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Two-Unit Duplex with Finished Basement
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For Sale
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14-16 Pearl Street, Paterson, NJ 07501

Both apartments have two bedrooms and one full bathroom, with separate units on the first and second floors.

Property SizeContact for details
Days on Market5

Property Features for 14-16 Pearl Street

General Information

Standard status Active
Property subtype Multi Family 2-4 Units

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Gross Income $60,000
Public Transit Yes
Listing Agency: Alexander Anderson Real Estate Group
Listed By: Alexandros Mouzakitis
Source: Capmarkrealty
Added: Oct 9 Changed: Oct 13 Last Checked: Oct 12 at 4:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alexander Anderson Real Estate Group

Investment Insights

Based on property information with market context.

This duplex contains two apartments, one on each of the first two floors. Each residence has two bedrooms and one full bathroom, and a finished basement adds usable interior space.

The property is in a downtown setting near the train station. Both units are occupied under month-to-month leases, offering flexibility in lease arrangements.

Key Highlights

  • Two apartments, each with 2 bedrooms and 1 full bathroom
  • Finished basement adds usable interior space
  • Separate units on the first and second floors

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Nursing Home Veterinary Clinic (Bike/Boat/Book/etc) Store Tanning Salon Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,560
Businesses Nearby

Demographics for 07501, NJ

37,918
Population
13,119
Households
2.9
Avg Household Size
33
Median Age
9%
College-Educated
71%
High-School Grad
1.8 sq mi
ZIP Area
21,066
Density / Sq Mi
$40,699
Median Household Income
$32,103
Median Earnings
$1,442
Median Rent
$304,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Both apartments have two bedrooms and one full bathroom, with separate units on the first and second floors.
Where is this duplex located?
The property is located at 14-16 Pearl Street Paterson, NJ.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 full bathroom; Finished basement adds usable interior space; Separate units on the first and second floors
More about this property
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