63 Pearl St, Paterson, NJ 07501
Local realty services provided by:ERA Reed Realty, Inc.
63 Pearl St,Paterson City, NJ 07501
$549,000
- 7 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Upcoming open houses
- Sun, May 0312:00 pm - 02:00 pm
Listed by: hassan gebril
Office: howard hanna rand realty973-694-6500
MLS#:4024143
Source:NJ_GSMLS
Price summary
- Price:$549,000
About this home
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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Home facts
- Year built:1960
- Listing ID #:4024143
- Added:3 day(s) ago
- Updated:May 03, 2026 at 02:23 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:12
- Basement Description:Basement, Finished, Full
Heating and cooling
- Heating:Baseboard - Hotwater
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1960
- Lot area:0.06 Acres
- Lot Features:Level Lot
- Architectural Style:2-Two Story
- Construction Materials:Aluminum Siding
- Exterior Features:Patio
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$549,000
- Tax amount:$8,749 (2025)
Features and amenities
- Amenities:Gas-Natural
Parking
- Parking description:On-Street Parking
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