59 Mercer St
Description
- Listed by Artur Tyszka • Keller Williams Prosperity Realty • 973-513-2618
Property Details for 59 Mercer Street
Property Details for 59 Mercer Street
| Status | Active - Active |
|---|---|
| MLS # | 26009669 |
| Days on Market | 9 |
| Taxes | $8,407 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | - |
| Lot Size | - |
| County | Passaic County |
Location
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$4,704 per month
30 year fixed, 6.11% Interest
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1Property Information for 59 Mercer Street
- Area name: Paterson
- Flood plain: None
- Street Name: Mercer
- County Name: PASSAIC
- Status: Active
- Street Number Numeric: 59
- Zip Code: 07524
- Other Charges: True
- Tax: $8,407
- Year Built: 1970's, 2020's, Build Prior to 1978
- Average Acres: 0.05
- Photo Number: 15
- CourtAppYN: No
- Sewer: Public Sewer
- Bedrooms: 9
- Baths full: 6
- Baths partial: 0
- Number of rooms: 21
- Full Baths Total: 6
- Num of Baths: 6.0
- Exterior: Aluminum Siding, Stucco
- Management Phone: 973-513-2618
- Search Class: 2to4, 2-4 Family
- List Price: $825,000.00
- Listing Date: 03-23-2026
- Expired Date: 12-31-2026
- Status Date: 03-22-2026
- Internet Remarks: 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 History for 59 Mercer Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Mar 23, 2026 | Listed (Active) GSMLS #4016225 | $825,000 | — |
| Mar 22, 2026 | Listed (Active) NJMLS #26009669 | $825,000 | — |
| Jul 24, 2024 | Sold GSMLS #3910100 | $675,000 | — |
| Jul 23, 2024 | Sold NJMLS #24020690 | $675,000 | — |
| Jul 17, 2024 | Under Contract GSMLS #3910100 | — | |
| Jun 26, 2024 | Listed (Active) GSMLS #3910100 | $699,000 | — |
| Jun 25, 2024 | Listed (Active) NJMLS #24020690 | $699,000 | — |
| Feb 14, 2024 | Temporarily Off Market GSMLS #3877303 | — | |
| Feb 14, 2024 | Under Contract GSMLS #3877303 | — | |
| Dec 21, 2023 | Temporarily Off Market NJMLS #23036845 | — | |
| Dec 21, 2023 | Under Contract NJMLS #23036845 | — | |
| Dec 6, 2023 | Listed (Active) NJMLS #23036845 | $665,000 | — |
| Dec 6, 2023 | Listed (Active) GSMLS #3877303 | $665,000 | — |
| Jun 16, 2014 | Sold GSMLS #3126236 | $95,000 | — |
| May 19, 2014 | Sold (Public Record) Public Record #418849353 | $95,000 | -11.5% / yr |
| Mar 20, 2014 | Listed (Active) GSMLS #3126236 | $115,000 | — |
| May 20, 2005 | Sold (Public Record) Public Record #158869324 | $285,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 03/23/2026 | Listed (Active) GSMLS #4016225 | $825,000 |
| 03/22/2026 | Listed (Active) NJMLS #26009669 | $825,000 |
| 07/24/2024 | Sold GSMLS #3910100 | $675,000 |
| 07/23/2024 | Sold NJMLS #24020690 | $675,000 |
| 07/17/2024 | Under Contract GSMLS #3910100 | — |
| 06/26/2024 | Listed (Active) GSMLS #3910100 | $699,000 |
| 06/25/2024 | Listed (Active) NJMLS #24020690 | $699,000 |
| 02/14/2024 | Temporarily Off Market GSMLS #3877303 | — |
| 02/14/2024 | Under Contract GSMLS #3877303 | — |
| 12/21/2023 | Temporarily Off Market NJMLS #23036845 | — |
| 12/21/2023 | Under Contract NJMLS #23036845 | — |
| 12/06/2023 | Listed (Active) NJMLS #23036845 | $665,000 |
| 12/06/2023 | Listed (Active) GSMLS #3877303 | $665,000 |
| 06/16/2014 | Sold GSMLS #3126236 | $95,000 |
| 05/19/2014 | Sold (Public Record) Public Record #418849353 | $95,000 -11.5% / yr |
| 03/20/2014 | Listed (Active) GSMLS #3126236 | $115,000 |
| 05/20/2005 | Sold (Public Record) Public Record #158869324 | $285,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 59 Mercer Street
Schools near 59 Mercer Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 2 | |||
| Public - | PK to 3 | |||
| Public - | PK to 5 | |||
| Public - | K to 8 |
Rating | School | Distance |
|---|---|---|
Dale Avenue Elementary School PublicPK to 2 | ||
Edward W. Kilpatrick Elementary School PublicPK to 3 | ||
School 15 PublicPK to 5 | ||
School 10 PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Keller Williams Prosperity Realty, Artur Tyszka
The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked 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. All information deemed reliable but not guaranteed. Last date updated: 04/01/2026 02:53 PM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 04/01/2026 02:53 PM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.
