Realmo Analytics
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Property summary
This exceptional redevelopment opportunity in Paterson, New Jersey, presents a unique chance to acquire two buildings totaling 150-154 Ellison Street, 07505. Listed at $2,500,000, this mixed-use property is situated in a high-traffic downtown location, offering significant potential for a substantial return on investment. The buildings are in need of complete rehabilitation, presenting a blank canvas for a visionary developer. Preliminary plans suggest the possibility of developing… approximately 55 residential units, subject to necessary approvals. The property's prime location offers easy access to major highways, ensuring convenient access for residents and businesses alike. Furthermore, the potential for tax abatement presents a significant financial advantage for the successful buyer. This package deal offers a compelling opportunity to capitalize on the revitalization of downtown Paterson and create a thriving mixed-use development. The property's location within Passaic County provides access to a robust local economy and a growing population. This is a rare chance to acquire a large-scale redevelopment project with significant upside potential in a rapidly developing urban area.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2022
Value estimate
· Oct 2026Realmo valuation models over county records and 7 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 22,970 SF
- Lot area
- 0.18 ac
- Stories
- 4
- APN
- 08 04406-0000-00002
- Zoning
- B-4
- Assessed value · 2023
- $475,000
- Annual tax · 2022
- $22,050
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
H. B‐4 Central Business District: The purpose of this district is to foster the development of a vibrant, pedestrian‐friendly, and accessible downtown that is the center of commerce and civic activity. The Central Busine…
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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