Passaic County  »  87-91 Market St

87-91 Market Street, Passaic, NJ 07055 - Property report

Also known as: 87-91 Market St

Property image for 87-91 Market Street, Passaic, NJ 07055
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Property type

Apartment-Other (029)

Year built

2009

Acreage

0.172

Sale price

$2,838,744

General information

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Address
Primary address
87-91 Market Street
ZIP code
07055
County
Passaic
Block
1042
Lot
4
Neighborhood
Downtown Passaic
Municipality
1607
Qualifier
Parcel ID
1042-4

Owner

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Sales
Sale date
06/30/2023
Sale price
$2,838,744
Arm's length
Tax
Tax year
2026
Current property tax
$28,967
Building
Property type
Apartment-Other (029)
Building sq. ft.
19,626
Year built
2009
Exterior structural material
Lot
Acreage
0.172
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

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

Ownership information for 87-91 Market Street, Passaic, NJ

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

Sales history for 87-91 Market Street, Passaic, NJ 07055

*Most recent sales on record for this property.

More about Passaic County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
07/02/2025 - D
07/02/2025 - R
Mortgage XXXXXXX XXXXX XXXXXXXX XXXX
07/02/2025 - R
06/02/2025 - D
Mortgage XXXXXXX XXXXX XXXXXXXX XXXX
07/10/2023 - R
06/30/2023 - D
Deed and Realty Tax Fees XX XX XXXXXX XXXXXX XXXXXXXX XXX XXXXXXX XXXXXX XX XXX
10/18/2018 - R
10/12/2018 - D
Mortgage XX XX XXXXXX XXXXXX XXXXXXXX XXX XXX XXXXXXXX XXXXXXX XXX
10/18/2018 - R
10/10/2018 - D
Deed and Realty Tax Fees XX XX XXXXXX XX XXX XX XX XXXXXX XXXXXX XXXXXXXX XXX
04/01/2010 - R
03/09/2010 - D
Deed and Realty Tax Fees XXXXX XXXX XX XX XXXXXX XX XXX
04/17/2008 - R
04/14/2008 - D
Deed and Realty Tax Fees XXXXX XXXXXXXXXX XXX XXXXX XXXX
01/13/2006 - D Deed and Realty Tax Fees XXXXXX XXXXXXXXX XXXXX XXXXXXXXXX
02/08/2000 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 87-91 Market 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
$28,967
Recent tax assessments
Market value
$680,300
Land value
$145,000
Building value
$535,300

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 $680,300 $680,300 4.258 $28,967 +3.27%
2024 $680,300 $680,300 4.123 $28,049 +2.97%
2023 $680,300 $680,300 4.004 $27,239 +3.09%
2022 $680,300 $680,300 3.884 $26,423 +3.30%
2021 $680,300 $680,300 3.76 $25,579 +0.78%
2020 $680,300 $680,300 3.731 $25,382 +1.47%
2019 $680,300 $680,300 3.677 $25,015 +2.20%
2018 $680,300 $680,300 3.598 $24,477 +3.18%
2017 $680,300 $680,300 3.487 $23,722 +3.53%
2016 $680,300 $680,300 3.368 $22,913 +16.37%

Permit information for 87-91 Market 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 87-91 Market 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 year built for 87-91 Market Street, Passaic, NJ 07055?

The development at 87-91 Market Street, Passaic, NJ 07055 was built in 2009.

What is the total square footage of 87-91 Market Street, Passaic, NJ 07055?

87-91 Market Street, Passaic, NJ 07055 has a total of 19,626 square feet.

When was 87-91 Market Street, Passaic, NJ 07055 last sold and what was the sale price?

87-91 Market Street, Passaic, NJ 07055 was last sold on 06/30/2023 for $2,838,744.

What is the assessed value of 87-91 Market Street, Passaic, NJ 07055?

87-91 Market Street, Passaic, NJ 07055 is currently assessed at $680,300.

What are the property taxes for 87-91 Market Street, Passaic, NJ 07055?

The property taxes for 87-91 Market Street, Passaic, NJ 07055 total $28,967.

How many residential units does this building have?

This building has 12 residential unit(s).

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