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Image 1 - 71 Mercer St, Paterson, New Jersey, 07524 - House for sale
Image 2 - 71 Mercer St, Paterson, New Jersey, 07524 - House for sale
Image 3 - 71 Mercer St, Paterson, New Jersey, 07524 - House for sale
Image 4 - 71 Mercer St, Paterson, New Jersey, 07524 - House for sale
Image 5 - 71 Mercer St, Paterson, New Jersey, 07524 - House for sale
Image 6 - 71 Mercer St, Paterson, New Jersey, 07524 - House for sale
Image 7 - 71 Mercer St, Paterson, New Jersey, 07524 - House for sale
Image 8 - 71 Mercer St, Paterson, New Jersey, 07524 - House for sale
Image 9 - 71 Mercer St, Paterson, New Jersey, 07524 - House for sale
Mercer St, Paterson, Home For Sale
71 Mercer St, Paterson, New Jersey, 07524

Mercer St, Paterson, Home For Sale

house for sale
Listed: 08/19/24

71 Mercer St, Paterson, New Jersey, 07524

9 Bed:
3 Bath:
Save
Price
$ 599,900

About This House

This income generating Three-Family property is located at the heart of the riverside section of Paterson. Situated perfectly near stores, houses of worship, parks, and restaurants giving tenants easy access to their home needs. Each floor boasts 3 bedrooms and 1 bath and all units are similar in layout. All three units are already fully occupied and rent rolling. Each unit has separate electric and gas utilities. Basement is a vast space that is waiting for a savvy buyer to invest and finish out, currently being used as storage. Don't miss out on the chance to become a landlord in this market!

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Paterson Housing & Living

Average sale prices for houses

3 bed
4+ bed
Show as List Show as Graph
In August 2024, the asking price for 3 bed houses for sale in/near Paterson, United States averaged $440,858, staying on the same level compared to the previous month.
Median price trends for properties for sale in Paterson, United States as of August 2024.

Household Income

Median household income: $36,106
Number of households: 43,786
The average household income in Paterson, NJ grew from $34,042 to $36,106 in the past year. This data is an estimate based upon 43,786 households in Paterson, NJ.
The chart below presents how household income is distributed in Paterson, NJ in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Paterson, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Paterson, NJ equals $3k+ , which is more than the national average.