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Price increase: $81K (6/16)

$480,000

11 Mercer St, Paterson City, NJ 07524

4beds

--sqft

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Multi Family

Built in 1937

-- sqft lot

$496,300 Zestimate^®

$--/sqft

$-- HOA

What's special

Finished basementEquipped with solar panels

Great opportunity for investors or first time buyers. This conveniently located 4 bedroom, 3 bath home features a finished basement and 1 parking spot. Close to shopping, transportation and local amenities. Property sold as is, no repairs or credits. Equipped with solar panels offering potential energy savings.

149 days

441

29

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Heating

Radiators - Steam, Natural Gas

Appliances

Included: Gas Water Heater

Features

Bedrooms, Eat-in Kitchen, Living Room, Eat-In Kitchen
Basement: Yes,Partially Finished,Walk-Out Access
Has fireplace: No

Interior area

Total structure area: 0

Property

Parking

Total spaces: 1
Parking features: 1 Car Width
Uncovered spaces: 1

Features

Levels: Two
Stories: 2

Lot

Size: 1,742 Square Feet
Dimensions: 25 x 75

Details

Parcel number: 2508029190000000020000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Aluminum Siding
Roof: Asphalt Shingle

Condition

Year built: 1937

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Underground Utilities, Natural Gas Connected

Community & HOA

Location

Region: Paterson

Financial & listing details

Tax assessed value: $107,400
Annual tax amount: $5,472
Date on market: 2/1/2026
Total actual rent: 5000

Estimated market value

$496,300

$471,000 - $521,000

$2,496/mo

Price history

Date	Event	Price
6/16/2026	Price change	$480,000+20.3%
Source: GSMLS #4007655 Report a problem
3/9/2026	Pending sale	$399,000
Source: GSMLS #4007655 Report a problem
2/11/2026	Price change	$399,000-16.9%
Source: GSMLS #4007655 Report a problem
2/1/2026	Listed for sale	$480,000+93.5%
Source: GSMLS #4007655 Report a problem
8/29/2007	Sold	$248,000+65.3%
Source: Public Record Report a problem
10/14/2004	Sold	$150,000-11.8%
Source: Public Record Report a problem
7/21/2004	Sold	$170,000+30.8%
Source: Public Record Report a problem
5/31/2002	Sold	$130,000+71.3%
Source: Public Record Report a problem
4/25/2002	Sold	$75,900-34.6%
Source: Public Record Report a problem
5/3/1999	Sold	$116,000+157.8%
Source: Public Record Report a problem
11/13/1998	Sold	$45,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,472 +3.9%	$107,400
2024	$5,266 +1.8%	$107,400
2023	$5,173 +7.6%	$107,400
2022	$4,807	$107,400
2021	$4,807 +10.6%	$107,400
2020	$4,345 -3.1%	$107,400 +2.2%
2019	$4,486 +6%	$105,100 +1.4%
2018	$4,231 -7.4%	$103,700 +2%
2017	$4,569 +5.6%	$101,700 -3.4%
2016	$4,326 -48.8%	$105,300
2015	$8,456 +5.7%	$105,300 -63.9%
2014	$8,002 +9.1%	$291,600
2013	$7,334	$291,600
2012	$7,334 +18.3%	$291,600
2011	$6,199 +10.1%	$291,600
2010	$5,631	$291,600
2009	--	$291,600
2008	--	$291,600
2007	--	$291,600 +2650.9%
2006	--	$10,600
2005	--	$10,600

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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