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Land With Plans for 18 Units
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38 Pearl St, Paterson, NJ 07501

Entitled land development site for an 18-unit building with approved plans and a tax pilot.

Property SizeContact for details
Days on Market121

Property Features for 38 Pearl St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 18
Listing Agency: KW Park Views Realty
Listed By: BILLY PENA · License #NJ 0338712
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 5:34PM

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 KW Park Views Realty

Investment Insights

Based on property information with market context.

This offering is commercial land presented for development of an 18-unit building. The site is 123 by 72, and the package includes approved plans and a tax pilot.

The property is located at 38 Pearl St in Paterson, NJ, near a bus and train station, which may support convenient access for future residents.

For developers and investors looking for an 18-unit project with documentation in place, this parcel provides the stated dimensions and development materials required to move forward from the approval stage.

Key Highlights

  • Entitled commercial land development site for an 18‑unit building
  • Land measures 123 x 72 with approved plans
  • Approved plans and a tax pilot are included

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Nursing Home (Bike/Boat/Book/etc) Store Veterinary Clinic 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

18
Residential units

Location Intelligence

Trade Area within ½ mile

3,246
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Entitled land development site for an 18-unit building with approved plans and a tax pilot.
Where is this residential land & home lot located?
The property is located at 38 Pearl St Paterson, NJ.
What are key features of this property?
This property features: Entitled commercial land development site for an 18‑unit building; Land measures 123 x 72 with approved plans; Approved plans and a tax pilot are included
(201) 232-4339 Call to check price and availability
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