NJ
Passaic
Paterson City
07524
59 Mercer St
59 Mercer St, Paterson City, NJ 07524
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Listing Type
Multi Family
Listing Status
Active
15
$825,000

Home Details for 59 Mercer St

Price
$825,000
Type
Residential Income
Bedrooms
9
Total Bathrooms
6
Full Bathrooms
6
Square feet
29997
Year built
2024
Lot size acres
0.05
County
Passaic
Total rooms
21
Garage
1
Basement
Crawl Space
Days on site
5
MLS Listing#
4029825
Property Description

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.

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • Central Air
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
  • Parking
    • Detached
  • Basement
    • Crawl Space
Listing Courtesy: KELLER WILLIAMS PROSPERITY REALTY - 973-696-0077
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Garden State MLS.
EXIT SOLGAR REALTY
200 Diamond Bridge Ave, Hawthorne, NJ 07506
Office
973 282 8642
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