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3-Three Story, Under/Over

59 Mercer St

Paterson City, NJ 07524

MLS#: 4029825

$825,000

Status: Active
Listing number: 4029825
Listing provided by: KELLER WILLIAMS PROSPERITY REALTY
Listing agent phone: None
Last update: 13 days ago
On site: 21 days ago
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Property

Beds

9

Full Baths

6

1/2 Baths

None

Year Built

2024

Sq.Footage

29,997

Experience the pinnacle of modern investment with this rare, totally rebuilt 2024 three-family masterpiece. Each of the three expansive units has been meticulously designed for the sophisticated renter, featuring soaring high ceilings, a generous three-bedroom, two-full-bath layout, and the essential comfort of central air conditioning throughout. Every residence is a study in contemporary luxury, boasting premium finishes and the ultimate convenience of dedicated in-unit laundry, ensuring these apartments command top-tier market rents. For the savvy investor, this property offers an exceptional turnkey opportunity with excellent existing rental income and significant upside potential. The financial appeal is further enhanced by extremely low taxes, creating an incredible high-margin investment with minimal overhead. Its location is a commuter's dream, situated moments away from major NYC transportation hubs and primary highways, ensuring a consistent and high-quality tenant pool. Whether you are looking to occupy one unit and have your mortgage paid or add a pristine, low-maintenance asset to your portfolio, this 2024 build represents an unrivaled opportunity in today's competitive market.

Features & Amenities

Interior

  • Total Bedrooms

    9

  • Bathrooms

    6

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Forced Air, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    1

  • Construction Materials

    Aluminum Siding, Stucco

  • Parking

    Detached

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.05

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    3-Three Story, Under/Over

Price

  • Sales Price

    $825,000

  • Tax Amount

    $8,407

  • Sq. Footage

    29, 997

  • Price/SqFt

    $27

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Sewer

    Public Sewer

  • Tax Lot

    *

  • Water Source

    Public

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Location

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Passaic

Elementary School

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Listing Courtesy of None , KELLER WILLIAMS PROSPERITY REALTY

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(973) 945-9979

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Experience the pinnacle of modern investment with this rare, totally rebuilt 2024 three-family masterpiece. Each of the three expansive units has been meticulously designed for the sophisticated renter, featuring soaring high ceilings, a generous three-bedroom, two-full-bath layout, and the essential comfort of central air conditioning throughout. Every residence is a study in contemporary luxury, boasting premium finishes and the ultimate convenience of dedicated in-unit laundry, ensuring these apartments command top-tier market rents. For the savvy investor, this property offers an exceptional turnkey opportunity with excellent existing rental income and significant upside potential. The financial appeal is further enhanced by extremely low taxes, creating an incredible high-margin investment with minimal overhead. Its location is a commuter's dream, situated moments away from major NYC transportation hubs and primary highways, ensuring a consistent and high-quality tenant pool. Whether you are looking to occupy one unit and have your mortgage paid or add a pristine, low-maintenance asset to your portfolio, this 2024 build represents an unrivaled opportunity in today's competitive market.

59 Mercer St

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