Passaic County  »  125 Prospect St

125 Prospect Street, Passaic, NJ 07055 - Property report

Also known as: 125 Prospect St

Property image for 125 Prospect Street, Passaic, NJ 07055
static Mapbox map

Property type

Office Building (SCILSO)

Year built

1930

Acreage

0.062

Sale price

$595,000

General information

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Address
Primary address
125 Prospect Street
ZIP code
07055
County
Passaic
Block
2150
Lot
31
Neighborhood
Downtown Passaic
Municipality
1607
Qualifier
Parcel ID
2150-31

Owner

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Sales
Sale date
11/12/2021
Sale price
$595,000
Arm's length
Tax
Tax year
2026
Current property tax
$10,509
Building
Property type
Office Building
Building sq. ft.
12,300
Year built
1930
Exterior structural material
Lot
Acreage
0.062
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

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

Ownership information for 125 Prospect Street, Passaic, NJ

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

Sales history for 125 Prospect Street, Passaic, NJ 07055

Sale date Sale price Buyer name Seller name
11/12/2021 $595,000 XXXXXX XXXXXXXXXX XXXXXXXX XXXXX XXX XXXXXXXX XXXXX; XXXXXX XXXXXXXXXX XXXXX XXX
10/18/2021 $550,000 XXXXXX XXXXXXXXXX XXXXX XXX XXXXX XXXXXX

*Most recent sales on record for this property.

More about Passaic County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
01/26/2022 - R
11/12/2021 - D
Deed and Realty Tax Fees XXXXXXXX XXXXX XXXXXX XXXXXXXXXX XXXXXXXX XXXXX XXX
11/19/2021 - R
10/18/2021 - D
Deed and Realty Tax Fees XXXXX XXXXXX XXXXXX XXXXXXXXXX XXXXX XXX
05/05/2009 - R
03/25/2009 - D
Deed and Realty Tax Fees XX XXX & XXX X/X XXXXX XXXXXX & XXXXXX X/X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 125 Prospect 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
$10,509
Recent tax assessments
Market value
$246,800
Land value
$146,800
Building value
$100,000

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 $246,800 $246,800 4.258 $10,509 +3.27%
2024 $246,800 $246,800 4.123 $10,176 +2.97%
2023 $246,800 $246,800 4.004 $9,882 +3.09%
2022 $246,800 $246,800 3.884 $9,586 +3.30%
2021 $246,800 $246,800 3.76 $9,280 +0.78%
2020 $246,800 $246,800 3.731 $9,208 +1.47%
2019 $246,800 $246,800 3.677 $9,075 +2.20%
2018 $246,800 $246,800 3.598 $8,880 +3.18%
2017 $246,800 $246,800 3.487 $8,606 +3.53%
2016 $246,800 $246,800 3.368 $8,312 -32.54%

Permit information for 125 Prospect Street, Passaic, NJ

Issued date Permit number Permit type Sub type Valuation Finaled date Status
08/20/2025

*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 125 Prospect 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 125 Prospect Street, Passaic, NJ 07055?

The development at 125 Prospect Street, Passaic, NJ 07055 was built in 1930.

What is the market value of 125 Prospect Street, Passaic, NJ 07055?

The current market value of 125 Prospect Street, Passaic, NJ 07055 is $246,800.

What is the total square footage of 125 Prospect Street, Passaic, NJ 07055?

125 Prospect Street, Passaic, NJ 07055 has a total of 12,300 square feet.

What is the price per square foot for this property?

$48 per square foot is the price for 125 Prospect Street, Passaic, NJ 07055.

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