Three-Family Residential Income
15 Elm St Paterson, NJ 07501
15 Elm St, Paterson, NJ, 07501
$650,000
For Sale
$650,000
MULTI_FAMILY - Paterson City, NJ
Lot Size0.06 Acres
Days on Market56
Property Features for 15 Elm St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 4, Bathroom 4, Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 6, Bathroom 2, Basement, Bathroom 1
- Interior features
- Carbon Monoxide Detector
- Standard status
- Active
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10728
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1940
- Floors in Building
- 3
- Number of units
- 3
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
REALTY EMPIRE, LLC
(973) 510-2260
414 CLIFTON AVE -, Hoboken, NJ
Listed by
DOMINGO MENDEZ
(201) 702-0223
Added: May 22 Checked: Jul 16 at 10:06 pm
MLS# 4029571
Listing URL
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 legal three-family home provides apartment-style living with two bedrooms and one bathroom on each floor. The property is presented for sale in as-is condition and needs major rehab, so buyers should plan for substantial renovation to bring it to market-ready condition.
The building is located in Paterson City, NJ, near downtown Paterson and the Paterson Great Falls National Historical Park. The listing details indicate a compact footprint, making it suitable for owners and contractors focused on restoring a multi-unit structure.
For investors or owner-operators, the three separate units can support residential leasing after the required improvements are completed. Because the home is being sold as-is and requires major rehab, the primary consideration is renovation scope and budget planning to convert the existing structure into functional, code-compliant apartments.
The building is located in Paterson City, NJ, near downtown Paterson and the Paterson Great Falls National Historical Park. The listing details indicate a compact footprint, making it suitable for owners and contractors focused on restoring a multi-unit structure.
For investors or owner-operators, the three separate units can support residential leasing after the required improvements are completed. Because the home is being sold as-is and requires major rehab, the primary consideration is renovation scope and budget planning to convert the existing structure into functional, code-compliant apartments.
Key Highlights
- Legal 3‑family home in Paterson with 2 bedrooms and 1 bath on each floor
- Being sold as‑is and needs major rehab
- Year built 1940
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Legal three-family home with two-bed, one-bath units per floor, sold as-is and requiring major rehab.
Where is this triplex located?
The property is located at 15 Elm St Paterson, NJ.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Legal 3‑family home in Paterson with 2 bedrooms and 1 bath on each floor; Being sold as‑is and needs major rehab; Year built 1940
