71 Mercer St Paterson, NJ $ 649,900
71 Mercer St
$ 649,900
Recently Listed
Open House 10/17 12pm - 2pm
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71 Mercer St

Paterson, NJ, 07524
$ 649,900
Bedrooms9 Baths3.0

Monthly Estimate*

$ 4,489

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Multi-Family Home for sale in Paterson, NJ

for $649,900 with 9 bedrooms and 3 full baths. This home was built in 1900 on a lot size of 0.06.

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. Two units are rented, 2nd Floor to be delivered Vacant. 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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Open House

10/17/2026 12:00 PM - 2:00 PM
10/18/2026 12:00 PM - 2:00 PM
71 Mercer St Paterson, NJ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 649,900

Bedrooms

9

Full Bath

3

Property Type

Multi-Family

Taxes

$ 15,172

Style

3-Three Story

Lot Size

0.06

Year Built

1900

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

4058305

Features
General
Sewer Public Sewer
Heating Radiators - Hot Water
Cooling None
Utilities Electric Gas-Natural
Possession At Closing
Roof Asphalt Shingle
Water Heater Gas
Architectural Style 3-Three Story
Exclusions Tenant Owned Items
Year Built 1900
Township Paterson City
Tax Year 2025
Gross Income 0
County Passaic
Net Operating Income 0
Operating Expense 0
Total Rooms 12
Full Baths 3
Status Active
Directions South on River street. Left on Lafayette street Left on Mercer street. House will be on the right.
Open Parking Spaces 0
Number Of Units Total 3
Tax Annual Amount 15172
Home Warranty Y/N No
Drive None
Standard Status Active
Tax Assessed Value 578700
Town # 2508
Tax Lot 23
Farm Assessment No
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Interior
Basement Full Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 3 Baths Total 1.0
Unit 3 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 9
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Exterior
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 25X99
Lot Size Acres 0.06
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* Excluded Features
List By
JORGE VENTURA

Listing Agent

Prestige Property Group Montclair

Broker

Affordability Calculator

$5,753
Per Month
78%
22%
0%
Monthly Principal & Interest
$4,489
Monthly Property Taxes
$1,264
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/12/2026$649,900 Listed Price

Map


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71 Mercer St, Paterson, NJ, 07524 is a Multi-Family Home for sale at $649,900 with a lot size of 0.06. 71 Mercer St has 9 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 07524 which is in Paterson, NJ