63 Pearl St

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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,...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
  1. Listed by Hassan Gebril • Howard Hanna Rand Realty • 973-975-2453

Property Details for 63 Pearl Street

Style
2 Family
LISTING UPDATED: 05/03/2026 01:10 PM

Property Details for 63 Pearl Street

StatusActive - Active
MLS #26015247
Days on Market22
Taxes$8,749 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built-
Lot Size-
CountyPassaic County

Location

Listing Courtesy of Howard Hanna Rand Realty, Hassan Gebril
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Payment Calculator

$3,465 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,736

Property Taxes

$729

HOA Dues

$0

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Property Information for 63 Pearl Street

Summary
Location and General Information
  • Area name: Paterson
  • Flood plain: None
  • Street Name: Pearl
  • County Name: PASSAIC
  • Status: Active
  • Street Number Numeric: 63
  • Zip Code: 07501
Taxes and HOA Information
  • Other Charges: True
  • Tax: $8,749
Property
Lot Information
  • Year Built: 1960's, Build Prior to 1978
  • Average Acres: 0.06
Property and Assessments
  • Photo Number: 16
  • CourtAppYN: No
Utilities
  • Sewer: Public Sewer
Interior and Exterior Features
Interior Features
  • Bedrooms: 7
  • Baths full: 3
  • Baths partial: 0
  • Basement Description: Full Finished
  • Number of rooms: 12
  • Full Baths Total: 3
  • Num of Baths: 3.0
Exterior Features
  • Exterior: Aluminum Siding
Agent
Sale and Listing Information
  • Management Phone: 973-975-2453
  • Search Class: 2to4, 2-4 Family
  • List Price: $549,000.00
  • Listing Date: 04-29-2026
  • Expired Date: 07-28-2026
  • Status Date: 04-28-2026
Showing Information
  • Internet Remarks: 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

Property History for 63 Pearl Street

DateEvent & SourcePriceAppreciation
Apr 29, 2026

Listed (Active)

GSMLS #4024143

$549,000
Apr 28, 2026

Listed (Active)

NJMLS #26015247

$549,000
Jan 1, 2026

Temporarily Off Market

NJMLS #25021148

DateEvent & SourcePrice
04/29/2026

Listed (Active)

GSMLS #4024143

$549,000
04/28/2026

Listed (Active)

NJMLS #26015247

$549,000
01/01/2026

Temporarily Off Market

NJMLS #25021148

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 63 Pearl Street

Taxable ValueLand$21,900Additions$142,100Total$164,000
Tax Record2024$8,356 ($696 / month)
Home Facts
Beds0Total Finished SqFt1,680 SqFtAbove Grade Finished SqFt1,680 SqFtStories2Lot Size2,500 SqFtStyleSingle Family ResidenceCountyPASSAICAPN08 04315-0000-00022

Schools near 63 Pearl Street

This home is within Paterson Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - PK to 3
Public - PK to 5
Public - PK to 5
Rating
School
Distance
Dale Avenue Elementary School
PublicPK to 2

Edward W. Kilpatrick Elementary School
PublicPK to 3

School 15
PublicPK to 5

School 27
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Similar Homes

63 Pearl Street is a multi-family home for sale in Paterson, NJ 07501. This property was listed for sale on April 29, 2026 by Howard Hanna Rand Realty, it's currently listed at $549,000. It has been on the market for a total of 22 days and was last sold on January 16, 2023. This listing's school district is Paterson Public School District. Nearby schools include Dale Avenue Elementary School, Edward W. Kilpatrick Elementary School and School 15. 63 Pearl Street is a 7-bed, 3-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Howard Hanna Rand Realty, Hassan Gebril

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