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Listed price in listed location currency (USD).
$825,000

961

MLS® 4016225

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $8,407
Days Active 1
Lot Size 0.05 acres
Approx. Age 2024
MLS® Number 4016225

Property Address: 59 Mercer St, Paterson, NJ, 07524-2466

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number4016225
Laundry Level
Central VacNo
FireplaceNo
Acreage0.05
Exterior
GarageYes
Approx. Age2024
Basement
DrivewayOn-Street Parking
Garage Spaces1
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 23, 2026List Date
$825,000List Price
  • Commute

Commute

Starting Address
Destination Address
59 Mercer St, Paterson, NJ

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