Passaic County » 07502 » Preakness Ave » 575 Preakness Ave

575 Preakness Avenue, Paterson, NJ 07502 - Property report

Also known as: 575 Preakness Ave

Property image for 575 Preakness Avenue, Paterson, NJ 07502

Property type

Store (SCILSR)

Year built

1940

Acreage

2.631

Sale price

$7,000,000

General information

Address

Primary address

575 Preakness Avenue

ZIP code

07502

County

Passaic

Block

Lot

Municipality

1612

Qualifier

Parcel ID

5-3

Sales

Sale date

01/12/2024

Sale price

$7,000,000

Arm's length

Tax

Tax year

2026

Current property tax

$31,743

Building

Property type

Store

Building sq. ft.

16,664

Year built

1940

Exterior structural material

Lot

Acreage

2.631

Zoning & Use

Qualified opportunity zone

Area overview

Walk score

24 /100. Car-Dependent

Transit score

0 /100. Minimal Transit

Bike score

8 /100. Somewhat Bikeable

Broadband internet providers and speed map

Types of broadband connections

Ownership

Ownership information for 575 Preakness Avenue, Paterson, NJ

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 575 Preakness Avenue, Paterson, NJ 07502

Sale date	Sale price	Buyer name	Seller name
01/12/2024	$7,000,000	XXX XXXXXXXXX XXXXXX XXX	XXXXXXX XXXXXXXXX; XXXXXXX XXXXXX X
01/12/2024	$1	XXX XXXXXXXXX XXXXXX XXX; XXXXX XXXXXXXXXXXXX XXXX	XXXXXXX XXXXXXXXX; XXXXXXX XXXXXX X

*Most recent sales on record for this property.

More about Passaic County property records.

Title documents

Date	Type	Party 1	Party 2
02/26/2024 - R 01/12/2024 - D	Deed and Realty Tax Fees	XXXXXXX XXXXXXXXX	XXX XXXXXXXXX XXXXXX XXX
02/26/2024 - R 01/12/2024 - D	Mortgage	XXX XXXXXXXXX XXXXXX XXX	XXXXXXX XXXXXXXXX
02/26/2024 - R 01/12/2024 - D	Deed and Realty Tax Fees	XXXXXXX XXXXXXXXX	XXX XXXXXXXXX XXXXXX XXX
02/26/2024 - R 01/08/2024 - D	Mortgage	XXX XXXXXXXXX XXXXXX XXX	XXXXXXX XXXXXXXXX
12/21/2001 - D	Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 575 Preakness Avenue, Paterson, 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

$31,743

Recent tax assessments

Market value

$1,081,900

Land value

$742,500

Building value

$339,400

More about Passaic County property taxes

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	$1,081,900	$1,081,900	2.934	$31,743	+8.23%
2024	$1,081,900	$1,081,900	2.711	$29,330	+4.55%
2023	$1,081,900	$1,081,900	2.593	$28,054	+6.36%
2022	$1,081,900	$1,081,900	2.438	$26,377	+2.48%
2021	$1,081,900	$1,081,900	2.379	$25,738	-1.78%
2020	$1,081,900	$1,081,900	2.422	$26,204	+1.42%
2019	$1,081,900	$1,081,900	2.388	$25,836	+0.21%
2018	$1,081,900	$1,081,900	2.383	$25,782	+1.02%
2017	$1,081,900	$1,081,900	2.359	$25,522	+0.43%
2016	$1,081,900	$1,081,900	2.349	$25,414	+2.85%

Permits

Permit information for 575 Preakness Avenue, Paterson, NJ

No recently recorded permits for this property.

Listings

Neighborhood

Demographics by ZIP code

Total population

17,158

Median age

34.3

Average household income

$91,368

Family households

81.9%

People per household (average)

3.65

Occupied housing units

4,698

Owner-occupied units

55.1%

Median year structure built

1954

Median value mortgaged units

$379,500

Median value unmortgaged units

$366,300

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

View daily traffic map

Access the detailed traffic volume map for 575 Preakness Avenue, Paterson, NJ 07502 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Neighbors for 575 Preakness Avenue, Paterson, NJ

561 Preakness Ave, Paterson 1 Ottilio Ter, Totowa 4 Bullens Ave, Wayne 34 Elm St, Totowa 10 Elm St, Totowa 717 Preakness Ave, Wayne 555 Preakness Ave, Paterson 511 Preakness Ave, Paterson 507 Preakness Ave, Paterson 497 Preakness Ave, Paterson 101 Forest Ave, Hawthorne 705 Preakness Ave, Totowa 711 Preakness Ave, Totowa 503 Preakness Ave, Paterson 493 Preakness Ave, Paterson

Nearby ZIP codes for 575 Preakness Avenue, Paterson, NJ

07009, Essex County, NJ 07011, Passaic County, NJ 07012, Passaic County, NJ 07013, Passaic County, NJ 07043, Essex County, NJ 07407, Bergen County, NJ 07410, Bergen County, NJ 07470, Passaic County, NJ 07501, Passaic County, NJ 07503, Passaic County, NJ 07504, Passaic County, NJ 07505, Passaic County, NJ 07506, Passaic County, NJ 07508, Passaic County, NJ 07512, Passaic County, NJ 07513, Passaic County, NJ 07514, Passaic County, NJ 07522, Passaic County, NJ 07524, Passaic County, NJ

Frequently asked questions

What is the year built for 575 Preakness Avenue, Paterson, NJ 07502?

The development at 575 Preakness Avenue, Paterson, NJ 07502 was built in 1940.

What is the market value of 575 Preakness Avenue, Paterson, NJ 07502?

The current market value of 575 Preakness Avenue, Paterson, NJ 07502 is $1,081,900.

What is the total square footage of 575 Preakness Avenue, Paterson, NJ 07502?

575 Preakness Avenue, Paterson, NJ 07502 has a total of 16,664 square feet.

What is the price per square foot for this property?

$420 per square foot is the price for 575 Preakness Avenue, Paterson, NJ 07502.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.