59 Mercer St

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Address: 59 Mercer St, Paterson, NJ 07524, USA
New York & Tri-State + 2-4 Units
Created date: May 30, 2026
Date last updated: September 18, 2026
Price: $795,000Investment Analyzer NEW!

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.

Key Property Information

Listing Status: Pending Sale
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $795,000
No. of Units: 3
Year Built: 2024
Opportunity Zone: No
Price per unit: $265,000
Property Website Click Here
Number of Bedrooms: 9
Number of Bathrooms: 6
Address: 59 Mercer St, Paterson City, NJ 07524-2466, USA
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