59 Mercer St, Paterson City, NJ 07524
59 Mercer St, Paterson City, NJ 07524
59 Mercer St, Paterson City, NJ 07524
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Sharon Burroughs-Clarke

Sharon Burroughs-Clarke

+1(917) 940-2118
$825,000
Est. payment /mo
9 Beds
6 Baths
29,997 SqFt
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Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 29,997 sqft

Price per Sqft $27

MLS Listing ID 4016225

Style 3-Three Story, Under/Over

Bedrooms 9

Full Baths 6

Year Built 2024

Annual Tax Amount $8,407

Tax Year 2025

Lot Size 2,178 Sqft

Property 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.

Location

State NJ

County Passaic

Interior

Heating Gas-Natural

Cooling 3 Units, Central Air

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding, Stucco

Parking Features Detached Garage

Garage Spaces 1.0

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story, Under/Over

Others

Senior Community No

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Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by KELLER WILLIAMS PROSPERITY REALTY

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Sharon Burroughs-Clarke

Sharon Burroughs-Clarke

+1(917) 940-2118

Broker Associate | License ID: 1752455

Broker Associate License ID: 1752455

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