Passaic County  »  07502  »  Preakness Ave  »  296-298 Preakness Ave

296-298 Preakness Avenue, Paterson, NJ 07502 - Property report

Also known as: 296-298 Preakness Ave

Property image for 296-298 Preakness Avenue, Paterson, NJ 07502
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Property type

Commercial (4A)

Year built

1950

Acreage

0.115

General information

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Address
Primary address
296-298 Preakness Avenue
ZIP code
07502
County
Passaic
Block
1206
Lot
11
Neighborhood
Totowa
Municipality
1608
Qualifier
Parcel ID
1206-11

Owner

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Tax
Tax year
2026
Current property tax
$40,125
Building
Property type
Commercial (4A)
Building sq. ft.
4,800
Year built
1950
Exterior structural material
Lot
Acreage
0.115
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
78 /100.  Very Walkable
Transit score
33 /100.  Some Transit
Bike score
49 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 296-298 Preakness Avenue, Paterson, NJ

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

Sales history for 296-298 Preakness Avenue, Paterson, NJ 07502

No recently recorded sales for this property.

More about Passaic County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
06/29/1995 - D Deed and Realty Tax Fees

*Most recent recorded document on file for this property.

R: Recorded date
D: Document date

Property taxes for 296-298 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
$40,125
Recent tax assessments
Market value
$752,100
Land value
$212,500
Building value
$539,600

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 $485,800 $485,800 5.335 $25,917 +4.71%
2024 $485,800 $485,800 5.095 $24,752 +3.92%
2023 $485,800 $485,800 4.903 $23,819 +5.62%
2022 $485,800 $485,800 4.642 $22,551 +3.71%
2021 $485,800 $485,800 4.476 $21,744 +7.21%
2020 $485,800 $485,800 4.175 $20,282 +4.95%
2019 $467,500 $467,500 4.134 $19,326 +6.29%
2018 $420,300 $420,300 4.326 $18,182 +9.57%
2017 $398,900 $398,900 4.16 $16,594 -4.13%
2016 $398,900 $398,900 4.339 $17,308 +5.62%

Permit information for 296-298 Preakness Avenue, Paterson, NJ

No recently recorded permits for this property.

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

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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 296-298 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.

Frequently asked questions

What is the year built for 296-298 Preakness Avenue, Paterson, NJ 07502?

The development at 296-298 Preakness Avenue, Paterson, NJ 07502 was built in 1950.

What is the total square footage of 296-298 Preakness Avenue, Paterson, NJ 07502?

296-298 Preakness Avenue, Paterson, NJ 07502 has a total of 4,800 square feet.

What is the assessed value of 296-298 Preakness Avenue, Paterson, NJ 07502?

296-298 Preakness Avenue, Paterson, NJ 07502 is currently assessed at $752,100.

What are the property taxes for 296-298 Preakness Avenue, Paterson, NJ 07502?

The property taxes for 296-298 Preakness Avenue, Paterson, NJ 07502 total $40,124.

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