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153 Ellison St

Paterson City, NJ 07505
  • $1,990,000
  • STATUS: Active
  • ON SITE: 149 Days
  • MLS #: 3982663
UPDATED: 182 min ago
$1,990,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,300
    SQFT
  • $375
    $/SQFT
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Description

9 units building in the Heart and desirable downtown Paterson with many updates. 9 Units consist of 5 residential apartments and 4 commercials. Just recently obtain green card. No jostle just collect rent. There are 1 empty unit just waiting to be rented as you wish. Most of the tenants are a month to month. 1 unit 3 Bedrooms, 2 units are 2 bedrooms and 2 units 1 bedrooms. All of the apartments are huge in sizes. This is a true and very good investment

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Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Trompeter Real Estate. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Trompeter Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-01-17T23:48:32.36.
www.trompeterrealestate.com/homes/167217406
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153 Ellison St Paterson City, NJ 07505

  • Price: $1,990,000
  • Status: Active
  • On Site: 149 Days
  • Updated: 182 min ago
  • MLS #: 3982663
0
Beds
0
Baths
0
½ Baths
0.12
Acres
5,300
SQFT
$375
$/SQFT
1900
Built
County:
Passaic
Area:
Paterson City
Property Description
9 units building in the Heart and desirable downtown Paterson with many updates. 9 Units consist of 5 residential apartments and 4 commercials. Just recently obtain green card. No jostle just collect rent. There are 1 empty unit just waiting to be rented as you wish. Most of the tenants are a month to month. 1 unit 3 Bedrooms, 2 units are 2 bedrooms and 2 units 1 bedrooms. All of the apartments are huge in sizes. This is a true and very good investment
Exterior Features

Approximate Lot Size 50X106 Construction Brick/Block Exterior Description Brick/Block Location Business District Lot Description Level Lot Number Of Bays 0 Number Of Docks 0 Parking Driveway Description None Roof Description FlatRubberized

Interior Features

Basement Yes Basement Description Finished-PartiallyFull Cooling 1 UnitCentral Air Equipment Available AppliancesFire AlarmSmoke Detector Floors LaminateTileWood Heating 2 UnitsRadiant - Electric Max Ceiling Height 11 Max Door Height 80 Number Of Lavatories 9 Office Sq Ft 3000

Property Features

Available Immediately Expenses Include ElectricityGas/OilInsuranceMaintenance - InteriorTaxesWater/Sewer For Sale Or Lease For Sale Free Rent No Fuel Type ElectricGas-NaturalOil Tank Above Ground - Outside Gross Operating Income 134400 Lease Includes Building InsuranceBuilding MaintenanceCommon Area MaintSewerTaxesWater Lease Type Net Net Operating Income 64200 Owner Pays Hot WaterMaintenance-Common AreaRepairsSewerWater Primary Property Type Store With Apartment Property Type Store With Apartment Sale Includes Building & Land Sewer Public SewerSewer Charge Extra Suite Number 155 Tax Amount 48907 Tax Rate Amount 4.903 Tax Rate Year 2023 Tax Year 2023 Tenant Pays Cable T.V.ElectricHeat Total Operating Expense 70200 Utilities All UndergroundElectric Utilities Paid By Tenant Water Public WaterWater Charge Extra Year Built Description ApproximateHistorical Zoning commercial

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of NICHOLAS REAL ESTATE AGENCY: 973-340-1202.


Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Trompeter Real Estate. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Trompeter Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-01-17T23:48:32.36.
 
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