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Harshad Phadke
REALTOR®
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59 Mercer St, Paterson, NJ 07524

$825,000
  • 59 Mercer St, Paterson, NJ 07524 Main Photo

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Active
BEDS9 BATHS6 full MLS#4016225
STATUS PROPERTY TYPEMulti Unit - Multiple

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.

59 Mercer St | MLS# 4016225

This multi-family property located at 59 Mercer St, Paterson, NJ 07524 is currently listed for sale with an asking price of $825,000. Search Paterson real estate on harshadphadke.realtymark.net today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: 3 Units, Central Air
Fuel Type: Gas-Natural
Garage: 1
Heating: 3 Units, Forced Hot Air
Lot Size: 0.05 Acres
Roof Type: Asphalt Shingle
Taxes: $8,407

Feature Descriptions

Days on Site: 16
Driveway: On-Street Parking
Exterior: Aluminum Siding, Stucco
Lot Dimensions: 0.05 acre(s)
Parking Notes: Detached Garage
Sewer: Public Sewer
Utilities: Gas-Natural
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: KELLER WILLIAMS PROSPERITY REALTY
Agency Contact: 973-696-0077

Shown By

Agent Name: Harshad Phadke
Agent Phone: (347) 393-1729
Agency Title: RealtyMark

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Estimate Your Payment

Estimated Payment

$ 2,777.30 per month $1,836.09 Principal & Interest $700.58 Property Tax $240.63 Homeowner's Insurance

Change Payment Information

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(Payments are an estimate and may vary by lender)
All commissions are negotiable Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is 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. Information on this site was last updated 04/09/2026. The listing information on this page last changed on 04/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/09/2026 12:05:11 AM EST) or Stellar MLS (last updated Wed 04/08/2026 11:59:18 PM EST) or GSMLS (last updated Wed 04/08/2026 11:54:09 PM EST) or Emerald Coast MLS (last updated Wed 04/08/2026 11:55:28 PM EST) or Central Panhandle Association of Realtors (last updated Wed 04/08/2026 11:57:22 PM EST) or Beaches MLS (last updated Wed 04/08/2026 11:59:07 PM EST) or Naples MLS (last updated Wed 04/08/2026 11:41:06 PM EST) or Bright MLS (last updated Wed 04/08/2026 11:58:06 PM EST) or OneKey MLS (last updated Thu 04/09/2026 12:00:15 AM EST). Real estate listings held by brokerage firms other than RealtyMark may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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