Five-Unit Residential Income
New
For Sale
$750,000
282 Ellison St, Paterson, NJ 07501
MULTI_FAMILY - Paterson City, NJ
Lot Size0.06 Acres
Days on Market4
Property Features for 282 Ellison St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 1, Bathroom 4, Bedroom 2, Bathroom 2, Basement, Bathroom 5, Bedroom 5, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3
Directions
From Straight St. right to Ellison St.
Standard status
Active
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
12809
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Hot Water(Heating)
Water source
Public
Building Details
Floors in Building
3
Number of units
4
Roof type
Shingle
Architectural style
Other
Listing Agency:
KELLER WILLIAMS MID-TOWN DIRECT · Keller Williams Realty
(973) 762-5400
Listed By:
MENACHEM SILBERMAN
(973) 762-5400
Added: Jul 27
Changed: Jul 29
Last Checked: Jul 30 at 5:06PM
MLS# 4043225
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This residential income property offers five total units, each configured as a 1-bedroom, 1-bath layout. The asset is presented as an apartment-style multifamily building suitable for investors seeking a straightforward unit mix.
Located at 282 Ellison St in Paterson City, NJ, the property is within Passaic County. The listing is characterized as being in a high-demand rental pocket.
With all five units sharing the same 1-bedroom, 1-bath configuration, the building presents a consistent floorplan approach across the portfolio of apartments.
Located at 282 Ellison St in Paterson City, NJ, the property is within Passaic County. The listing is characterized as being in a high-demand rental pocket.
With all five units sharing the same 1-bedroom, 1-bath configuration, the building presents a consistent floorplan approach across the portfolio of apartments.
Key Highlights
- 5‑unit multi‑family property with all units designed as 1‑bedroom, 1‑bathroom layouts
- Public water and public sewer service
- Hot water (heating) and baseboard heating
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,246
Businesses Nearby
Explore this area
Business Placement
Demographics for 07501, NJ
37,918
Population
13,119
Households
2.9
Avg Household Size
33
Median Age
9%
College-Educated
71%
High-School Grad
1.8 sq mi
ZIP Area
21,066
Density / Sq Mi
$40,699
Median Household Income
$32,103
Median Earnings
$1,442
Median Rent
$304,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - This multifamily property consists of five 1-bedroom, 1-bath units in Paterson City.
Where is this apartment building located?
The property is located at 282 Ellison St Paterson, NJ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 5‑unit multi‑family property with all units designed as 1‑bedroom, 1‑bathroom layouts; Public water and public sewer service; Hot water (heating) and baseboard heating
