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    153-155 Ellison St Paterson, NJ 07505

    New
    For Sale
    $150,000

    Business - Paterson City, NJ

    Property size:
    1,600 SF
    Days on Market:
    5
    Last Refresh:
    Dec 6 at 9:06 pm

    Property Features for 153-155 Ellison St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    historical
    Rooms
    Basement
    Basement Y/N
    1
    Size
    1,600 SF

    Utilities

    Heating system
    See Remarks (Heating)
    Cooling system
    Ductless

    Building Details

    Architectural style
    Other

    Nicholas Real Estate (973) 725-3778 [email protected]

    Listing agent JUANA E. TORRES (973) 340-1202

    Listing date Dec 2, 2025

    MLS# 3977729 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Paterson City Retail Business Opportunity

    A retail property is available for sale in Paterson City, New Jersey. The property, suitable for business, is located at 153-155 Ellison St, Paterson City, NJ 07505-1304. The property has a historical zoning designation. The building provides 1,600 square feet of space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Clothing Store Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Floristeria Diana, Iris Florist, Flowers Vs Flowers, A&Z FIOWERS, Produce & Floristeria Dionis

    Location Insight

    • Map
    • Local Demand
    City
    Paterson
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.17085
    Latitude
    40.91731

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    FAQs

    What type of property is this?
    Storefront property - Retail property for sale in Paterson City, New Jersey.
    Where is this storefront property located?
    The property is located at 153-155 Ellison St Paterson, NJ.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Family business opportunity; - Features a ductless cooling system; - Includes a basement
    (973) 340-1202
    Request Owner's contact information
    153-155 Ellison St Paterson, NJ 07505
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    Paterson, NJ 07505
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    153-155 Ellison St Paterson, NJ 07505
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