$795,000
 $4,268 est/mo Sourced by Back At You

59 Mercer Street,Paterson, NJ 07524

Paterson, NJ 07524

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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.

Details

MLS #26019298
Listing TypeFor Sale
Sub-TypeResale
StatusUnder Contract
Days On Site137
Listing Provided ByKeller Williams Prosperity Realty | Artur Tyszka

Features

Bed(s)9
Bath(s) 6 Total

Interior

Rooms21
LaundryIn Unit

Parking

Number Of Garage Spaces1

Utilities

UtilitiesO/See Rmks, Sep Elec, Sep Gas, Sep Heat

Taxes

Taxes8407

Area Information

StateNJ
CountyPASSAIC
CityPaterson
Zip Code07524
AreaPaterson
Listing VS Median (in 07524)
Price:
$795,000
low | high
Med:
$0
On site:
137
low | high
Med:
Sourced by Back At You

Market Activity 07524

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Learn More About This Property

StateNJ
CountyPASSAIC
CityPaterson
Zip Code07524
AreaPaterson
Listing VS Median (in 07524)
Price:
$795,000
low | high
Med:
$0
On site:
137
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $596K - $993K
sqft: 0 - 0
Listing Updated: October 5, 2026 at 4:42:49 PM PDT
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IP: 10.0.10.198
Server: lvd-web-0