2-4 Family Home For Sale in Paterson, NJ
 

MLS# : 26009669

Street : 59 Mercer Street
Price : $825,000
Town : Paterson, NJ 07524
Annual Taxes : $8,407

PROPERTY DETAILS

# of Rooms : 21
Bedrooms : 9
Full Baths : 6
Half Baths : 0
Year Built :
Lot Size :
Style :
Heat/Cool :

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.

Amenities

This listing is a courtesy of Keller Williams Prosperity Realty
973-696-0077 office, listing agent Artur Tyszka

MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Licensed as Marek Zagorski
Broker
201-478-3185 (cell)

Madisom Adams Broker Marek Zagorski


Sales Associate
201-982-0358 (cell)

Madisom Adams Sales Associate Yuriy Zatuchny


Sales Associate
201-724-6913 (cell)

Madisom Adams Sales Associate Carmela Maggio


Real estate inventory
Paterson
Homes : $300,000 - 815,900 19
Condos : $179,000 - 385,000 9
Co-ops : -
Twnhs : $395,000 - 450,000 2
2-4 Fam : $410,000 - 1,100,000 61
5+ Fam : $815,000 - 7,250,000 6
Land : $370,000 - 3,050,000 4
Rentals : $1,250 - 5,000 79
Mixd Use : $525,000 - 7,250,000 16
Com S : -
Com L : -
Biz : $89,900 - 200,000 4


Similar Listings in Paterson

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 03/26/2026 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2026 New Jersey Multiple Listing Service, Inc. All rights reserved.”


General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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Madison AdamsTM

84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201 760-1100 (office)
201 760-1102 (fax)
office@madisonadams.com