153 Ellison St #155, Paterson, NJ, 07505
About This Home
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
Getting Around
Walker's Paradise
Good Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Roof: Flat,Rubber
- Construction materials: Brick/Block
Type & Style
- Home type: Apartment
- Property subType: Apartment
Interior
Basement
- Has basement: Yes
- Basement: Yes,Partially Finished,Full
Bedrooms & Bathrooms
- Bathrooms: 9
Features
- Door features: Max Door Height: 80
- Flooring: Laminate,Tile,Wood
Heating & Cooling
- Heating features: 2 Units,Radiant - Electric,Electric,Natural Gas,Oil Tank Above Ground - Outside
- Cooling features: 1 Unit,Central Air
Interior Area
- Total structure area: 5,300
- Total interior livable area: 5,300 sqft
Property
Details
- Parcel number: 2508044070000000140000
- Attached to another structure: Yes
- Zoning description: commercial
- Other equipment: Appliances
Features
- Stories: 3
Lot
- Lot size: 5,227 sqft
- Features: Level,Business District
- Lot size dimensions: 50 x 106
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
- Cold Wave
- Earthquake
- Hurricane
- Heat Wave
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,596 | $103,152 |
| Home Insurance * | $488 | $5,856 |
| Property Taxes | $3,201 | $38,412 |
| Electricity | $584 | $7,010 |
| Total | $12,869 | $154,428 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-23 | Price change | $1,700,000 |
| 2025-12-02 | Price change | $1,990,000 |
| 2025-08-21 | Listed for sale | $2,500,000 |
| 2025-01-29 | Listing removed | $3,500,000 |
| 2024-07-27 | Listed for sale | $3,500,000 |
View on Zillow