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Reconstructed Triplex with Central A/C
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83 Mercer Street, Paterson, NJ 07524

Three separate units offer a flexible multi-family configuration with independent climate control.

Property SizeContact for details
Days on Market20

Property Features for 83 Mercer Street

General Information

Standard status Active
Property subtype Multi Family 2-4 Units

Units

Unit Mix 1 x 3BR/1BA, 2 x 2BR/1BA
Multifamily Units 3

Amenities

central A/C

Building Details

Year Renovated 2018
Buildings 1
Listing Agency: Realty One Group Sunrise
Listed By: Richard Holguin · License #407947
Source: Capmarkrealty
Added: Aug 12 Changed: Aug 29 Last Checked: Aug 30 at 1:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty One Group Sunrise

Investment Insights

Based on property information with market context.

Reconstructed in 2018, this triplex contains three separate residential units with a combined seven-bedroom layout. The first-floor unit includes three bedrooms, while the second- and third-floor units each offer two bedrooms. Each unit has its own central A/C system, allowing for separate climate control across the building.

Located at 83 Mercer Street in Paterson, New Jersey, the property accommodates distinct living arrangements within a single multi-family asset. Its three-level configuration and unit separation may support owner occupancy, rental use, or a combination of both, as described for the property.

Key Highlights

  • Reconstructed in 2018
  • Three separate residential units
  • Seven bedrooms distributed across three units

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Pet Grooming Service (Bike/Boat/Book/etc) Store Nursing Home Tanning Salon Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,099
Businesses Nearby

Demographics for 07524, NJ

14,130
Population
4,670
Households
3
Avg Household Size
33
Median Age
13%
College-Educated
73%
High-School Grad
0.8 sq mi
ZIP Area
17,663
Density / Sq Mi
$50,033
Median Household Income
$31,934
Median Earnings
$1,386
Median Rent
$360,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three separate units offer a flexible multi-family configuration with independent climate control.
Where is this triplex located?
The property is located at 83 Mercer Street Paterson, NJ.
What are key features of this property?
This property features: Reconstructed in 2018; Three separate residential units; Seven bedrooms distributed across three units
More about this property
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