Listing Details

25 Ward St,Paterson City, NJ 07501-1814

  • February 27, 2026
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Description

Great opportunity to own a two-family property with excellent income potential. This multifamily home features a total of two 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.

Details

Last Updated On: February 27th, 2026 at 5:40 pm
Property ID:PT-30003640-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 499,999 $
Bedrooms:3
Year Built:9999

Additional Details

Listing Details

Status: Active

Location

County: Passaic
Lotsize: 24X100
Lot Identifier: 18
Lot Identifier: 18

Home Details

Open Parking: 1
Basement: Yes
Basmnt/Desc: Yes - Finished-Partially
Acreage: 0.06
Total Baths: 3.00
Unit Style: 2-Two Story
Number of Units: 2
Rooms: 9
Easement/Desc: Unknown
Exterior Description: Vinyl Siding
Roof Description: Asphalt Shingle
Possesion: Upon Closing
Unit 1 Appliances/Equipment: Range/Oven - Gas, Refrigerator
Unit 1 Levels: 1
Unit 1 Rooms: 4
Unit 1 Beds: 1
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 1 Handicap: No
Unit 1 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room
Unit 2 Appliances/Equipment: Range/Oven - Gas
Unit 2 Levels: 1
Unit 2 Rooms: 3
Unit 2 Beds: 2
Unit 2 Baths: 2.0
Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 2 Handicap: No
Unit 2 Room Description: Bedrooms, Eat-In Kitchen
Block Identifier: 4705
County Number: 25
Town Number: 2508
YB/Desc: 9999 - Unknown
Easement: Unknown
Parking/Driveway Description: 1 Car Width
Block Identifier: 4705
County Number: 25
Town Number: 2508
Possession: Upon Closing

Taxes, Fees & Assessments

Expense Include: Taxes
Tax ID For Property: 2508-04705-0000-00018-0000-
Tax Amount: $6,412.00
Tax Year: 2024
Tax Rate: 5.095%
Tax Rate Year: 2024
Land Assessment: $21,900.00
Building Assessment: $98,300.00
Total Assessment: $120,200.00
FHA Age Restricted: No

Utilities

Heat Source: Gas-Natural
Heat System: 2 Units, Baseboard - Hotwater
Cool System: None
Water: Public Water
Sewer: Public Sewer
Utilities: Gas-Natural

Features

  • Deck

Statistics

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