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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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14-16 Pearl St , Paterson City, NJ 07501
$499,000
Est. Payment: $2,723.25/mo
4 Bed
3 Bath
0.04 Acres
Status: active | Days on site: 3
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2118 - 398618
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Susan Maryanski
Operator

House 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.

Highlights

Listed by ALEXANDROS MOUZAKITIS , MP ALEXANDER ANDERSON REAL ESTATE , 201-343-6640. Garden State MLS

Property Type

Multi-Family

Lot/Acreage
0.04

Year Built

1986

County

Passaic

Listing ID

4057602

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Air Cond:Window A/C(s)
Fireplaces:
Basement:Finished,Full
Water:Public Water

Exterior Features

Lot Dimensions:23 X 72.5
Roof:Asphalt Shingle
Others:
  • ▪ Additional:Vinyl Siding
Sewer:Public Sewer
Principal Interest
$2,723
Taxes
$778

Home Price

$499,000

Loan Details

30 yrs
7.25%

Down Payment

20%
$99,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,723.25

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,723.25 $778.00 $0.00 $3,501.25
Yearly $32,678.97 $9,336.00 $0.00 $42,014.97
Total $980,369.18 $280,080.00 $0.00 $1,260,449.18

Today's Rates

30 Year

7.25%

20 Year

7.06%

15 Year

6.58%

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Market insight data is pulled from the same city as the listing being viewed (Paterson City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-22T22:59:27.000Z

© 2026 Garden State MLS