Great opportunity to own a two-family property with excellent income potential. This multifamily home features a total of three bedrooms and three full bathrooms, offering flexibility for both investors and owner-occupants. Ideal for a first-time homebuyer looking to live in one unit while generating rental income from the other. A smart investment and a fantastic way to build equity while offsetting your mortgage. The property next to this 23 Ward St a 4 family is also being sold. GSMLS# 4008933 NJMLS# 26004411. This presents a unique opportunity to acquire both parcels and maximize potential for expansion, investment, or future development.
Active
Price cut: $50K (3/16)
$450,000
25 Ward St, Paterson City, NJ 07501
3beds
--sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$460,600 Zestimate®
$--/sqft
$-- HOA
What's special
Three bedrooms
- 37 days |
- 1,861 |
- 27 |
Zillow last checked: 15 hours ago
Listing updated: March 18, 2026 at 01:19am
Listed by:
Tina M. Henderson 973-255-0059,
Real
Source: GSMLS,MLS#: 4011752
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- 2 Units, Baseboard - Hotwater, Natural Gas
Appliances
- Included: Range/Oven - Gas, Refrigerator
Features
- Bedrooms, Dining Room, Eat-in Kitchen, Living Room, Eat-In Kitchen
- Basement: Yes,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 1
- Parking features: 1 Car Width
- Uncovered spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
Lot
- Size: 2,613.6 Square Feet
- Dimensions: 24 x 100
Details
- Parcel number: 2508047050000000180000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & HOA
Location
- Region: Paterson
Financial & listing details
- Tax assessed value: $120,200
- Annual tax amount: $6,412
- Date on market: 2/27/2026
- Total actual rent: 0
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
Estimated market value
$460,600
$438,000 - $484,000
$2,862/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/16/2026 | Price change | $450,000-10% |
Source:  GSMLS #4011752 Report a problem | ||
| 2/27/2026 | Listed for sale | $499,999+108.3% |
Source: GSMLS #4011752 Report a problem | ||
| 1/6/2004 | Sold | $240,000 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,124 +3.9% | $120,200 |
| 2024 | $5,893 +1.8% | $120,200 |
| 2023 | $5,790 +7.6% | $120,200 |
| 2022 | $5,380 | $120,200 |
| 2021 | $5,380 +10.7% | $120,200 |
| 2020 | $4,862 -3.1% | $120,200 +2.2% |
| 2019 | $5,018 +19.6% | $117,600 +1.4% |
| 2018 | $4,197 -9.2% | $116,000 +15% |
| 2017 | $4,621 +5.6% | $100,900 -5.3% |
| 2016 | $4,375 -46.1% | $106,500 |
| 2015 | $8,120 +5.7% | $106,500 -62% |
| 2014 | $7,683 +9.1% | $280,000 |
| 2013 | $7,042 | $280,000 |
| 2012 | $7,042 +8.5% | $280,000 |
| 2011 | $6,489 +10.1% | $280,000 -8.3% |
| 2010 | $5,893 | $305,200 |
| 2009 | -- | $305,200 |
| 2008 | -- | $305,200 |
| 2007 | -- | $305,200 +4323.2% |
| 2006 | -- | $6,900 |
| 2005 | -- | $6,900 |
| 2004 | -- | $6,900 |
| 2003 | -- | $6,900 |
| 2002 | -- | $6,900 |
| 2001 | -- | $6,900 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,074/mo
Principal & interest
$2219
Property taxes
$855
More affordability tools
Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 5/10School 2Grades: K-8Distance: 0.1 mi
- 1/10Newcomers High SchoolGrades: 9-12Distance: 0.3 mi
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