63 Pearl Street Paterson, NJ $ 509,000
63 Pearl Street
$ 509,000
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63 Pearl Street

Paterson, NJ, 07501
$ 509,000
Bedrooms7 Baths3.0

Monthly Estimate*

$ 3,134

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Multi-Family Home for sale in Paterson, NJ

for $509,000 with 7 bedrooms and 3 full baths.

Don’t miss this well-maintained 7 bedroom, 3 bathroom multifamily investment opportunity generating $5,200/month in total rent with all tenants on month-to-month leases — giving you maximum flexibility whether you’re an owner-occupant or pure investor. Ideally located just blocks from the train station, bus lines, schools, shopping, and dining. Updated in 2020, this property is perfectly positioned for an owner-occupant to live in part of the home while collecting rental income from the rest, or for an investor to keep it fully leased for strong cash flow from day one. The first floor features a comfortable living room, eat-in kitchen, 4 bedrooms, and a full bath, offering generous space and functionality. The second floor includes a living room, eat-in kitchen, 3 bedrooms, and a full bath. The finished basement adds valuable bonus living space, further enhancing the property’s versatility and value. Practical layouts and thoughtful updates enhance everyday living throughout. Outside, the fully fenced backyard includes a patio ideal for outdoor dining and grilling. With flexible living spaces, a finished basement, $5,200/month in existing rental income, month-to-month tenancy flexibility, and a commuter-friendly location, this is an excellent opportunity to own a versatile multifamily property in a convenient neighborhood

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Multi-Family Active

Price

$ 509,000

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 8,749

Style

2 Family

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

26015247

Features
General
Utilities Electricity Connected Natural Gas Connected Sep Heat Water Connected
Garage Spaces 0.0
Architectural Style 2 Family
Rooms None
County PASSAIC
Property Type 2-4 Family
HOA N
Total Rooms 12
Full Baths 3
Status Active - Active
City Paterson
Disclosures Seller's Agent Seller Disclosure - Yes
Year Built Details 1960's Build Prior to 1978
Tax Annual Amount 8749.0
Lease Considered Y/N N
Standard Status Active
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Interior
Heating Y/N N
Half Baths 0
Laundry Features In Unit
Total Bedrooms 7
Total Baths 3
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* Excluded Features

Affordability Calculator

$3,863
Per Month
81%
19%
0%
Monthly Principal & Interest
$3,134
Monthly Property Taxes
$729
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
5/21/2026$509,000 -7.29% Price Down
4/29/2026$549,000 Listed Price

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63 Pearl Street, Paterson, NJ, 07501 is a Multi-Family Home for sale at $509,000. 63 Pearl Street has 7 bedrooms and 3.0 baths. The property's zip code is 07501 which is in Paterson, NJ