Passaic County  »  56-58 1st St

56-58 1st Street, Passaic, NJ 07055 - Property report

Also known as: 56-58 1st St

Property image for 56-58 1st Street, Passaic, NJ 07055
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Property type

Industrial (4B)

Acreage

0.115

Sale price

$900,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
56-58 1st Street
ZIP code
07055
County
Passaic
Block
1039
Lot
5
Neighborhood
Downtown Passaic
Municipality
1607
Qualifier
Parcel ID
1039-5

Owner

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Sales
Sale date
12/16/2020
Sale price
$900,000
Arm's length
Tax
Tax year
2026
Current property tax
$21,316
Building
Property type
Industrial (4B)
Building sq. ft.
8,600
Exterior structural material
Lot
Acreage
0.115
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

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

Ownership information for 56-58 1st Street, Passaic, NJ

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

Sales history for 56-58 1st Street, Passaic, NJ 07055

Sale date Sale price Buyer name Seller name
12/16/2020 $900,000 XX XXXXX XXXXXX XXX XXXX XXXXXX
05/06/1997 $170,000

*Most recent sales on record for this property.

More about Passaic County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
07/22/2021 - R
12/16/2020 - D
Mortgage XX XXXXX XXXXXX XXX XX XXXX XX
07/22/2021 - R
12/16/2020 - D
Mortgage XX XXXXX XXXXXX XXX XX XXXX XX
07/22/2021 - R
12/16/2020 - D
Deed and Realty Tax Fees XXXX XXXXXX XX XXXXX XXXXXX XXX
05/06/1997 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 56-58 1st Street, 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
$21,316
Recent tax assessments
Market value
$500,600
Land value
$127,500
Building value
$373,100

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 $500,600 $500,600 4.258 $21,316 +3.27%
2024 $500,600 $500,600 4.123 $20,640 +2.97%
2023 $500,600 $500,600 4.004 $20,044 +3.09%
2022 $500,600 $500,600 3.884 $19,443 +3.30%
2021 $500,600 $500,600 3.76 $18,823 +0.78%
2020 $500,600 $500,600 3.731 $18,677 +1.47%
2019 $500,600 $500,600 3.677 $18,407 +2.20%
2018 $500,600 $500,600 3.598 $18,012 +3.18%
2017 $500,600 $500,600 3.487 $17,456 +3.53%
2016 $500,600 $500,600 3.368 $16,860 -16.62%

Permit information for 56-58 1st Street, Passaic, NJ

No recently recorded permits 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 56-58 1st Street, 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 56-58 1st Street, Passaic, NJ 07055?

The current market value of 56-58 1st Street, Passaic, NJ 07055 is $500,600.

What is the total square footage of 56-58 1st Street, Passaic, NJ 07055?

56-58 1st Street, Passaic, NJ 07055 has a total of 8,600 square feet.

What is the price per square foot for this property?

$104 per square foot is the price for 56-58 1st Street, Passaic, NJ 07055.

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