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Three-Family Triplex with Central Air
For Sale
$795,000
Pending

59 Mercer St, Paterson, NJ 07524

Multi-Family, 3-Three Story, Under/Over, Paterson City, NJ

Property SizeContact for details
Lot Size0.05 Acres
Days on Market91

Property Features for 59 Mercer St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 9
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 3, Bedroom 6, Bathroom 5, Bathroom 1, Bedroom 8, Bedroom 7, Bedroom 9, Bedroom 1, Bathroom 2, Bathroom 6, Bedroom 5, Bedroom 2, Bedroom 4, Basement, Bathroom 4, Bathroom 3
Directions Lafayette St to Mercer St
Standard status Pending
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

Amenities

central air conditioning
in-unit laundry

Building Details

Year built 2024
Floors in Building 3
Number of units 3
Roof type Shingle
Architectural style Other
Listing Agency: KELLER WILLIAMS PROSPERITY REALTY · Keller Williams Realty
Listed By: ARTUR TYSZKA · License #298814
Added: May 25 Changed: Aug 19 Last Checked: Aug 23 at 2:06PM
MLS# 4029825

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.

Investment Insights

Based on property information with market context.

Rebuilt in 2024, this three-family triplex offers three separate residences designed for modern renter comfort. Each unit features a three-bedroom, two-full-bath layout and includes dedicated in-unit laundry. The property is equipped with forced-air heating and central air conditioning, with a shingle roof and public water and public sewer service.

Located in Paterson City in Passaic County, the home sits on a 0.05-acre lot. With its central systems and fully rebuilt configuration, it is positioned for low-maintenance day-to-day operation while providing multiple rental units within a single property.

The building’s unit-by-unit layout and included in-unit laundry can support tenant convenience and reduce common shared-area dependencies often associated with multi-family living.

Key Highlights

  • Rebuilt in 2024 three‑family triplex
  • Each unit features three bedrooms and two full baths
  • Central air conditioning and forced‑air heating

Property Analytics

Current Use

Triplexes

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.

Lease Details

3
Residential units
Yes
Highway access

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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Rebuilt three-family triplex with central air conditioning, forced-air heating, and in-unit laundry for each residence.
Where is this triplex located?
The property is located at 59 Mercer St Paterson, NJ.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Rebuilt in 2024 three‑family triplex; Each unit features three bedrooms and two full baths; Central air conditioning and forced‑air heating
More about this property
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