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Renovated Duplex
For Sale
$699,999

69 Mercer St, Paterson, NJ 07524

Separate living areas include central heat and air conditioning.

Property SizeContact for details
Days on Market10

Property Features for 69 Mercer St

General Information

Standard status Active
Property subtype Multi-Family Listing

Taxes and HOA fees

Annual Taxes $8,834

Building Details

Year Built 1950
Listed By: Nicholas Real Estate
Source: Nicholasrealestate.idxbroker
Added: Sep 28 Changed: Sep 29 Last Checked: Oct 5 at 3:09PM

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 Nicholas Real Estate

Investment Insights

Based on property information with market context.

This two-family property has a three-bedroom first-floor layout with a living room, eat-in kitchen, and full bathroom. The second floor includes a living room, dining area, eat-in kitchen, two bedrooms, and two full bathrooms. The attic provides three additional bedrooms, a half bath, and a laundry room. Central heat and air conditioning serve the home, which was built in 1950 and is described as renovated.

At 69 Mercer St in Paterson, the property has a Walk Score of 85, a Transit Score of 52, and a Bike Score of 50.

Key Highlights

  • Two‑family property with separate first- and second‑floor living areas
  • First floor: three bedrooms, eat‑in kitchen, living room, and full bathroom
  • Second floor: two bedrooms, two full bathrooms, living room, dining area, and eat‑in kitchen

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Pet Grooming Service (Bike/Boat/Book/etc) Store Nursing Home Restaurant 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.

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Separate living areas include central heat and air conditioning.
Where is this duplex located?
The property is located at 69 Mercer St Paterson, NJ.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: Two‑family property with separate first- and second‑floor living areas; First floor: three bedrooms, eat‑in kitchen, living room, and full bathroom; Second floor: two bedrooms, two full bathrooms, living room, dining area, and eat‑in kitchen
More about this property
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