Three-Unit Residential
71 Mercer Street, Paterson, NJ 07524
For Sale
$599,900
All three residences are occupied, with separate electric and gas service for each unit.
Property SizeContact for details
Days on Market29
Property Features for 71 Mercer Street
General Information
Standard status
Property subtype
Occupancy
Units
Multifamily Units
Individually Metered Utilities
Additional Details
Utilities to Site
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Units
Listing Agency:
Prestige Property Group - Montclair
(973) 860-7595
Listed By:
Jorge Ventura
(201) 682-0242
Source:
Krumpfer-realestate
Added: Oct 12
Changed: Nov 8
Last Checked: Nov 8 at 7:32PM
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 Prestige Property Group - Montclair
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Investment Insights
Based on property information with market context.
This three-unit residential property has a consistent layout on each floor: three bedrooms and one bathroom. Each residence has its own electric and gas utilities, and all three are currently occupied. The basement is used for storage and offers additional unfinished space.
The property is at 71 Mercer Street in Paterson, near stores, houses of worship, parks, and restaurants.
The property is at 71 Mercer Street in Paterson, near stores, houses of worship, parks, and restaurants.
Key Highlights
- Three units, each with 3 bedrooms and 1 bathroom
- All three residences are occupied
- Separate electric and gas utilities for each unit
Property Analytics
Who owns this building?
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Lease Details
3
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,099
Businesses Nearby
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Business Placement
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
$360,200
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Paterson, NJ
Properties on Market for Triplexes in Paterson
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - All three residences are occupied, with separate electric and gas service for each unit.
Where is this triplex located?
The property is located at 71 Mercer Street Paterson, NJ.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Three units, each with 3 bedrooms and 1 bathroom; All three residences are occupied; Separate electric and gas utilities for each unit
