59 Mercer St, Paterson, NJ 07524
Local realty services provided by:Better Homes and Gardens Real Estate PorchLight Properties
59 Mercer St,Paterson City, NJ 07524
$825,000
- 9 Beds
- 6 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: mary mcdonald
Office: keller williams prosperity realty973-696-0077
MLS#:4016225
Source:NJ_GSMLS
Price summary
- Price:$825,000
About this home
Experience the pinnacle of modern investment with this rare, totally rebuilt 2024 three-family masterpiece. Each of the three expansive units has been meticulously designed for the sophisticated renter, featuring soaring high ceilings, a generous three-bedroom, two-full-bath layout, and the essential comfort of central air conditioning throughout. Every residence is a study in contemporary luxury, boasting premium finishes and the ultimate convenience of dedicated in-unit laundry, ensuring these apartments command top-tier market rents. For the savvy investor, this property offers an exceptional turnkey opportunity with excellent existing rental income and significant upside potential. The financial appeal is further enhanced by extremely low taxes, creating an incredible high-margin investment with minimal overhead. Its location is a commuter's dream, situated moments away from major NYC transportation hubs and primary highways, ensuring a consistent and high-quality tenant pool. Whether you are looking to occupy one unit and have your mortgage paid or add a pristine, low-maintenance asset to your portfolio, this 2024 build represents an unrivaled opportunity in today's competitive market....
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Home facts
- Year built:2024
- Listing ID #:4016225
- Added:141 day(s) ago
- Updated:May 16, 2026 at 08:43 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:6
- Full bathrooms:6
- Rooms Total:21
Heating and cooling
- Cooling:3 Units, Central Air
- Heating:3 Units, Forced Hot Air
Structure and exterior
- Roof:Asphalt Shingle
- Year built:2024
- Lot area:0.05 Acres
- Architectural Style:3-Three Story, Under/Over
- Construction Materials:Aluminum Siding, Stucco
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$825,000
- Tax amount:$8,407 (2025)
Features and amenities
- Amenities:Gas-Natural
Parking
- Parking description:Detached Garage, On-Street Parking
- Garage spaces:1
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