Passaic County  »  07524  »  Franklin St  »  241-249 Franklin St

241-249 Franklin Street, Paterson, NJ 07524 - Property report

Also known as: 241-249 Franklin St

Property image for 241-249 Franklin Street, Paterson, NJ 07524
static Mapbox map

Property type

Store (SCILSR)

Year built

1919

Acreage

0.287

Sale price

$2,350,000

General information

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Address
Primary address
241-249 Franklin Street
ZIP code
07524
County
Passaic
Block
2817
Lot
19
Neighborhood
Riverside
Municipality
1608
Qualifier
Parcel ID
2817-19

Owner

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Sales
Sale date
08/19/2024
Sale price
$2,350,000
Arm's length
Tax
Tax year
2026
Current property tax
$23,741
Building
Property type
Store
Building sq. ft.
15,920
Year built
1919
Exterior structural material
Lot
Acreage
0.287
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
80 /100.  Very Walkable
Transit score
41 /100.  Some Transit
Bike score
50 /100.  Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 241-249 Franklin Street, Paterson, NJ

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

Sales history for 241-249 Franklin Street, Paterson, NJ 07524

*Most recent sales on record for this property.

More about Passaic County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
08/29/2024 - R
08/19/2024 - D
Mortgage XXX XXXXXXXX XXXXXX XXX XXXXX X XXXXXXX XXX
08/29/2024 - R
08/19/2024 - D
Mortgage XXX XXXXXXXX XXXXXX XXX XXXXX X XXXXXXX XXX
08/29/2024 - R
08/19/2024 - D
Deed and Realty Tax Fees XXX XXXXXXXX XXXXXXXX XXX XXX XXXXXXXX XXXXXX XXX
04/20/2021 - R
03/18/2021 - D
Mortgage XXX XXXXXXXX XXXXXXXX XXX XXXXXXXXX XXXXXXX XXX
04/20/2021 - R
03/18/2021 - D
Mortgage XXX XXXXXXXX XXXXXXXX XXX XXXXXXXXX XXXXXXX XXX
04/20/2021 - R
03/16/2021 - D
Deed and Realty Tax Fees XXXXXXXX XXXXXXXXX XXXXXX XXX XXXXX XXXX XXXXXX XXXXX XXX
04/20/2021 - R
03/12/2021 - D
Deed and Realty Tax Fees XXXXXXX XXX XXX XXXXXXXX XXXXXXXX XXX
07/28/2011 - R
06/10/2011 - D
Deed and Realty Tax Fees X.X. XXXXXXXX XXX XXXXXXXX XXXXXXXXX XXXXXX XXX
06/10/2011 - D Deed and Realty Tax Fees
02/09/2010 - R
01/06/2010 - D
Deed and Realty Tax Fees X X XXXXXXXX XXX X X XXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 241-249 Franklin Street, 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
$23,741
Recent tax assessments
Market value
$445,000
Land value
$74,000
Building value
$371,000

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 $445,000 $445,000 5.335 $23,741 +4.71%
2024 $445,000 $445,000 5.095 $22,673 +3.92%
2023 $445,000 $445,000 4.903 $21,818 +5.62%
2022 $445,000 $445,000 4.642 $20,657 +3.71%
2021 $445,000 $445,000 4.476 $19,918 +7.21%
2020 $445,000 $445,000 4.175 $18,579 +1.06%
2019 $444,700 $444,700 4.134 $18,384 -4.42%
2018 $444,600 $444,600 4.326 $19,233 +9.85%
2017 $420,900 $420,900 4.16 $17,509 -3.90%
2016 $419,900 $419,900 4.339 $18,219 +5.62%

Permit information for 241-249 Franklin Street, Paterson, NJ

No recently recorded permits for this property.

Demographics by ZIP code

Total population
13,808
Median age
32.7
Average household income
$63,852
Family households
81.1%
People per household (average)
3.11
Occupied housing units
4,428
Owner-occupied units
19.4%
Median year structure built
1938
Median value mortgaged units
$409,200
Median value unmortgaged units
$353,900

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 241-249 Franklin Street, Paterson, NJ 07524 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 241-249 Franklin Street, Paterson, NJ 07524?

The development at 241-249 Franklin Street, Paterson, NJ 07524 was built in 1919.

What is the market value of 241-249 Franklin Street, Paterson, NJ 07524?

The current market value of 241-249 Franklin Street, Paterson, NJ 07524 is $445,000.

What is the total square footage of 241-249 Franklin Street, Paterson, NJ 07524?

241-249 Franklin Street, Paterson, NJ 07524 has a total of 15,920 square feet.

What is the price per square foot for this property?

$147 per square foot is the price for 241-249 Franklin Street, Paterson, NJ 07524.

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