25 Ward St, Paterson, NJ, 07501
About This Home
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.
Getting Around
Walker's Paradise
Good Transit
BikeableSchools
Construction
Materials
- Roof: Asphalt Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range/Oven - Gas,Refrigerator
Basement
- Has basement: Yes
- Basement: Yes,Partially Finished
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Features
- Bedrooms,Dining Room,Eat-in Kitchen,Living Room,Eat-In Kitchen
Heating
- Heating features: 2 Units,Baseboard - Hotwater,Natural Gas
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 2508047050000000180000
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
Lot
- Lot size: 2,613 sqft
- Lot size dimensions: 24 x 100
Parking
- Total spaces: 1
- Parking features: 1 Car Width
- Uncovered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,149 | $25,788 |
| Home Insurance * | $229 | $2,748 |
| Property Taxes | $800 | $9,600 |
| Electricity | $193 | $2,318 |
| Total | $3,371 | $40,452 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-16 | Price change | $450,000 |
| 2026-02-27 | Listed for sale | $499,999 |
| 2004-01-06 | Sold | $240,000 |
View on Zillow