$825,000

59 Mercer Street, Paterson, NJ 07524

  • 9 beds |
  • 6 baths
  • Property Icon Triplex
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 day ago

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.

Listing Status:
Active
Date Added:
March 23, 2026
Data Last Updated:
March 24, 2026 at 1:58PM
Listing Office:
Keller Williams Prosperity Realty : 973-696-0077
Listing Agent:
Artur Tyszka : 973-513-2618
MLS ID:
26009669
  • Rooms: 21
  • Laundry: In Unit
  • County: PASSAIC
  • Utilities: O/See RmksSep ElecSep GasSep Heat

This listing courtesy of Artur Tyszka , Keller Williams Prosperity Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

School 10

48 Mercer St, Paterson, NJ, 07524

Grades KG-8

0.04 miles away

S

School 10

48 Mercer St, Paterson, NJ, 07524

Grades KG-8

0.04 miles away

S

School of Earth and Space Science

201 Memorial Dr, Paterson, NJ, 07505

Grades 9-12

0.81 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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