14-16 Pearl St, Paterson City, NJ 07501
14-16 Pearl St, Paterson City, NJ 07501
14-16 Pearl St, Paterson City, NJ 07501
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$499,000
Est. payment /mo
4 Beds
3 Baths
1,800 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $277

MLS Listing ID 4057602

Style Under/Over

Bedrooms 4

Full Baths 3

Year Built 1986

Annual Tax Amount $9,336

Tax Year 2025

Lot Size 1,742 Sqft

Property Description

Excellent opportunity to own a two-family property in a convenient downtown location near the train station. The property features two separate units, one on the first floor and one on the second floor, each offering 2 bedrooms and 1 full bath, along with a fully finished basement providing valuable additional space. The property currently produces a total rent roll of $5,000 per month. All tenants are on month-to-month leases, providing added flexibility for a buyer who may want to occupy one of the units while continuing to collect rental income from the other. Well suited for both an owner-occupant looking to offset housing costs and an investor seeking an income-producing property, this two-family offers a flexible layout, established rental income, and a strong downtown location with convenient access to transportation, shopping, dining, and the train station. This property also qualifies for a low down payment, low interest rate loan as well as down payment assistance for first time buyers. Call the listing office now for more details.

Location

State NJ

County Passaic

Rooms

Basement Finished, Full

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Garage No

Building

Sewer Public Sewer

Water Public Water

Architectural Style Under/Over

Others

Senior Community No


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Garden State MLS(GSMLS)
Listed by ALEXANDER ANDERSON REAL ESTATE
NEARBY SCHOOL & BUSINESS
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Patrice Penda

Patrice Penda

+1(201) 907-2791

REALTOR® License ID: 2187041

REALTOR® License ID: 2187041

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