$975,000
Price
12
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great Investment Opportunity in PatersonWell-maintained 3-family property located in a desirable neighborhood. 4 bedrooms, 2 full baths, each unit, with all units fully rented, providing immediate cash flow. The property features a walk-out basement, along with a good-sized backyard. Conveniently located near schools, shopping, and parks, making it attractive to long-term tenants. A solid opportunity for investors seeking steady income in a high-demand area.Great Investment Opportunity in PatersonWell-maintained 3-family property located in a desirable neighborhood. 4 bedrooms, 2 full baths, each unit, with all units fully rented, providing immediate cash flow. The property features a walk-out basement, along with a good-sized backyard. Conveniently located near schools, shopping, and parks, making it attractive to long-term tenants. A solid opportunity for investors seeking steady income in a high-demand area.
  1. Listed by SALIH OKDEMIR • RE/MAX TRUST PROPERTIES

Property Details for 32 Elm Street

Directions
Mill st to Elm
Days On Market
0
LISTING UPDATED: 01/03/2026 11:37 AM

Property Details for 32 Elm Street

StatusComing Soon
MLS #4003301
Days on Market-
Taxes$11,193 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built1910
Lot Size0.06 AC / 2,613 SF
CountyPassaic County

Location

Listing Courtesy of RE/MAX TRUST PROPERTIES, SALIH OKDEMIR
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Building Information for 32 Elm Street

Stories-Residences3Year Built1910Building Size-Lot Size0.06 AC / 2,613 SF

Payment Calculator

$5,751 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,818

Property Taxes

$933

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 32 Elm Street

Summary
Location and General Information
  • Address Included: Y
  • County #: Passaic
  • Town Name: Paterson City
  • Block Identifier: 4705
  • Listing Type: Exclusive Right to Sell
  • Town #: 2508.0
  • Street # Display: 32.0
  • # Parking Spaces: 0
  • County Or Parish: Passaic
  • Street Name: Elm St
  • Zip Code: 07501-2686
  • Total Units: 3
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $11,193
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 219700.0
  • Tax ID For Property: 2508-04705-0000-00011-0000-
  • Tax Rate Amount: $5
  • Tax Rate Tax: *
  • Tax Rate Year: 2025
  • Tax Year: 2024
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: None, On-Street Parking
Property
Lot Information
  • Lot Identifier: 11
  • Approximate Lot Size: 25X100
  • Total Acres: 0.06
  • Construction Date/Year Built: 1910
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 197800.0
  • Assessment Land: 21900.0
Utilities
  • Cooling: Wall A/C Unit(s)
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 3 Units, Baseboard - Hotwater, See Remarks
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Finished-Partially, Partial, Walkout
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: CarbMDet, CookGas, RgOvGas, SmokeDet
  • Unit 1 Baths: 2.0
  • Unit 1 Bedrooms: 4
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 9999.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 1 Rooms: 9.0
  • Unit 1 Security Deposit: 9999.0
  • Unit 1 Sq Ft: 875.0
Unit 2 Information
  • Unit 2 Appl/Equip: CarbMDet, CookGas, RgOvGas, SmokeDet
  • Unit 2 Baths: 2.0
  • Unit 2 Bedrooms: 4
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 9999.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 2 Rooms: 9.0
  • Unit 2 Security Deposit: 9999.0
  • Unit 2 Sq Ft: 875.0
Unit 3 Information
  • Unit 3 Appl/Equip: CarbMDet, CookGas, RgOvGas, SmokeDet
  • Unit 3 Baths: 2.0
  • Unit 3 Bedrooms: 4
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 3.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 3 Rent: 9999.0
  • Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 3 Rooms: 9.0
  • Unit 3 Security Deposit: 9999.0
  • Unit 3 Sq Ft: 875.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $9,999.00
  • Net Operating Income: $9,999.00
  • Gross Operating Income: $9,999.00

Property History for 32 Elm Street

DateEvent & SourcePriceAppreciation
Jan 1, 2026

Listed (Active)

NJMLS #26000211

$975,000
DateEvent & SourcePrice
01/01/2026

Listed (Active)

NJMLS #26000211

$975,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 32 Elm Street

Taxable ValueLand$21,900Additions$197,800Total$219,700
Tax Record2024$11,194 ($933 / month)
Home Facts
Beds0Total Finished SqFt2,616 SqFtAbove Grade Finished SqFt2,616 SqFtStories3Lot Size2,500 SqFtStyleSingle Family ResidenceCountyPASSAICAPN08 04705-0000-00011

Schools near 32 Elm Street

This home is within Paterson Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - PK to 3
Public - PK to 5
Public - K to 8
Rating
School
Distance
Dale Avenue Elementary School
PublicPK to 2

Edward W. Kilpatrick Elementary School
PublicPK to 3

School 15
PublicPK to 5

School 2
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

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32 Elm Street is a multi-family home Coming Soon in Paterson, NJ 07501. This property is currently priced at $975,000. This listing's school district is Paterson Public School District. Nearby schools include Dale Avenue Elementary School, Edward W. Kilpatrick Elementary School and School 15. 32 Elm Street is a 12-bed, 6-bath, multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX TRUST PROPERTIES, SALIH OKDEMIR

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked 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: 01/04/2026 08:32 PM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 01/04/2026 08:32 PM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.