For Sale Multi-Family MLS# 4057602

14 Pearl St

Paterson City, NJ 07501

$499,000

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About 14 Pearl St

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.

Property details

Property

Type
multi
Year built
1986
Lot
0.04 ac
List date
Oct 7, 2026

Schools

District
Paterson City School District

Location

Subdivision
Wrigley Park
Neighborhood
Wrigley Park

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Listed by ALEXANDER ANDERSON REAL ESTATE

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.