49 Mercer St Active Save Request In-Person Tour Request Virtual Tour
Paterson City,NJ 07524
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,400 sqft
Price per Sqft $90
MLS Listing ID 3926888
Year Built 1920
Annual Tax Amount $10,311
Tax Year 2023
Property Description
GREAT OPPORTUNITY FOR BUILDERS AND DEVELOPERS APPROVED PLANS FOR 10 UNITS WITH POSSIBLE TAX ABATEMENT OF 10-20 YEARS, ASK CITY OF PATERSON FOR DETAILS. FOR SALE A 74 x100 LOT WITH APPROVED PLANS FOR 10 RESIDENTIAL LUXURY APARTMENTS WITH 19-21 PARKING SPOTS. PLANS SHOW 6 ONE BEDROOM AND 4 TWO BEDROOM APARTMENTS. CURRENTLY A 2 FAMILY WITH 5 BEDROOMS AND 3 FULL BATHROOMS BEING OCCUPIED BY SELLER WITH FINISHED BASEMENT USED AS AN OFFCIE. RENT OUT THE ENTIRE HOME WHILE YOU ARE READY TO BREAK GROUND. RESOLUTION LETTER AND ARCHITECTURAL PLANS AVAILABLE AT REQUEST. LOTS OF POTENTIAL AND POSSIBILTIES OF MODIFICATIONS TO PLANS WITH A CREATIVE ARCHITECT TO MAXIMIZIE YOUR END PROFITS. CALL NOW DO NOT JUST WALK THE PROPERTY. CLOSE TO NYC AND GWB PERFECT FOR COMMUTERS.
Location
State NJ
County Passaic
Zoning R2
Interior
Heating Gas-Natural
Cooling Wall A/C Unit(s), Window A/C(s)
Equipment Appliances, See Remarks
Exterior
Exterior Feature See Remarks
Utilities Available Gas-Natural
Roof Type See Remarks
Building
Lot Description Level Lot
Story 2
Sewer Public Sewer
Water Public Water