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4 Beds
3 Baths

$499,000

14-16 Pearl Street, Paterson NJ, 07501

Property typeMulti-family
Listed by Alexandros Mouzakitis with Alexander Anderson Real Estate Group 201-341-5147

Overview

Active

Active - Active

Listed Oct 7, 2026

Updated 2 days ago

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 agent now for more details.

$3,320/mo

Est. mortgage payment based on a $499,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26034510

Interior Features

Bedrooms
4
Bathrooms
3
Basement
No

Other Property Details

Taxes
$9,336
Tax Frequency
Annually
Association Fee Frequency
Monthly
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Listed by Alexandros Mouzakitis with Alexander Anderson Real Estate Group 201-341-5147

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS.  Real estate listings held by brokerage firms other than Ridgeco Properties are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers.  Some properties listed with the participating brokers do not appear on this website at the request of the seller.  Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed.  Last date updated:  10/8/2026 

Source:  New Jersey Multiple Listing Service, Inc.

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