10 days on rocket

49 Mercer St, Paterson City, NJ, 07524

$599,000

Home List Price

$7,113*

Closing Credit

5 Bedrooms
3 Full Baths
Multi

Location

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49 Mercer St, Paterson$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking2 Car Width, Blacktop, Detached Garage, Oversize Garage, See Remarks
Garage2 spaces
Year Built1928
HeatingMulti Unit(s), Natural Gas
BasementYes
MLS #3937546
Lot Size0.16 Acres
StatusActive

About 49 Mercer St

Great 2 Family Home with Huge 74x100 Lot. This spacious 2400 sq home plus 800 sq ft finished basement is ready for its new owners. 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 with possible tax abatement. This is a great investment for an owner occupant or investor. Do Not Wait this home will not last.

Property Details

Property Features

Property Information:

  • Architectural Style: 2-Two Story, See Remarks
  • Year Built: 1928

Listing Office:

  • Office Name: HOWARD HANNA RAND REALTY
  • Office Phone: (973) 694-6500

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes
  • Interior: Smoke Detector

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: FencVnyl

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: 2 Car Width, Blacktop, Detached Garage, Oversize Garage, See Remarks

Lot Features

Lot Information:

  • Lot: Corner Lot, Level
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Multi Unit(s), Natural Gas

Other

Directions Information:

  • Directions: HOUSE # is 51 Corner house with Vinyl Fence. River to Keen to Mercer

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000
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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

$462.3K

Med. Price/SqFt

$245

Avg. Days On Market

85

# of Sold Homes

9

49 Mercer St vs Paterson

10 DAYS ON ROCKET

-75 Days

$599,000

+$136.7K More

KEY TAKEAWAY

This property is $136.7K more than the Median List Price in Paterson, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3937546

Listing Office:

  • Office Name: HOWARD HANNA RAND REALTY
  • Office Phone: (973) 694-6500

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 10:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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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-806164
1
/10

  • Edward W. Kilpatrick

  • 295-315 Ellison St

  • 0.68 miles

  • Public District Grades PK-3

school-card-donut-806165
3
/10

  • Roberto Clemente

  • 434 Rosa Parks Blvd

  • 0.92 miles

  • Public District Grades KG-5

school-card-donut-806166
6
/10

  • School 1

  • 1 E 32nd St

  • 1.02 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. The majority of Paterson, NJ residents have income between $35k-100k annually. The most common type of family 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 Mercer St

This home is located at 49 Mercer St in Paterson City, NJ and zip code 07524 in the 4th Ward neighborhood. This home, which was built in 1928, sits on a 0.16 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $599,000.

In November 2024 in Paterson, NJ there were 17.3% more homes for sale than in October 2024. Listings spent 85 days on the market in November 2024, and had a median list price of $462,300 during the same period.

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

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