepting Offers Exceptional opportunity for owner-occupants and investors alike. Completely renovated in 2022, this turn-key multi-family property features two spacious units plus a 3rd-floor ADU with 2 bedrooms, kitchen, and bath, offering outstanding income potential and flexible living arrangements. The 1st-floor unit is now vacant, and the 2nd-floor tenant will vacate at closing, providing immediate occupancy and rental flexibility. Unit 1 offers Spanish porcelain flooring, quartz countertops, 2 bedrooms, and a renovated bath. Unit 2 spans the 2nd and 3rd floors with Italian wood-look porcelain flooring, 5 bedrooms, 1.5 baths, and an updated kitchen with quartz counters. Major improvements include new hydronic boilers, updated electrical panels, hot water heaters, separate utilities, updated rear stairs, private backyard, and full basement for storage. Lead-Free Certification and UST Oil Tank Scan documentation available. Conveniently located near schools, shopping, restaurants, parks, and public transportation. Whether you're looking to live in one unit while generating income or add a strong cash-flowing asset to your portfolio, this property delivers exceptional value at its new price. Units 3 are currently occupied with month to month tenants. 2nd floor will vacate if requested.

$3,486/mo

Est. mortgage payment based on a $524,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
4031056

Interior Features

Bedrooms
7
Bathrooms
3
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.06 Acres

Other Property Details

Taxes
$11,519
Tax Frequency
Annually
55+/Senior Community
No

Courtesy of COLDWELL BANKER REALTY with MIZELL EWING,
Listing Contact: 9736948000 

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