$650,000
SOLD SEP 2, 2025
6 Beds
4 Baths
2,611 Sq Ft
2,483 Sq Ft Lot

Recently Sold

$249 Per Sq Ft

31 Days on Market

About This Home

As of September 2025

Welcome to 429 E 23rd Street, a spacious and versatile legal two-family home nestled in the heart of Paterson's vibrant Eastside neighborhood. Perfect for owner-occupants or savvy investors, this well-maintained property offers generous living space across three finished levels, including a fully finished attic and basement ideal for extended living or recreational use.Unit 1 features a comfortable layout with 3 bedrooms, a full bathroom, a bright living room, and an eat-in kitchen with ample cabinet space. Unit 2 offers similar amenities with 2 bedrooms, a full bathroom, and access to the finished attic, which includes additional rooms perfect for a home office, playroom, or guest space.The finished basement provides extra living or entertainment space, along with a separate entrance for added privacy and flexibility.Other highlights include: Separate utilities for each unit; A private backyard ideal for entertaining or relaxing; Close proximity to schools, parks, public transportation, and major highwaysWhether you're looking to live in one unit and rent the other or expand your investment portfolio, 429 E 23rd Street delivers space, functionality, and potential. Don't miss out on this exceptional opportunity in a growing neighborhood!

Last Agent to Sell the Property

Ismail Saleh

EXP Realty, LLC Listed on: 06/13/2025

EXP Realty, LLC

Last Buyer's Agent

Nancy Pavic

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,300

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 040 / 03305

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,300

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 866-201-6210
  • MLS Status: Sold - Sold
  • Directions: 10th Ave to E 23rd St (one-way)
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Tax Info

  • Tax Annual Amount: 11300.0
  • Tax Block: 03305
  • Tax Lot: 040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2014
Sold by
Malhotra Shashi and Malhotra Sashi
Bought by
Seabra Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,924
Outstanding Balance
$167,865
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$481,553

Purchase Details

Closed on
Oct 7, 2008
Sold by
Us Bank Na
Bought by
Malhorta Sashi

Purchase Details

Closed on
Aug 11, 2008
Sold by
Jerry Speziale Passaic Cnty Sheriff and Reyes Jose
Bought by
Us Bank Na Trustee

Purchase Details

Closed on
Apr 14, 1999
Sold by
Ortiz Frank and Ortiz Malta
Bought by
Reyes Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,465
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 18, 1995
Sold by
Mayerfield Manfred
Bought by
Ortiz Frank and Ortiz Malta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
7.43%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $255,000 Alta
Bargain Sale Deed $136,500 --
Sheriffs Deed $320,878 --
Deed $126,500 Old Republic Natl Title Ins
Deed $87,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $220,924 FHA
Previous Owner $296,000 Adjustable Rate Mortgage/ARM
Previous Owner $125,465 FHA
Previous Owner $68,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 Sold $650,000 +0.1% $249 / Sq Ft
07/14/2025 07/14/25 Pending -- -- --
06/13/2025 06/13/25 For Sale $649,500 -- $249 / Sq Ft
Source: New Jersey MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,301 $221,800 $47,100 $174,700
2024 $10,875 $221,800 $47,100 $174,700
2022 $10,296 $221,800 $47,100 $174,700
2021 $9,928 $221,800 $47,100 $174,700
2020 $9,260 $221,800 $47,100 $174,700
2019 $8,958 $216,700 $46,100 $170,600
2018 $9,240 $213,600 $45,700 $167,900
2017 $8,819 $212,000 $45,400 $166,600
2016 $9,702 $223,600 $47,500 $176,100
2015 $9,185 $223,600 $47,500 $176,100
2014 $12,212 $421,100 $154,300 $266,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 25020872

New Jersey MLS

APN: 08-03305-0000-00040