Sold for $575,000

$575,000

26 Pearl Street, Paterson, NJ 07501

7beds

2,225sqft

Multi Family

Built in ----

-- sqft lot

$626,700 Zestimate^®

$258/sqft

$2,102 Estimated rent

Home value

$626,700

$545,000 - $721,000

$2,102/mo

Zestimate^® history

Owner options

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$2,102/mo

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$2,102/mo

Rent Zestimate^®

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$4,167/mo

Est. payment

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$4,167/mo

Est. payment

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What's special

Incredible Investment Opportunity! Welcome to 26 Pearl Street — a spacious and updated 3-family home in the heart of Paterson! This turnkey property features three well-maintained units, each offering generous living space, separate utilities, and great natural light. Unit 1: 2 bedrooms, 1 bathroom - currently rented for $1,700/month Unit 2: 3 bedrooms, 1 bathroom - currently vacant Unit 3: 2 bedrooms, 1 bathroom - currently rented for $1,575/month Whether you're an investor seeking strong rental income or an owner-occupant looking to live in one unit while collecting rent from the others, this property is a rare find. Located near schools, public transportation, and major highways, it's ideal for commuting and convenience. Don't miss out on this high-potential, cash-flowing asset!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 3
Full bathrooms: 3

Heating

Other

Cooling

Other

Features

Basement: Partially Finished,Other

Interior area

Total structure area: 2,225
Total interior livable area: 2,225 sqft

Property

Details

Parcel number: 0804317000000009

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

New construction: No

Utilities & green energy

Sewer: Public Sewer

Community & neighborhood

Location

Region: Paterson
Subdivision: Dakota Park

Price history

Date	Event	Price
8/21/2025	Sold	$575,000+21.1%$258/sqft
Source: MoreMLS #22518819 Report a problem
7/7/2025	Pending sale	$475,000$213/sqft
Source: MoreMLS #22518819 Report a problem
6/26/2025	Listed for sale	$475,000+90%$213/sqft
Source: MoreMLS #22518819 Report a problem
6/1/2025	Listing removed	$1,800$1/sqft
Source: Zillow Rentals Report a problem
5/23/2025	Price change	$1,800-5.3%$1/sqft
Source: Zillow Rentals Report a problem
5/9/2025	Price change	$1,900-5%$1/sqft
Source: Zillow Rentals Report a problem
4/24/2025	Listed for rent	$2,000+5.3%$1/sqft
Source: Zillow Rentals Report a problem
11/6/2024	Listing removed	$1,900$1/sqft
Source: Zillow Rentals Report a problem
10/29/2024	Listed for rent	$1,900$1/sqft
Source: Zillow Rentals Report a problem
11/19/2021	Sold	$250,000-2%$112/sqft
Source: Public Record Report a problem
7/14/2006	Sold	$255,000$115/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,716 +3.9%	$190,700
2024	$9,350 +1.8%	$190,700
2023	$9,186 +7.6%	$190,700
2022	$8,536	$190,700
2021	$8,536 +10.8%	$190,700
2020	$7,702 +7.6%	$190,700 +2.4%
2019	$7,160 +4.9%	$186,300 +12.6%
2018	$6,827 -9.3%	$165,500 +0.9%
2017	$7,528 +5.6%	$164,100 -5.4%
2016	$7,127 -17.7%	$173,500
2015	$8,665 +5.7%	$173,500 -41.9%
2014	$8,199 +9.1%	$298,800
2013	$7,515	$298,800
2012	$7,515 +18.3%	$298,800
2011	$6,352 +10.1%	$298,800
2010	$5,770	$298,800
2009	--	$298,800
2008	--	$298,800
2007	--	$298,800 +2829.4%
2006	--	$10,200
2005	--	$10,200
2004	--	$10,200
2003	--	$10,200
2002	--	$10,200
2001	--	$10,200