14-16 Pearl Street Paterson, NJ $ 499,000
14-16 Pearl Street
$ 499,000
Recently Listed
Open House 10/10 12pm - 2pm
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14-16 Pearl Street

Paterson, NJ, 07501
$ 499,000
Bedrooms4 Baths3.0

Monthly Estimate*

$ 3,446

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Multi-Family Home for sale in Paterson, NJ

for $499,000 with 4 bedrooms and 3 full baths.

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.

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Open House

10/10/2026 12:00 PM - 2:00 PM
14-16 Pearl Street Paterson, NJ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 499,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 9,336

Style

2 Family

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

26034510

Features
General
Utilities Electricity Connected Natural Gas Connected Sep Heat
Architectural Style 2 Family
Rooms None
County PASSAIC
Property Type 2-4 Family
HOA N
Total Rooms 10
Full Baths 3
Status Active - Active
City Paterson
Disclosures Seller's Agent
Year Built Details 1980's Build Prior to 1978
Tax Annual Amount 9336.0
Lease Considered Y/N N
Standard Status Active
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Interior
Heating Y/N N
Half Baths 0
Laundry Features None
Total Bedrooms 4
Total Baths 3
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* Excluded Features

Affordability Calculator

$4,224
Per Month
82%
18%
0%
Monthly Principal & Interest
$3,446
Monthly Property Taxes
$778
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/7/2026$499,000 Listed Price

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14-16 Pearl Street, Paterson, NJ, 07501 is a Multi-Family Home for sale at $499,000. 14-16 Pearl Street has 4 bedrooms and 3.0 baths. The property's zip code is 07501 which is in Paterson, NJ