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About This Home

This 9-bedroom, 6-bathroom residential multi family at 59 Mercer St in Paterson City, NJ is listed for $825,000. Built in 2024, on a 0.05 acres lot.

Agent 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 Features

  • Built in 2024
  • 0.05 acre lot

Property Details

6 full
2024

Amenities

Basement

Monthly Cost Estimate

$4,412/mo

20% down · 6.5% · 30 years

Principal$597
Interest$3,575
Insurance$241

Estimates only. Actual payments may vary.

Location

59 Mercer St

Paterson City, NJ 07524-2466

Property Details

Construction

Aluminum SidingStucco

Heating

Forced Air

Cooling

Central AirMulti Units

Questions & Answers

This 9-bedroom, 6-bathroom residential multi family at 59 Mercer St is listed at $825,000. The estimated monthly payment is $3,575 based on 20% down at 6.5% interest.

Key features include: Built in 2024, 0.05 acre lot.

This property is listed by ARTUR TYSZKA and can be reached at 9736960077 or atyszka21@gmail.com.

AT

ARTUR TYSZKA

Agent at KELLER WILLIAMS PROSPERITY REALTY

(973) 696-0077

Listed by KELLER WILLIAMS PROSPERITY REALTY · View on Broker Site

MLS# 4029825· Source: listhub· Updated 7 days ago

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

59 Mercer St, Paterson City, NJ 07524-2466

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