diff --git a/eng/Versions.props b/eng/Versions.props
index 9c16fe54c5d5..cc92ad07f9c1 100644
--- a/eng/Versions.props
+++ b/eng/Versions.props
@@ -157,6 +157,9 @@
     <SystemSecurityPermissionsPackageVersion>9.0.0-rc.1.24378.5</SystemSecurityPermissionsPackageVersion>
     <SystemTextEncodingCodePagesPackageVersion>9.0.0-rc.1.24378.5</SystemTextEncodingCodePagesPackageVersion>
     <SystemTextJsonPackageVersion>9.0.0-rc.1.24378.5</SystemTextJsonPackageVersion>
+    <!-- This is a minimum version for various projects to work. It's used for netfx-targeted components that run in Visual Studio
+         because in those cases, Visual Studio is providing System.Text.Json, and we should work with whichever version it ships. -->
+    <SystemTextJsonToolsetPackageVersion>8.0.4</SystemTextJsonToolsetPackageVersion>
     <SystemWindowsExtensionsPackageVersion>9.0.0-rc.1.24378.5</SystemWindowsExtensionsPackageVersion>
   </PropertyGroup>
   <PropertyGroup>
diff --git a/src/BuiltInTools/dotnet-watch/dotnet-watch.csproj b/src/BuiltInTools/dotnet-watch/dotnet-watch.csproj
index c3b54f5954d7..f405fff96f9b 100644
--- a/src/BuiltInTools/dotnet-watch/dotnet-watch.csproj
+++ b/src/BuiltInTools/dotnet-watch/dotnet-watch.csproj
@@ -36,11 +36,6 @@
     <PackageReference Include="Microsoft.CodeAnalysis.Workspaces.MSBuild" />
     <PackageReference Include="Microsoft.NET.StringTools" ExcludeAssets="runtime" PrivateAssets="All" />
 
-    <!--
-      Explicit System.Text.Json package reference is required for source-build to pick up the live package.
-      Avoids picking up an old version via transitive dependency from Microsoft.Build or Microsoft.CodeAnalysis.Workspaces.MSBuild.
-    -->
-    <PackageReference Include="System.Text.Json" />
     <!-- Lift dependency of NETStandard.Library.NETFramework to version produced in SBRP. -->
     <PackageReference Include="NETStandard.Library" VersionOverride="$(NETStandardLibraryVersion)" ExcludeAssets="All" />
 
diff --git a/src/Microsoft.DotNet.TemplateLocator/Microsoft.DotNet.TemplateLocator.csproj b/src/Microsoft.DotNet.TemplateLocator/Microsoft.DotNet.TemplateLocator.csproj
index 7e81ae42956d..422b3cdafbbe 100644
--- a/src/Microsoft.DotNet.TemplateLocator/Microsoft.DotNet.TemplateLocator.csproj
+++ b/src/Microsoft.DotNet.TemplateLocator/Microsoft.DotNet.TemplateLocator.csproj
@@ -58,6 +58,6 @@
   </ItemGroup>
 
   <ItemGroup Condition="'$(TargetFrameworkIdentifier)' == '.NETFramework'">
-    <PackageReference Include="System.Text.Json"  VersionOverride="8.0.3" />
+    <PackageReference Include="System.Text.Json"  VersionOverride="$(SystemTextJsonToolsetPackageVersion)" />
   </ItemGroup>
 </Project>
diff --git a/src/Resolvers/Microsoft.DotNet.MSBuildSdkResolver/Microsoft.DotNet.MSBuildSdkResolver.csproj b/src/Resolvers/Microsoft.DotNet.MSBuildSdkResolver/Microsoft.DotNet.MSBuildSdkResolver.csproj
index 0dd4e75444d6..a83b8d858146 100644
--- a/src/Resolvers/Microsoft.DotNet.MSBuildSdkResolver/Microsoft.DotNet.MSBuildSdkResolver.csproj
+++ b/src/Resolvers/Microsoft.DotNet.MSBuildSdkResolver/Microsoft.DotNet.MSBuildSdkResolver.csproj
@@ -89,7 +89,7 @@
   <ItemGroup Condition="'$(TargetFrameworkIdentifier)' == '.NETFramework'">
     <!-- Netfx version builds against the lowest version of System.Text.Json that's guaranteed to be shipped with MSBuild in VS -->
     <PackageReference Include="Microsoft.Bcl.AsyncInterfaces" VersionOverride="8.0.0" />
-    <PackageReference Include="System.Text.Json" VersionOverride="8.0.3" />
+    <PackageReference Include="System.Text.Json" VersionOverride="$(SystemTextJsonToolsetPackageVersion)" />
     <Reference Include="System" />
     <Reference Include="System.Core" />
     <PackageReference Include="Microsoft.VisualStudio.Setup.Configuration.Interop" PrivateAssets="All" ExcludeAssets="Runtime" />
@@ -137,7 +137,7 @@
 
     <ItemGroup>
       <ExpectedDependencies Include="Microsoft.Deployment.DotNet.Releases, Version=2.0.0.0, Culture=neutral, PublicKeyToken=31bf3856ad364e35" />
-      <ExpectedDependencies Include="System.Text.Json, Version=8.0.0.3, Culture=neutral, PublicKeyToken=cc7b13ffcd2ddd51" />
+      <ExpectedDependencies Include="System.Text.Json, Version=8.0.0.4, Culture=neutral, PublicKeyToken=cc7b13ffcd2ddd51" />
       <ExpectedDependencies Include="System.Text.Encodings.Web, Version=8.0.0.0, Culture=neutral, PublicKeyToken=cc7b13ffcd2ddd51" />
       <ExpectedDependencies Include="Microsoft.Build.Framework, Version=15.1.0.0, Culture=neutral, PublicKeyToken=b03f5f7f11d50a3a" />
       <ExpectedDependencies Include="System.Collections.Immutable, Version=8.0.0.0, Culture=neutral, PublicKeyToken=b03f5f7f11d50a3a" />
diff --git a/src/Resolvers/Microsoft.NET.Sdk.WorkloadManifestReader/Microsoft.NET.Sdk.WorkloadManifestReader.csproj b/src/Resolvers/Microsoft.NET.Sdk.WorkloadManifestReader/Microsoft.NET.Sdk.WorkloadManifestReader.csproj
index 34814929f1b8..340d57e1e186 100644
--- a/src/Resolvers/Microsoft.NET.Sdk.WorkloadManifestReader/Microsoft.NET.Sdk.WorkloadManifestReader.csproj
+++ b/src/Resolvers/Microsoft.NET.Sdk.WorkloadManifestReader/Microsoft.NET.Sdk.WorkloadManifestReader.csproj
@@ -28,7 +28,7 @@
   <ItemGroup Condition="'$(TargetFrameworkIdentifier)' == '.NETFramework'">
     <!-- Netfx version builds against the lowest version of System.Text.Json that's guaranteed to be shipped with MSBuild in VS -->
     <PackageReference Include="Microsoft.Bcl.AsyncInterfaces" VersionOverride="8.0.0" />
-    <PackageReference Include="System.Text.Json" VersionOverride="8.0.3" />
+    <PackageReference Include="System.Text.Json" VersionOverride="$(SystemTextJsonToolsetPackageVersion)" />
     <Reference Include="System" />
     <Reference Include="System.Core" />
   </ItemGroup>