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153-155 Ellison St , Paterson City, NJ 07505
$1,700,000
Est. Payment: $9,180.02/mo
4.5 Bath
5300 Sqft
0.12 Acres
Status: active | Days on site: 154
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0699 - 238723
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

9 units 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
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Highlights

Listed by JUANA E. TORRES , MP NICHOLAS REAL ESTATE AGENCY , 973-340-1202. Garden State MLS

Property Type

Commercial Sale
Lot/Acreage
0.12

Year Built

1900

County

Passaic

Listing ID

3982663

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bathrooms:4.5
  • ▪ 1/2 Bathrooms:9
Air Cond:1 Unit,Central Air
Fireplaces:
Floor:Laminate,Tile,Wood
Basement:Finished-Partially,Full
Water:Public Water, Water Charge Extra

Exterior Features

Lot:Level Lot
Lot Dimensions:50X106
Zoning:commercial
Roof:Flat, Rubberized
Others:
  • ▪ Additional:Brick/Block
Sewer:Public Sewer, Sewer Charge Extra
Principal Interest
$9,180
Taxes
$4,076

Home Price

$1,700,000

Loan Details

30 yrs
7.144%

Down Payment

20%
$340,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$9,180.02

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,180.02 $4,075.58 $0.00 $13,255.60
Yearly $110,160.23 $48,907.00 $0.00 $159,067.23
Total $3,304,806.99 $1,467,210.00 $0.00 $4,772,016.99
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Paterson City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

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Data last updated: 2026-11-13T23:30:47.000Z

© 2026 Garden State MLS