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Renovated Three-Unit Triplex
For Sale
$499,000

165 Pearl St, Paterson, NJ 07501

Separate utilities and a private backyard support flexible occupancy across the three residences.

Property SizeContact for details
Days on Market61

Property Features for 165 Pearl St

General Information

Standard status Active
Property subtype Multi Family Home
Net Operating Income $999

Units

Unit Mix 2 x 2B/1B, 1 x 1B/1B
Multifamily Units 3

Additional Details

Public Transit Yes

Building Details

Year Built 1898
Units 3
Listing Agency: Exp Realty, LLC
Listed By: Mordy Abelesz · License #17525
Source: Cammarotarealestate
Added: Aug 25 Changed: Oct 22 Last Checked: Oct 22 at 2:17PM

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 Exp Realty, LLC

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Investment Insights

Based on property information with market context.

This detached triplex contains three residences: two with two bedrooms and one bathroom, and a third with one bedroom and one bathroom. Each of the two-bedroom units also has a living room and kitchen. The first-floor residence has been renovated and is vacant. The property dates to 1898.

Separate utilities serve the units, and the property includes a private backyard. The address is near Downtown Paterson, Center City Mall, shopping, restaurants, schools, and NJ Transit bus routes.

Key Highlights

  • Three detached residences: two 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit
  • First‑floor unit renovated and vacant
  • Separate utilities

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,198
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Separate utilities and a private backyard support flexible occupancy across the three residences.
Where is this triplex located?
The property is located at 165 Pearl St Paterson, NJ.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Three detached residences: two 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit; First‑floor unit renovated and vacant; Separate utilities
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