59 Mercer St, Paterson, NJ 07524

Paterson
Local realty services provided by:ERA Queen City Realty
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....

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Home facts

  • Year built:2024
  • Listing ID #:4016225
  • Added:136 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
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated May 16, 2026

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