$750,000

( )

$4,026 est/mo Sourced by Back At You

282 Ellison St,Paterson City, NJ 07501

Paterson City, NJ 07501

Description

Excellent multi-family investment opportunity featuring 5 UNITS all 1-bedroom, 1-bathroom layouts. Situated in a high-demand rental pocket, this property generates strong, steady immediate cash flow with substantial, proven upside to maximize rental income. Perfect for savvy investors looking for a turn-key asset with clear value-add potential. Don't miss out on this 5th Ward gem!

Details

MLS #	4043659
Listing Type	For Sale
Sub-Type	Resale
Status	Active
Year	9999
Days On Site	48
Listing Provided By	KELLER WILLIAMS MID-TOWN DIRECT \| MENACHEM SILBERMAN

Features

Basement	Y
Story(s)	3
Units	5
Zoning	-

Taxes

Property	12809

Area Information

State	NJ
County	Passaic
City	Paterson City
Zip Code	07501
Area	Passaic
Listing VS Median (in 07501)
Price: $750,000 low \| high Med: $289,000 100% of Average On site: 48 low \| high Med: 118 40.677966101695% of Average

Sourced by Back At You

Market Activity 07501

Date	Sales	Avg $ Per SqFt	Min Sale Price	Max Sale Price	Med Sale Price
Date: Jul 2026	Sales: 3	Avg $ Per SqFt: $	Min Sale Price: $365,000	Max Sale Price: $400,000	Med Sale Price: $385,000
Date: Jun 2026	Sales: 5	Avg $ Per SqFt: $	Min Sale Price: $345,000	Max Sale Price: $785,000	Med Sale Price: $587,600
Date: May 2026	Sales: 5	Avg $ Per SqFt: $	Min Sale Price: $380,000	Max Sale Price: $795,000	Med Sale Price: $505,000
Date: Apr 2026	Sales: 12	Avg $ Per SqFt: $	Min Sale Price: $210,000	Max Sale Price: $820,000	Med Sale Price: $492,500
Date: Mar 2026	Sales: 5	Avg $ Per SqFt: $	Min Sale Price: $357,500	Max Sale Price: $880,000	Med Sale Price: $405,000
Date: Feb 2026	Sales: 4	Avg $ Per SqFt: $	Min Sale Price: $530,000	Max Sale Price: $710,000	Med Sale Price: $632,500
Date: Jan 2026	Sales: 9	Avg $ Per SqFt: $	Min Sale Price: $370,000	Max Sale Price: $915,000	Med Sale Price: $696,000
Date: Dec 2025	Sales: 3	Avg $ Per SqFt: $	Min Sale Price: $380,000	Max Sale Price: $612,000	Med Sale Price: $490,000
Date: Nov 2025	Sales: 3	Avg $ Per SqFt: $	Min Sale Price: $300,000	Max Sale Price: $693,000	Med Sale Price: $352,500
Date: Oct 2025	Sales: 8	Avg $ Per SqFt: $	Min Sale Price: $230,000	Max Sale Price: $1,000,000	Med Sale Price: $422,500
Date: Sep 2025	Sales: 2	Avg $ Per SqFt: $	Min Sale Price: $400,000	Max Sale Price: $500,000	Med Sale Price: $450,000

Sourced by Back At You

Jul 2026
Sales:	3
Avg $ Per SqFt:	$
Min Sale Price:	$365,000
Max Sale Price:	$400,000
Med Sale Price:	$385,000
Jun 2026
Sales:	5
Avg $ Per SqFt:	$
Min Sale Price:	$345,000
Max Sale Price:	$785,000
Med Sale Price:	$587,600
May 2026
Sales:	5
Avg $ Per SqFt:	$
Min Sale Price:	$380,000
Max Sale Price:	$795,000
Med Sale Price:	$505,000
Apr 2026
Sales:	12
Avg $ Per SqFt:	$
Min Sale Price:	$210,000
Max Sale Price:	$820,000
Med Sale Price:	$492,500
Mar 2026
Sales:	5
Avg $ Per SqFt:	$
Min Sale Price:	$357,500
Max Sale Price:	$880,000
Med Sale Price:	$405,000
Feb 2026
Sales:	4
Avg $ Per SqFt:	$
Min Sale Price:	$530,000
Max Sale Price:	$710,000
Med Sale Price:	$632,500
Jan 2026
Sales:	9
Avg $ Per SqFt:	$
Min Sale Price:	$370,000
Max Sale Price:	$915,000
Med Sale Price:	$696,000
Dec 2025
Sales:	3
Avg $ Per SqFt:	$
Min Sale Price:	$380,000
Max Sale Price:	$612,000
Med Sale Price:	$490,000
Nov 2025
Sales:	3
Avg $ Per SqFt:	$
Min Sale Price:	$300,000
Max Sale Price:	$693,000
Med Sale Price:	$352,500
Oct 2025
Sales:	8
Avg $ Per SqFt:	$
Min Sale Price:	$230,000
Max Sale Price:	$1,000,000
Med Sale Price:	$422,500
Sep 2025
Sales:	2
Avg $ Per SqFt:	$
Min Sale Price:	$400,000
Max Sale Price:	$500,000
Med Sale Price:	$450,000

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Contact

Learn More About This Property

Gregory Kyroglou

Modern Spaces New York

(917) 916-6776 greg@modernspaces.com

State	NJ
County	Passaic
City	Paterson City
Zip Code	07501
Area	Passaic
Listing VS Median (in 07501)
Price: $750,000 low \| high Med: $289,000 100% of Average On site: 48 low \| high Med: 118 40.677966101695% of Average

Sourced by Back At You

Nearby Listings (Within 1/10 mile)

Price: $562K - $937K

sqft: 0 - 0

Nearby Listings Property Image	Nearby Listings Details
	$750,000 282 Ellison St Paterson City, NJ 07501
	$1,248,800 276 Ellison St Paterson City, NJ 07501
	$800,000 256 Van Houten St Paterson City, NJ 07501
	$598,000 233 Straight St 2 Paterson City, NJ 07501
	$600,000 292 Van Houten St Paterson City, NJ 07501

Listing Updated: August 13, 2026 at 9:27:14 AM PDT

282 Ellison St,Paterson City, NJ 07501

Paterson City, NJ 07501

Description

Details

Features

Taxes

Area Information

Market Activity 07501

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Request a showing

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Additional Information

Showing Information

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Contact

Learn More About This Property

Gregory Kyroglou

Modern Spaces New York

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$750,000

$1,248,800

$800,000

$598,000

$600,000

Gregory Kyroglou - Modern Spaces New York

282 Ellison St,Paterson City, NJ 07501

Paterson City, NJ 07501

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Description

Details

Features

Taxes

Area Information

Market Activity 07501

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Contact

Learn More About This Property

Gregory Kyroglou

Modern Spaces New York

Contact

Additional Information

Submit Form

Attachments

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$750,000

$1,248,800

$800,000

$598,000

$600,000

Gregory Kyroglou - Modern Spaces New York