474 Ellison, Paterson, NJ 07501
Listing Courtesy of Realty Empire, LLC
$550000
Potential Rebate: $8,250
Overview
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.
Estimated Monthly Payment
$3,108 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$8,250
Monthly savings impact
$23/mo
Effective Purchase Price
$541,750
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
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 RLS Data display by Real Estate Rebate Team LLC. 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.
Source: New Jersey Multiple Listing Service, Inc.
"© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved".
The Real Estate Rebate Team
Listing Courtesy of Realty Empire, LLC
Data Source: NJMLS #25042158
Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
REBNY & NAR
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Listings
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 RLS Data display by Real Estate Rebate Team LLC. 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.
Source: New Jersey Multiple Listing Service, Inc.
"© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved".
The Real Estate Rebate Team
Listing Courtesy of Realty Empire, LLC
Data Source: NJMLS #25042158
Price Analysis
Compare average listing prices and value metrics for 474 Ellison, Paterson, NJ 07501 against the surrounding Paterson City market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
13.65% Lower
than the Paterson City price average
Units in this this home are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
