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$675,000 Just Listed
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Property Description
Great opportunity to own a 4-unit multifamily property with strong income potential! This building features a total of 8 bedrooms and 4 full bathrooms, offering spacious layouts across all four units. Ideal for investors or owner-occupants looking to add value and build long-term cash flow.The property needs some work, making it a perfect value-add opportunity for buyers ready to renovate and increase rents or equity. Solid footprint, multiple units, and strong upside in a growing rental market.Whether you're expanding your portfolio or looking for your first multifamily investment, this property offers the space, structure, and potential to become a great income-producing asset.Bring your vision and unlock the possibilities!
Full Property Details
Full Property Details for 23 Ward St
General
- Price: $675,000
- Taxes: $12,966 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4008933
- Updated: 2/11/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 16
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Location
- County: Passaic
- Driving Directions: Market Street to Mill Street to Ward Street
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: Baseboard - Hotwater
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Year Built: 9999
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.08
- Lot Dimensions: 33 x 100
- Driveway/Sidewalk: None, On-Street Parking
Financial Considerations
- Expenses: Taxes
- Operating Expenses: $12,967
- Assessment Amount: $228,800
- Land Assmt: $25,700
- Tax Amount: $12,966
- Tax Year: 2024
Disclosures and Reports
- Disclosures: Yes
- Block: 4705
- Lot Number: 19
Listed by Real
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Schools
Schools serving 23 Ward St
School District:Paterson City School District
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 23 Ward St
Date
Details
Price
Change
Source
2/09/2026
Listed
$675,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 23 Ward St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,967
11%
$254,500
—
2022
$11,637
—
$254,500
2%
2022
$11,637
4%
$250,700
—
2021
$11,221
15%
$250,700
11%
2018
$9,790
-3%
$226,300
-8%
2019
$10,132
8%
$245,100
9%
2017
$9,343
-9%
$224,600
-5%
2016
$10,292
6%
$237,200
—
2015
$9,744
1%
$237,200
-32%
2013
$9,604
—
$350,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 23 Ward St
23 Ward St, Paterson, NJ 07501 (MLS# 4008933) is a Multi-Family property with 4 units containing 8 bedrooms and 4 full bathrooms. 23 Ward St is currently listed for $675,000 and was received on February 09, 2026. Want to learn more about 23 Ward St? Do you have questions about finding other Multi-Family real estate for sale in Paterson? You can browse all Paterson real estate or contact a Coldwell Banker agent to request more information.

