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$649,900 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 9 Total Beds
  • Updated 6 hours ago

Next open house:

Open House: 12:00 PM - 2:00 PM

Saturday 10/17 12:00 PM - 2:00 PM

71 Mercer St,Paterson, NJ 07524

71 Mercer StPatersonNJ07524

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Join us at 71 Mercer St on:

  • Open House: 12:00 PM - 2:00 PM

    Sunday 10/18 12:00 PM - 2:00 PM

    71 Mercer St,Paterson, NJ 07524
    71 Mercer StPatersonNJ07524
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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!

Full Property Details for 71 Mercer St

General

  • Price: $649,900
  • Taxes: $15,172 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4058305
  • Updated: Today (10/12/2026)
  • Added to Site: Today

Interior

  • Number of Rooms: 12

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 9

Location

  • County: Passaic
  • Driving Directions: South on River street. Left on Lafayette street, Left on Mercer street. House will be on the right.

Heating & Cooling

  • Cooling Type: No Cooling
  • Heating Type: Radiators - Hot Water
  • Heating Fuel: Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas

Structural Information

  • Architectural Style: 3-Three Story
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Full, Unfinished
  • Roof: Asphalt Shingles
  • Year Built: 1900

Unit Information

Unit 1

  • Unit Description: Bedrooms, Kitchen
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Unit Description: Bedrooms, Kitchen
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 3

  • Unit Description: Bedrooms, Kitchen
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Dimensions: 25 x 99
  • Driveway/Sidewalk: None

Financial Considerations

  • Assessment Amount: $476,800
  • Land Assmt: $101,900
  • Tax Amount: $15,172
  • Tax Year: 2025

Disclosures and Reports

  • Exclusions: Tenant Owned Items
  • Disclosures: Yes
  • Block: 3009
  • Lot Number: 23

Listed by Prestige Property Group Montclair

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Listing agent

— 71 Mercer St —

  • Prestige Property Group Montclair

973-860-7595

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 71 Mercer St

School District:Paterson City School District
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 71 Mercer St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/12/2026
Listed
$649,900
62.48%
MLS
12/07/2021
Sold
$400,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 71 Mercer St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,173
—
$578,700
103%
2025
$15,173
15%
$284,400
—
2022
$13,202
4%
$284,400
—
2021
$12,730
76%
$284,400
63%
2019
$7,234
-3%
$175,000
2%
2018
$7,458
5%
$172,400
1%
2017
$7,118
-8%
$171,100
-4%
2016
$7,767
6%
$179,000
—
2015
$7,353
-11%
$179,000
-40%
2013
$8,229
—
$299,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 71 Mercer St

$
Down Payment
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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Prestige Property Group Montclair

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71 Mercer St, Paterson, NJ 07524 (MLS# 4058305) is a Multi-Family property with 3 units containing 9 bedrooms and 3 full bathrooms. 71 Mercer St is currently listed for $649,900 and was received on October 12, 2026. Want to learn more about 71 Mercer St? Do you have questions about finding other Multi-Family real estate for sale in Paterson? You can browse all Paterson real estate or contact a Coldwell Banker agent to request more information.

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