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7 Beds
3 Baths

$524,000

15 3rd Street, Paterson NJ, 07522

Property typeResidential

Overview

Active

Listed May 30, 2026

Updated 2 days ago

PRICE IMPROVEMENT - NOW $524,000! Exceptional opportunity for owner-occupants and investors alike. Completely renovated in 2022, this turn-key multi-family property features two spacious units plus a 3rd-floor ADU with 2 bedrooms, kitchen, and bath, offering outstanding income potential and flexible living arrangements. The 1st-floor unit is now vacant, and the 2nd-floor tenant will vacate at closing, providing immediate occupancy and rental flexibility. Unit 1 offers Spanish porcelain flooring, quartz countertops, 2 bedrooms, and a renovated bath. Unit 2 spans the 2nd and 3rd floors with Italian wood-look porcelain flooring, 5 bedrooms, 1.5 baths, and an updated kitchen with quartz counters. Major improvements include new hydronic boilers, updated electrical panels, hot water heaters, separate utilities, updated rear stairs, private backyard, and full basement for storage. Lead-Free Certification and UST Oil Tank Scan documentation available. Conveniently located near schools, shopping, restaurants, parks, and public transportation. Whether you're looking to live in one unit while generating income or add a strong cash-flowing asset to your portfolio, this property delivers exceptional value at its new price. All Units 3 are currently occupied with month to month tenants. 2nd floor will vacate if requested.

$3,486/mo

Est. mortgage payment based on a $524,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26019901
Available since
May 30, 2026

Interior Features

Bedrooms
7
Bathrooms
3
Basement
No

Other Property Details

Taxes
$11,519
Tax Frequency
Annually

 

Courtesy of Mizell Ewing

Based on information from DASH - Coldwell Banker (CB) as of 10/10/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 9:15 AM UTC, 10/10/2026

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