Sold823d on market
11 Elm St
Paterson, NJ, 07501 • Downtown • Passaic County
$570,000
4Beds
1Baths
This home is getting attention
Listed 823 days ago · 3 views
Market activity
Demand and pricing signals for this listing
3 views
People checking out this listing
823 days on market
Established listing
Selling Soon Prediction
ModerateThis home ranks in the top 43% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family
Incredible Investment Opportunity on Elm Street, Paterson, NJ! Welcome to 9-11 Elm Street, a phenomenal property presenting an unmatched investment potential in the heart of Paterson, New Jersey. This unique listing offers not just a 3-family home on one lot but also a bonus second lot, measuring 25x110 feet. Imagine the possibilities! The existing 3-family home, built in the 1940s, features two one-bedroom apartments and a spacious two-bedroom unit, providing a solid foundation for rental income or a comfortable residence with added financial benefits. What makes this property truly exceptional is the potential for expansion on the adjoining lot. With dimensions of 25x110 feet, this space is perfect for building a new two-family property. Seize the opportunity to maximize your investment returns in this redevelopment zone. It's an ideal chance for those looking to increase their income potential through smart development.
Standout features identified
Our analysis highlights elm street and spacious two-bedroom unit as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,530/month
Principal & Interest$2,770
Property Tax$570
Insurance$190
Down payment20% ($114,000)
3%50%
Est. 6.12% rate · 30yr fixed · $456,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Parking10 Covered Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family
Parking & Outdoor
ParkingGarage
Garage10 spaces
Location & Tax
NeighborhoodDowntown
Annual tax$6,396
Parcel0804703000000027
Bathrooms & Fees
Full baths1
Features & details
3 categories of property features
Interior Features
Laundry
None
Exterior Features
Parking
Garage
Utilities
Electricity Connected
Natural Gas Connected
Sep Heat
Listing insights
Market data and value estimates
StatusSold
Days on market823
Est. value$670,400
Est. rent$2,340/mo
Tax rate2.28%
On marketNov 15, 2023
PostedNov 16, 2023
Last sold$570,000
MLS updatedMar 13, 2025
Tour days6
Views3
How are the schools in Paterson?
2 schools rated nearby
Location
Paterson, NJ, 07501
Price history
4 events
DateEventPrice$/sqftSource
Jan 12, 2024Sold$570,000—NJMLS
Dec 10, 2023Pending Sale$589,000—NJMLS
Nov 16, 2023Listed For Sale$589,000—NJMLS
Dec 9, 1999Sold$112,000—Agent Provided
Sold$570,000
Jan 12, 2024•NJMLS
Pending Sale$589,000
Dec 10, 2023•NJMLS
Listed For Sale$589,000
Nov 16, 2023•NJMLS
Sold$112,000
Dec 9, 1999•Agent Provided
Tax history
18 years of records
YearTax paidAssessed value
Apr 15, 2025$7,281$142,900
Apr 15, 2024$7,006$142,900
Apr 15, 2023$6,883$142,900
Apr 15, 2022$6,396$142,900
Apr 15, 2021$6,396$142,900
Apr 15, 2020$5,779$142,900
Apr 15, 2019$5,966$139,800
Apr 15, 2018$5,346$137,900
Apr 15, 2017$5,888$128,500
Apr 15, 2016$5,575$135,700
Apr 15, 2015$8,468$135,700
Apr 15, 2014$8,012$292,000
Apr 15, 2012$7,344$292,000
Apr 15, 2011$6,208$292,000
Apr 15, 2010$5,639$292,000
Apr 15, 2009—$292,000
Apr 15, 2008—$292,000
Apr 15, 2007—$292,000
Nearby homes
Neighborhood details
Local context around this listing
Paterson, NJ • Passaic County
Nearby neighborhoods
DowntownEastsideHillcrestNorthsidePeople's ParkRiversideSandy HillSouth PatersonTotowaWrigley Park
Nearby cities
CliftonHawthorneLittle FallsPassaicPatersonRingwoodWanaqueWayne
Nearby zip codes
07501075020750307504075050750907513075140752207524
Similar homes
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 2026-02-06 15:19:29 PST Source: New Jersey Multiple Listing, Inc. © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.
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