555 Preakness Avenue, Paterson, NJ 07502 Property Information
555 Preakness Avenue, Paterson, NJ 07502 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 555 Preakness Avenue, Paterson |
| Zip code | 07502 |
| County | Passaic |
| Municipality | Totowa Borough |
| Block | 6 |
| Lot | 2 |
Sales & Tax Overview for 555 Preakness Avenue, Paterson
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 04/04/2025 |
| Sale price | $1 |
| Property tax | $107,402 |
Lot & Building Information for 555 Preakness Avenue, Paterson
| Building sqft | 24,768 |
| Building class | Office - General (560) |
| Acreage | 1.68 |
| Year built | 1890 |
Zoning, Use & Area Overview
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Other Property Data for 555 Preakness Avenue, Paterson
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- • Improvements for 555 Preakness Avenue, Paterson , including their type, square footage, grade and when they were built.
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About 555 Preakness Avenue, Paterson
This Office - General (560) located at 555 Preakness Avenue, Paterson, NJ 07502 has a total of 24,768 square feet.
What is the year built & the current market value of 555 Preakness Avenue, Paterson, NJ 07502?555 Preakness Avenue, Paterson, NJ 07502 was built in 1890 and has a current tax assessor's market value of $3,961,700.
Ownership Information
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Past Sales & Property History for 555 Preakness Avenue, Paterson
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*Here are the three most recent sales for this property.
Title Documents for 555 Preakness Avenue, Paterson
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R: Recorded date
D: Document date
Property Taxes for 555 Preakness Avenue, Paterson
Access detailed property tax data for 555 Preakness Avenue, Paterson, NJ 07502. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $107,402 |
| Market value | $3,961,700 |
Assessment History for 555 Preakness Avenue, Paterson
Here's the assessment & property tax history for 555 Preakness Avenue, Paterson, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessment value | Total tax rate | Property tax | Year over year change |
|---|---|---|---|---|---|
| 2024 | $3,961,700 | $3,961,700 | 2.711 | $107,402 | +79.68% |
| 2023 | $2,305,200 | $2,305,200 | 2.593 | $59,774 | +6.36% |
| 2022 | $2,305,200 | $2,305,200 | 2.438 | $56,201 | +81.72% |
| 2021 | $1,300,000 | $1,300,000 | 2.379 | $30,927 | -1.78% |
| 2020 | $1,300,000 | $1,300,000 | 2.422 | $31,486 | +1.42% |
Demographics By Zip Code
| Total population | 17,488 |
| Median age | 33 |
| Average household income | $87,758 |
| Family households | 81.4% |
| Occupied housing units | 4,662 |
| Owner occupied units | 53.0% |
| Average number of people per household | 3 |
| Median year structure built | 1955 |
| Median value for units with a mortgage | $354,600 |
| Median value for units without a mortgage | $331,000 |
Risk
Create a free account to unlock extended information for 555 Preakness Avenue, Paterson, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| FEMA flood zone(s) | X (See more on map) |
| Fire hazard zone | See more on map |
| Geohazard zones map | Register |
Transportation
Access the detailed traffic volume map for 555 Preakness Avenue, Paterson to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
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Neighbors for 555 Preakness Avenue, Paterson
Here are the neighbors for 555 Preakness Avenue, Paterson.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 561 Preakness Ave, Paterson | 846 | 12/01/2017 | $85,000 |
| 1 Ottilio Ter, Totowa | 8,520 | 04/15/2020 | $1 |
| 4 Bullens Ave, Wayne | 2,361 | 04/17/2019 | $400,000 |
| 76 Bullens Ave, Wayne | 3,939 | 09/11/2002 | $1 |
| 34 Elm St, Totowa | 1,248 | 05/13/2020 | $10 |
| 10 Elm St, Totowa | 1,331 | 06/03/2024 | $515,000 |
| 717 Preakness Ave, Wayne | 11/23/2021 | $1 | |
| 511 Preakness Ave, Paterson | 1,382 | 07/06/2021 | $1 |
| 507 Preakness Ave, Paterson | 1,728 | 10/20/2012 | |
| 497 Preakness Ave, Paterson | 1,064 | 03/25/2015 | $245,000 |
| 101 Forest Ave, Hawthorne | 04/15/2020 | $1 | |
| 705 Preakness Ave, Totowa | 3,484 | 01/12/2024 | $7,000,000 |
| 711 Preakness Ave, Totowa | 1,470 | 12/31/2019 | $1 |
| 503 Preakness Ave, Paterson | 1,728 | ||
| 493 Preakness Ave, Paterson | 06/21/2001 | $120,000 | |
| 575 Preakness Ave, Paterson | 16,664 | 01/12/2024 | $7,000,000 |