For sale

$669,000

83 Mercer St, Paterson, NJ 07524

7beds

--sqft

$4,986/mo

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Multi Family

Built in ----

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Spacious property

Welcome to this beautifully 3-family home, reconstructed in 2018, offering an excellent opportunity for homeowners or investors. This spacious property features 7 bedrooms and 4 full bathrooms across three separate units, with the first floor offering 3 bedrooms and 1 bathroom, the second floor offering 2 bedrooms and 1 bathroom, and the third floor offering 2 bedrooms and 1 bathroom. Each unit is equipped with its own dedicated central A/C system, providing comfort and independent climate control. This is an excellent opportunity for those seeking a well-maintained multi-family property with versatile living arrangements and strong rental potential. Whether you're looking to occupy one unit and generate rental income from the others.

10 hours

31

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4
Full bathrooms: 4

Appliances

Laundry: None

Property

Details

Parcel number: 0803018000000026

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Utilities & green energy

Utilities for property: Electricity Connected, Natural Gas Connected, Sep Heat

Community & HOA

Location

Region: Paterson

Financial & listing details

Tax assessed value: $224,400
Annual tax amount: $11,971
Date on market: 8/10/2026
Listing agreement: Exclusive Right To Sell

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/11/2026	Listed for sale	$669,000+7%
Source: NJMLS #26030234 Report a problem
1/17/2024	Listing removed	--
Source: GSMLS #3881167 Report a problem
1/12/2024	Listed for sale	$625,000+31.6%
Source: GSMLS #3881167 Report a problem
6/21/2021	Sold	$475,000+47499900%
Source: GSMLS #3697110 Report a problem
7/20/2010	Listing removed	$1
Source: NJ Home Relief Report a problem
11/25/2009	Listed for sale	$1-100%
Source: NJ Home Relief Report a problem
7/27/2006	Sold	$305,000+74.3%
Source: Public Record Report a problem
1/27/2005	Sold	$175,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,433 +3.9%	$224,400
2024	$11,002 +1.8%	$224,400
2023	$10,809 +7.6%	$224,400
2022	$10,044	$224,400
2021	$10,044 +92.7%	$224,400 +74.1%
2020	$5,213 -3.1%	$128,900 +2.2%
2019	$5,382 -17.3%	$126,100 +1.4%
2018	$6,506 -8%	$124,400 -20.5%
2017	$7,073 +5.6%	$156,400 -4%
2016	$6,696 -37.5%	$163,000
2015	$10,716 +5.7%	$163,000 -55.9%
2014	$10,139 +9.1%	$369,500
2013	$9,293	$369,500
2012	$9,293 +18.3%	$369,500
2011	$7,856 +10.1%	$369,500
2010	$7,135	$369,500
2009	--	$369,500
2008	--	$369,500
2007	--	$369,500

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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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