See all 20 photos
$499,000
Est. payment /mo
4 Beds
3 Baths
1,800 SqFt
Coming Soon
14-16 Pearl St Paterson City, NJ 07501
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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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Listed by ALEXANDER ANDERSON REAL ESTATE
NEARBY SCHOOL & BUSINESS
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