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$549,000
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Property Description
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!
Full Property Details
Full Property Details for 23 Watson St
General
- Price: $549,000
- Taxes: $9,197 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4041552
- Updated: 7/17/2026
- Added to Site: 29 day(s) ago
Interior
- Number of Rooms: 12
- Interior Features: Blinds, Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Exterior
- Exterior Features: Deck, Patio, Privacy Fence
Parking
- Garage Description: None
Location
- County: Passaic
- Driving Directions: River st, to N Straight st onto N Main left on Watson st
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: Forced Hot Air
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Year Built: 1982
- Remodeled/Updated: 2024
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living Room, Porch, Utility Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Attic, Bedrooms, Kitchen, Living Room, Master Bedroom, Utility Room
- Levels/Stories: 2
- Fireplaces: 1
- Total Bathrooms: 2
- Bedrooms: 4
Lot Features
- Lot Size (Acres): 0.04
- Lot Dimensions: 25 x 75
- Driveway/Sidewalk: On-Street Parking
- Lot Description: Corner
Financial Considerations
- Assessment Amount: $367,700
- Land Assmt: $63,200
- Tax Amount: $9,197
- Tax Year: 2025
Disclosures and Reports
- Disclosures: Yes
- Block: 123
- Lot Number: 9
Listed by Weichert Realtors
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Schools
Schools serving 23 Watson St
School District:Paterson City School District
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 23 Watson St
Date
Details
Price
Change
Source
7/17/2026
Listed
$549,000
—
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 Watson St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,198
—
$430,900
150%
2025
$9,198
9%
$172,400
—
2023
$8,453
6%
$172,400
—
2022
$8,003
4%
$172,400
—
2021
$7,717
7%
$172,400
4%
2018
$7,190
5%
$166,200
1%
2017
$6,860
-9%
$164,900
-5%
2016
$7,559
8%
$174,200
3%
2019
$6,970
-3%
$168,600
-3%
2015
$7,156
-13%
$174,200
-42%
2013
$8,240
—
$300,300
—
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 Watson St
23 Watson St, Paterson, NJ 07522 (MLS# 4041552) is a Multi-Family property with 2 units containing 8 bedrooms and 3 full bathrooms. 23 Watson St is currently listed for $549,000 and was received on July 17, 2026. Want to learn more about 23 Watson 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.

