Active

$549,000

23 Watson St, Paterson City, NJ 07522

8beds

--sqft

$4,311/mo

Get pre-qualified

Multi Family

Built in 1982

-- sqft lot

$573,400 Zestimate^®

$--/sqft

$-- HOA

What's special

Updated kitchenSpacious duplexModern updatesSpacious layouts

Fully Renovated 2-Family Investment Opportunity !Welcome to 23 Watson St., Paterson, NJ a beautifully renovated two-family home offering spacious layouts, modern updates, and excellent income potential.Unit 1 features 4 bedrooms, 1 full bathroom, a bright living room, and an updated kitchen.Unit 2 is a spacious duplex offering 4 bedrooms, 2 full bathrooms, a living room, and an updated kitchen, providing plenty of room for comfortable living.Both units have been fully renovated, making this an ideal opportunity for both owner-occupants and investors seeking a move-in-ready property.Additional highlights include:* Fully renovated throughout* Roof replaced approximately 2 years ago* Separate, spacious living areas* Excellent investment or owner-occupied opportunity Please note: The property is located in a flood zone, and flood insurance is required.Don't miss this opportunity to own a turnkey multi-family property with strong rental potential in Paterson!

82 days
230
9

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 3
Full bathrooms: 3

Heating

Forced Air, Natural Gas

Appliances

Included: Exhaust Fan, Range/Oven - Gas, Refrigerator, Kitchen Exhaust Fan, Gas Water Heater

Features

Bedrooms, Kitchen, Living Room, Utility Room, Attic, Master Bedroom
Flooring: Tile
Windows: Blinds
Basement: Yes,Unfinished
Number of fireplaces: 1

Interior area

Total structure area: 0

Property

Parking

Parking features: On Street, None

Features

Levels: Two
Stories: 2
Patio & porch: Deck, Patio, Porch
Fencing: Privacy

Lot

Size: 1,742 Square Feet
Dimensions: 25 x 75
Features: Corner Lot

Details

Parcel number: 2508001230000000090000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Aluminum Siding
Roof: Asphalt Shingle

Condition

Year built: 1982
Major remodel year: 2024

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Underground Utilities

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector

Location

Region: Paterson

Financial & listing details

Tax assessed value: $430,900
Annual tax amount: $9,197
Date on market: 7/17/2026
Total actual rent: 5000

Estimated market value

$573,400

$545,000 - $602,000

$2,208/mo

Price history

Date	Event	Price
7/17/2026	Listed for sale	$549,000+83%
Source: GSMLS #4041552 Report a problem
7/15/2025	Listing removed	$2,500
Source: Zillow Rentals Report a problem
7/10/2025	Listed for rent	$2,500
Source: Zillow Rentals Report a problem
9/9/2024	Sold	$300,000
Source: Public Record Report a problem
6/27/2024	Sold	$300,000-22.1%
Source: GSMLS #3823444 Report a problem
2/14/2024	Pending sale	$385,000
Source: GSMLS #3823444 Report a problem
10/5/2023	Listed for sale	$385,000+13.3%
Source: GSMLS #3823444 Report a problem
3/18/2023	Pending sale	$339,900
Source: GSMLS #3823444 Report a problem
1/7/2023	Listed for sale	$339,900-2.9%
Source: GSMLS #3823444 Report a problem
10/20/2022	Listing removed	--
Source: GSMLS #3800465 Report a problem
8/4/2022	Listed for sale	$350,000+1650%
Source: NJMLS #22029227 Report a problem
2/7/2011	Sold	$20,000-22.8%
Source: Public Record Report a problem
1/6/2011	Listed for sale	$25,900-13.4%
Source: foreclosure.com Report a problem
10/10/2010	Listing removed	$29,900
Source: Fannie Mae #2800028 Report a problem
10/8/2010	Price change	$29,900-16.9%
Source: Fannie Mae #2800028 Report a problem
9/4/2010	Price change	$36,000-90.6%
Source: Fannie Mae #2800028 Report a problem
8/5/2010	Listed for sale	--
Source: foreclosure.com Report a problem
6/21/2007	Sold	$385,000+92.5%
Source: Public Record Report a problem
4/6/2006	Sold	$200,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,784 +3.9%	$172,400
2024	$8,453 +1.8%	$172,400
2023	$8,305 +7.6%	$172,400
2022	$7,717	$172,400
2021	$7,717 +10.7%	$172,400
2020	$6,970 -3.1%	$172,400 +2.3%
2019	$7,190 +4.8%	$168,600 +1.4%
2018	$6,860 -9.2%	$166,200 +0.8%
2017	$7,559 +5.6%	$164,900 -5.3%
2016	$7,156 -17.8%	$174,200
2015	$8,709 +5.7%	$174,200 -42%
2014	$8,240 +9.1%	$300,300
2013	$7,553	$300,300
2012	$7,553 +18.3%	$300,300
2011	$6,384 +10.1%	$300,300
2010	$5,799	$300,300
2009	--	$300,300
2008	--	$300,300
2007	--	$300,300 +2423.5%
2006	--	$11,900
2005	--	$11,900
2004	--	$11,900
2003	--	$11,900
2002	--	$11,900
2001	--	$11,900