474 Ellison St Paterson, NJ 07501
Eastside NeighborhoodEstimated payment $3,221/month
About This Home
This updated three-family home offers modern comfort and efficiency in every unit. Each apartment features two spacious bedrooms, a bright living room, and a well-appointed kitchen, providing a functional layout that suits a variety of lifestyles. The property is equipped with central air and forced hot-air heating, ensuring year-round comfort for all residents. With its solid updates and consistent layout across all three units, this home is an excellent choice for both homeowners and investors seeking a move-in-ready, low-maintenance multi-family property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,682
Year Built
- Built in 1950
Home Design
- Vinyl Siding
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Additional Features
- Basement Fills Entire Space Under The House
- 2,614 Sq Ft Lot
- Forced Air Heating and Cooling System
Community Details
- Net Operating Income $9,999
Listing and Financial Details
- Assessor Parcel Number 2508-04208-0000-00022-0000-
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,682 | $91,900 | $21,500 | $70,400 |
| 2024 | $4,506 | $91,900 | $21,500 | $70,400 |
| 2023 | $4,266 | $91,900 | $21,500 | $70,400 |
| 2022 | $4,266 | $91,900 | $21,500 | $70,400 |
| 2021 | $4,113 | $91,900 | $21,500 | $70,400 |
| 2020 | $3,837 | $91,900 | $21,500 | $70,400 |
| 2019 | $3,799 | $91,900 | $21,500 | $70,400 |
| 2018 | $3,976 | $91,900 | $21,500 | $70,400 |
| 2017 | $4,160 | $100,000 | $21,400 | $78,600 |
| 2016 | $4,578 | $105,500 | $22,500 | $83,000 |
| 2015 | $4,334 | $105,500 | $22,500 | $83,000 |
| 2014 | $9,982 | $344,200 | $154,300 | $189,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/22/2026 01/22/26 | Pending | -- | -- | -- | |
| 12/13/2025 12/13/25 | For Sale | $550,000 | +6.8% | -- | |
| 09/29/2023 09/29/23 | Sold | $515,000 | +3.2% | $269 / Sq Ft | View Prior Sale |
| 08/16/2023 08/16/23 | Pending | -- | -- | -- | |
| 06/03/2023 06/03/23 | For Sale | $499,000 | -- | $261 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $505,000 | None Listed On Document | |
| Deed | $505,000 | None Listed On Document | |
| Deed | $43,733 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $490,943 | FHA | |
| Closed | $490,943 | FHA |
Source: Garden State MLS
MLS Number: 4000917
APN: 08-04208-0000-00022
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