Under contract

Price cut: $25K (5/31)

$425,000

25 Ward St, Paterson City, NJ 07501

3beds

--sqft

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Multi Family

Built in ----

-- sqft lot

$419,700 Zestimate^®

$--/sqft

$-- HOA

What's special

Three bedrooms

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.

121 days

870

26

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 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

$419,700

$399,000 - $441,000

$2,569/mo

Price history

Date	Event	Price
6/23/2026	Pending sale	$425,000
Source: NJMLS #26006443 Report a problem
5/31/2026	Price change	$425,000-5.6%
Source: GSMLS #4011752 Report a problem
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

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

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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