15 3rd Street, Paterson, NJ

$524,000

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7

Beds

3

Baths

About 15 3rd Street

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. 1st floor is currently vacant and 2nd floor tenant will vacate if requested.

Features of 15 3rd Street

MLS® # 26019901
Price $524,000
Bedrooms 7
Bathrooms 3.00
Full Baths 2
Half Baths 1
Type 2-4 Family
Status Active

Community Information

Address 15 3rd Street
City Paterson
County PASSAIC
State NJ
Zip Code 07522

Amenities

Utilities Electricity Connected, Natural Gas Connected, Sep Heat
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Date Listed May 30th, 2026
Foreclosure No
RE / Bank Owned No

Listing Map

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