63 Pearl St, Paterson City, NJ 07501
63 Pearl St, Paterson City, NJ 07501
63 Pearl St, Paterson City, NJ 07501
63 Pearl St, Paterson City, NJ 07501
63 Pearl St, Paterson City, NJ 07501
63 Pearl St, Paterson City, NJ 07501
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Thomas "Chopper" Russo

Thomas "Chopper" Russo

+1(201) 240-5200
$ 509,000
Est. payment | /mo

7 Beds

3 Baths

2,613 Sqft Lot

Save
$ 509,000
Est. payment | /mo
Save

7 Beds

3 Baths

2,613 Sqft Lot

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4024143

Style 2-Two Story

Bedrooms 7

Full Baths 3

Year Built 1960

Annual Tax Amount $8,749

Tax Year 2025

Lot Size 2,613 Sqft

Property Description

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.

Location

State NJ

County Passaic

Rooms

Basement Finished, Full

Interior

Heating Gas-Natural

Cooling None

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story

Others

Senior Community No

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by HOWARD HANNA RAND REALTY
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Thomas "Chopper" Russo

Thomas "Chopper" Russo

Broker Associate

+1(201) 240-5200

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63 Pearl St

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