Listing Details

For Sale

153 Ellison St,Paterson City, NJ 07505-1304

September 3, 2025

Historical 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

Property ID:PT-1383237-AXZR

Offer Type:For Sale

Property Type:Store With Apartment

Price: 1,990,000 $

Year Built:1900

Listing Details

Status: Active

Location

County: Passaic

Lotsize: 50X106

Lot Description: Level Lot

Office SqFt: 3000

Property Type: Store With Apartment

Available: Immediately

Lot Identifier: 14

Home Details

Location: Business District

Acreage: 0.12

Sale Includes: Building & Land

Construction: Brick/Block

Exterior Description: Brick/Block

Roof Description: Flat, Rubberized

Number of Stories: 3

Number of Units: 9

Number of Lavatories: 9

Max Ceiling Height: 11

Max Door Height: 80

Floors: Laminate, Tile, Wood

Available SqFt: 5300

Building SqFt: 5300

Parking Desc: None

Easement/Desc: Unknown

Basmnt/Desc: Yes - Finished-Partially, Full

Tenant Pays: Cable T.V., Electric, Heat

Owner Pays: Hot Water, Maintenance-Common Area, Repairs, Sewer, Water

YB/Desc: 1900 - Approximate, Historical

Block Identifier: 4407

County Number: 25

Town Number: 2508

Taxes, Fees & Assessments

For Sale Or Lease: For Sale

Documents Available: Financial Statement, Income & Expenses

Lease Type: Net

Lease Info: 1 Year Minimum, 3-5 Year Minimum

Lease Includes: Building Insurance, Building Maintenance, Common Area Maint, Sewer, Taxes, Water

Ownership: Fee Simple

Tax ID For Property: 2508-04407-0000-00014-0000-

Tax Amount: $48,907.00

Tax Year: 2023

Tax Rate: 4.903%

Tax Rate Year: 2023

Farm Assessment: No

Land Assessment: $257,100.00

Building Assessment: $740,400.00

Total Assessment: $997,500.00

Utilities

Equipment Available: Appliances, Fire Alarm, Smoke Detector

Heat Source: Electric, Gas-Natural, Oil Tank Above Ground - Outside

Heat System: 2 Units, Radiant - Electric

Cool System: 1 Unit, Central Air

Water: Public Water, Water Charge Extra

Sewer: Public Sewer, Sewer Charge Extra

Utilities: All Underground, Electric

Other

Zoning: commercial

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1,990,000 $

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