Passaic County  »  87 Canal 1st Sts

87 Canal 1st Sts, Passaic, NJ 07055 - Property report

Also known as: 87 Canal 1st Sts

Property image for 87 Canal 1st Sts, Passaic, NJ 07055
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Property type

Industrial (4B)

Acreage

3.61

Sale price

$1,500,000

General information

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Address
Primary address
87 Canal 1st Sts
ZIP code
07055
County
Passaic
Block
1038
Lot
1
Neighborhood
Downtown Passaic
Municipality
1607
Qualifier
Parcel ID
1038-1

Owner

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Sales
Sale date
02/23/1993
Sale price
$1,500,000
Arm's length
Tax
Tax year
2026
Current property tax
$49,831
Building
Property type
Industrial (4B)
Building sq. ft.
17,985
Exterior structural material
Lot
Acreage
3.61
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
91 /100.  Walker's Paradise
Transit score
57 /100.  Good Transit
Bike score
58 /100.  Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 87 Canal 1st Sts, Passaic, NJ

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 87 Canal 1st Sts, Passaic, NJ 07055

Sale date Sale price Buyer name Seller name
02/23/1993 $1,500,000

*Most recent sale on record for this property.

More about Passaic County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
01/08/2025 - R
12/27/2024 - D
Mortgage XXX XXXXXXX XXXXXX XXXXXXXXXX XXXX XXXXX XXXXXX XXXXXXX XXXXXX XXXXX
01/08/2025 - R
12/23/2024 - D
Mortgage XXX XXXXXXX XXXXXX XXXXXXXXXX XXXX XXXXX XXXXXX XXXXXXX XXXXXX XXXXX
02/23/1993 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 87 Canal 1st Sts, Passaic, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Property tax
$49,831
Recent tax assessments
Market value
$1,170,300
Land value
$831,600
Building value
$338,700

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $1,170,300 $1,170,300 4.258 $49,831 +3.27%
2024 $1,170,300 $1,170,300 4.123 $48,251 +2.97%
2023 $1,170,300 $1,170,300 4.004 $46,859 +3.09%
2022 $1,170,300 $1,170,300 3.884 $45,454 +3.30%
2021 $1,170,300 $1,170,300 3.76 $44,003 +0.78%
2020 $1,170,300 $1,170,300 3.731 $43,664 +1.47%
2019 $1,170,300 $1,170,300 3.677 $43,032 +2.20%
2018 $1,170,300 $1,170,300 3.598 $42,107 +3.18%
2017 $1,170,300 $1,170,300 3.487 $40,808 +3.53%
2016 $1,170,300 $1,170,300 3.368 $39,416 +36.07%

Permit information for 87 Canal 1st Sts, Passaic, NJ

Issued date Permit number Permit type Sub type Valuation Finaled date Status
06/06/2025

*Most recent permit on record for this property.

Demographics by ZIP code

Total population
70,002
Median age
31.9
Average household income
$78,683
Family households
73.8%
People per household (average)
3.29
Occupied housing units
21,151
Owner-occupied units
23.8%
Median year structure built
1938
Median value mortgaged units
$430,100
Median value unmortgaged units
$429,500

Risk

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FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 87 Canal 1st Sts, Passaic, NJ 07055 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the market value of 87 Canal 1st Sts, Passaic, NJ 07055?

The current market value of 87 Canal 1st Sts, Passaic, NJ 07055 is $1,170,300.

What is the total square footage of 87 Canal 1st Sts, Passaic, NJ 07055?

87 Canal 1st Sts, Passaic, NJ 07055 has a total of 17,985 square feet.

What is the price per square foot for this property?

$83 per square foot is the price for 87 Canal 1st Sts, Passaic, NJ 07055.

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