AgentLogo

3 Family

59 Mercer Street

Paterson, NJ 07524

MLS#: 26019298

$825,000

Status: Active
Listing number: 26019298
Listing provided by: Keller Williams Prosperity Realty
Listing agent phone: None
Last update: 3 days ago
On site: 10 days ago
Browse Properties
Main image without alt text

Property

Beds

9

Full Baths

6

1/2 Baths

None

Year Built

None

Sq.Footage

0

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.

Features & Amenities

Interior

  • Total Bedrooms

    9

  • Bathrooms

    6

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    1

  • Pool

    No

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    3 Family

Price

  • Sales Price

    $825,000

  • Tax Amount

    $8,407

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

PASSAIC

Elementary School

Middle School

High School

Listing Courtesy of Artur Tyszka , Keller Williams Prosperity Realty

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Patrick Bolger

FOUNDER

Patrick Bolger

Call Patrick today to schedule a private showing.

(973) 945-9979

patrickbolger@kw.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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 Street

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by KW Metropolitan via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

New on site 2 days ago
None
#26020539

Paterson

230 17th Avenue

4 Beds

3 Baths

N/A

$679,000

MLS#: 26020539

New on site 4 days ago
Welcome to this extraordinary 2-family home that lives like a 4-family, ideal for investors or extended-family living. Thoughtfully designed with 4 distinct living areas, this property offers outstanding flexibility, space & income potential. The 1st-floor unit features 3 generously sized bedrooms plus a bonus room with a closet, perfect for a den, office, or guest space. A massive, updated kitchen with granite countertops & stainless-steel appliances & a full bathroom complete the unit. The 2nd-floor unit offers 3 well-proportioned bedrooms, a full bathroom & a kitchen, along with an optional extended-family suite featuring a private entrance, kitchenette, living room, & full bathroom—ideal for multigenerational living or additional rental income. The finished basement, with a separate entrance, adds even more versatility & includes a kitchen, living room, bedroom, full bathroom, & a separate laundry room. Additional highlights include separate meters for units, an 8-car driveway, & a vast backyard with a deck, perfect for entertaining or relaxing. The home also boasts a beautiful exterior & newer roof, offering strong curb appeal & peace of mind. The property is currently rented, with the option to be delivered vacant or with tenants. Perfect location, near Garrett Mountain - close to schools, shopping, restaurants, houses of worship & public transportation. A rare opportunity combining space, income potential, and location— truly a must-see property.
#26016326

Paterson

140 Nagle Street

7 Beds

4 Baths

N/A

$735,000

MLS#: 26016326

New on site 1 day ago
Excellent opportunity for owner-occupants or investors seeking to build equity. This spacious three-family property offers approximately 3,500+ square feet of living space and features Separate Utilities, Two 3-Bedroom units, One 1-bedroom unit, a Large Unfinished basement, and 1 Car detached garage. Improvements include Three New Gas Boilers, Three New Hot Water Heaters, Two Newer kitchens, and Mostly All Newer Windows. One unit is currently occupied while two units are vacant, providing flexibility for immediate occupancy, owner occupancy, or rental income potential. While the property may require some TLC and updating, it presents an excellent opportunity for cash buyers, contractors, investors, or purchasers utilizing renovation financing such as FHA 203(k), HomeStyle, or similar rehabilitation loan programs.Property is being sold strictly AS-IS. Seller will make no repairs nor provide any credits. Property includes a Shared Driveway providing access to the rear garage area. Buyers are encouraged to conduct their own due diligence regarding property condition, easements, permits, zoning, and municipal requirements.
#26019884

Paterson

955-957 Madison Avenue

7 Beds

3 Baths

N/A

$689,000

MLS#: 26019884

Move right into this legal 3-family investment opportunity with low taxes and strong income potential. Whether you're an owner-occupant looking to offset your mortgage with rental income or an investor seeking a solid addition to your portfolio, this property checks the boxes. Renovated within the last 3 years, this turnkey property offers spacious layouts in each unit featuring a living room, kitchen, and 3 bedrooms. Separate utilities provide convenience and efficiency for both owners and tenants. A rare opportunity combining space, updates, and investment value. Property in a flood zone.
#26019282

Paterson

121 Main Street

9 Beds

3 Baths

N/A

$715,000

MLS#: 26019282

Pristine and well-maintained legal 2-family residence featuring a private driveway and detached garage. The first-floor apartment consists of 2 bedrooms and 1 full bath. The second-floor apartment offers 2 bedrooms, 1 full bath, and access to a finished attic space, ideal for storage. The property also features a beautifully maintained finished basement with a full bathroom, perfect for recreational use or a home workshop. Modern, clean kitchens feature functional breakfast islands and reliable appliances. Conveniently located near transportation and shopping. Attic and basement spaces are finished for storage/recreation only.
#26019248

Paterson

70 Genessee Avenue

5 Beds

2 Baths

N/A

$789,000

MLS#: 26019248

Welcome home to this updated extremely spacious 2 family property with a walk up 3rd floor bonus unit. The first floor unit includes 2 bedrooms a living rm, dining rm, a eat in kitchen and a full bath. The 2nd floor unit also has two bedrooms, a beautiful eat in kitchen w/ island, living rm, dining rm and full bath. There is a walk up 3rd floor with another potential two bedrooms and living rm, kitchnette area and full bathroom. Additionally there is a full basement with laundry facilties and conventient on-street parking. Finally this property is also located minutes from major highways and within walking distance of local schools, shops and houses of worship. The home is perfect for a large family or an investor looking for a great property to add to their portfolio!
#26018648

Paterson

9 Courtland Street

6 Beds

3 Baths

N/A

$799,900

MLS#: 26018648

None
#26018591

Paterson

217 Lily Street

6 Beds

3 Baths

N/A

$695,000

MLS#: 26018591

GREAT investment opportunity or excellent for a first-time home buyer! This property features a finished attic connected to the 2nd floor, adding two additional bedrooms, with a second floor and offering a kitchen, living room, 3 bedrooms, and a full bathroom. The first floor includes 3 bedrooms, an eat-in kitchen, a living room, and 1 bathroom, currently vacant. The high-ceilinged basement offers ample potential for future expansion or storage. Fully renovated in 2025. This home includes ductless heating and cooling units in every room, a new electrical box, water heaters, and a new sidewalk. Conveniently located near major highways and public transportation, offering easy access to everything. Don't miss this opportunity!
#26018427

Paterson

101 Lafayette

8 Beds

2 Baths

N/A

$675,000

MLS#: 26018427

Turnkey 2-family on the Hawthorne border — fully renovated and ready to generate income from day one! Low property taxes give this asset an immediate edge on cash flow compared to surrounding markets. Both units are completely updated inside and out — new kitchens, new appliances, fresh interiors, and a refreshed exterior — zero cap-ex needed. Central A/C and hot forced air heat throughout, a premium amenity that commands top-of-market rents. Basement features two separate laundry hook-up sets with finishing potential to add further value. Strong rental demand and a desirable border location make this a cash-flow-ready performer. Add it to your portfolio with confidence.
#26018428

Paterson

77 Madison Avenue

6 Beds

2 Baths

N/A

$699,000

MLS#: 26018428

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by KW Metropolitan via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by KW Metropolitan via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service