2 months on rocket

49-53 Mercer St, Paterson, NJ, 07524

$669,000

Home List Price

$7,944*

Closing Credit

5 Bedrooms
3 Full Baths
Multi

Location

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49-53 Mercer St, Paterson$669,000

Buyer Closing Credits

$7,944*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDetached, O/See Remk
HeatingNatural Gas
CoolingWindow Unit(s)
BasementYes
WaterfrontNone
FireplaceNone
MLS #24028777
StatusActive
(ACTIVE)

About 49-53 Mercer St

Great 2 Family Home with Huge 74x100 Lot. This spacious 2400 sq home is ready for its new owners. ALSO APPROVED FOR 10 UNITS. The first floor starts off with a nice wrap around Lemonade porch. There are 2 generous sized bedrooms, Living, Room, Eat in Kitchen and Full Bathroom on the first floor. The second floor consist of Living Room, Eat in Kitchen, 3 Bathrooms and Full Bathroom. In addition for extra space there is a Full Finished Walkout basement with a bonus Room and a Full Bathroom. This home is perfect for someone wanting to live in and collect rent. The oversized Lot has a Large Garage on one side and a Driveway on the other side perfect for a car enthusiast or an extra entertaining area. There are also approved plans for a savvy investor to knock down the property and build 10 Units. Do Not Wait this home will not last.

Property Details

Property Features

Listing Office:

  • Office Name: Howard Hanna Rand Realty
  • Office Phone: (973) 943-3321
  • Listing Agent: Jose A. Perez

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Vinyl, None

Parking Information:

  • Attached Garage: No
  • Parking: Detached, O/See Remk

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $669,000

Tax Information:

  • Annual Amount: $9,413
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Paterson, NJ.

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Paterson, NJ

City

Med. List Price

$450K

Med. Price/SqFt

$287

Avg. Days On Market

80

# of Sold Homes

12

49-53 Mercer St vs Paterson

72 DAYS ON ROCKET

-8 Days

$669,000

+$219K More

KEY TAKEAWAY

This property is $219K more than the Median List Price in Paterson, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24028777

Listing Office:

  • Office Name: Howard Hanna Rand Realty
  • Office Phone: (973) 943-3321
  • Listing Agent: Jose A. Perez

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked 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. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 6:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$9,413$210,300
2019$7,747$205,800
2018$7,396$179,100
2017$7,396$177,800

History based on county public records data.

Payment Calculator

$3,406

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,072

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-546713
1
/10

  • Edward W. Kilpatrick

  • 295-315 Ellison St

  • 0.59 miles

  • Public District Grades PK-3

school-card-donut-546714
3
/10

  • Roberto Clemente

  • 434 Rosa Parks Blvd

  • 0.83 miles

  • Public District Grades KG-5

school-card-donut-546715
6
/10

  • School 1

  • 1 E 32nd St

  • 0.98 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,286. Residents of Paterson, NJ typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Passaic County›Paterson›07524›49-53 Mercer St

This home is located at 49-53 Mercer St in Paterson, NJ and zip code 07524 in the 4th Ward neighborhood. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $669,000.

The number of listings in Paterson, NJ increased by 25.1% between September 2024 and October 2024. The median list price of listings available in October 2024 was $450,000, while the average time on the real estate market was 80 days.

From Rocket Homes Real Estate and based on county public records data.

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