59 Mercer St, Paterson, NJ 07524
- Added:
- May 25, 2026
- Days on Market:
- 43
- Last Refresh:
- Jul 6 at 5:06 am
Property Features for 59 Mercer St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 9
- Bathrooms
- 6
- Rooms
- Bedroom 1, Bathroom 4, Bedroom 2, Bedroom 4, Bedroom 5, Bathroom 5, Bedroom 7, Bathroom 2, Bedroom 9, Bathroom 1, Bedroom 3, Bathroom 3, Bedroom 8, Bedroom 6, Bathroom 6, Basement
- Standard status
- Active
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8407
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2024
- Floors in Building
- 3
- Number of units
- 3
- Roof type
- Shingle
- Architectural style
- Other
Listing agent ARTUR TYSZKA (973) 696-0077
Listing office KELLER WILLIAMS PROSPERITY REALTY 1700 RT. 23 N, Wayne, NJ (973) 696-0077
Listing date May 25, 2026
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Totally rebuilt in 2024, offering a modern, low‑maintenance investment property.
- Three spacious units, each with 3 bedrooms, 2 full baths, and in‑unit laundry, designed for high‑end renters.
- Excellent existing rental income with significant upside potential.
- Extremely low taxes, resulting in a high‑margin investment.
- Prime location near major NYC transportation and highways, attracting a consistent tenant pool.
- Each unit features central air conditioning for tenant comfort.
Overview
Located at 59 Mercer St in Paterson City, Passaic County, NJ (07524-2466), the building is presented as a commuter-friendly option with access to major New York City transportation and primary highway routes. The property sits on an approximately 0.05-acre lot.
For investors or owner-occupants seeking a low-maintenance, modernized income property, the 2024 rebuild and consistent unit amenities can support straightforward leasing and day-to-day operations. Each of the three units is configured with three bedrooms and two full baths, and the inclusion of central air and in-unit laundry provides immediate appeal for today’s renters. The seller also notes extremely low taxes, which may help keep operating overhead more manageable. The property is offered for sale at $795,000.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Paterson
- County
- Passaic
- State
- New Jersey
- Longitude
- -74.16047
- Latitude
- 40.92685
