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498-500 River Street, Paterson, NJ 07524 Property Information

498-500 River Street, Paterson, NJ 07524 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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498-500 River Street, Paterson, NJ 07524
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Address

Primary address 498-500 River Street, Paterson
Zip code 07524
County Passaic
Municipality Paterson City
Block 2908
Lot 10
Neighborhood Riverside

Sales & Tax Overview for 498-500 River Street, Paterson

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Property tax $28,067

Lot & Building Information for 498-500 River Street, Paterson

Building sqft 4,405
Building class Commercial (4A)
Acreage 0.115
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Zoning, Use & Area Overview

Walk Score
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Zoning district
Broadband internet providers and speed map
Types of broadband connections map

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Other Property Data for 498-500 River Street, Paterson

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  • • Improvements for 498-500 River Street, Paterson , including their type, square footage, grade and when they were built.
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About 498-500 River Street, Paterson

How many square feet does 498-500 River Street, Paterson, NJ 07524 have?

This Commercial (4A) located at 498-500 River Street, Paterson, NJ 07524 has a total of 4,405 square feet.

What is the assessed value of 498-500 River Street, Paterson, NJ 07524 and the property tax paid?

Assessed at $526,100, the tax amount paid for 498-500 River Street, Paterson, NJ 07524 is $28,067.

When was 498-500 River Street, Paterson, NJ 07524 last sold?

498-500 River Street, Paterson, NJ 07524 was last sold in 09/07/1977.

Ownership Information

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Real Estate Reports:
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
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Past Sales & Property History for 498-500 River Street, Paterson

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No recorded sales for this property.

Title Documents for 498-500 River Street, Paterson

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
09/07/1977 - D Deed and Realty Tax Fees
                   
                   
                   
                   
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R: Recorded date
D: Document date

Property Taxes for 498-500 River Street, Paterson

Access detailed property tax data for 498-500 River Street, Paterson, NJ 07524. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $28,067
Market value $526,100

Assessment History for 498-500 River Street, Paterson

Here's the assessment & property tax history for 498-500 River Street, 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
2025 $526,100 $526,100 5.335 $28,067 +4.71%
2024 $526,100 $526,100 5.095 $26,805 +3.92%
2023 $526,100 $526,100 4.903 $25,795 +5.62%
2022 $526,100 $526,100 4.642 $24,422 +3.71%
2021 $526,100 $526,100 4.476 $23,548 +7.21%

Demographics by Zip Code

Total population 13,808
Median age 32.7
Average household income $63,852
Family households 81.1%
Occupied housing units 4,428
Owner occupied units 19.4%
Average number of people per household 3.11
Median year structure built 1938
Median value for units with a mortgage $409,200
Median value for units without a mortgage $353,900

Risk

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FEMA flood zone(s) X (See more on map)
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Geohazard zones map

Transportation

Access the detailed traffic volume map for 498-500 River Street, 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 498-500 River Street, Paterson

Here are the neighbors for 498-500 River Street, Paterson.

Address Square feet Purchase date Purchase price
502-504 River St, Paterson 369 08/09/1976
508 River St, Paterson 2,745 10/13/1999 $94,000
510-512 River St, Paterson 2,840 05/19/2016 $220,000
102 Butler St, Paterson 1,964 11/17/2025 $1
490-492 River St, Paterson 3,995 09/02/2021 $1
478-480 River St, Paterson 6,299 09/11/2017 $408,000
506 River St, Paterson 2,110 06/26/2023 $245,000
110-112 Butler St, Paterson 3,286 01/15/2019 $235,000
114 Butler St, Paterson 1,776 09/20/2023 $445,000
116 Butler St, Paterson 2,199 02/24/2021 $1
472 River St, Paterson 1,615 04/06/2005 $190,000
486-488 River St, Paterson 1,950 03/16/2018 $279,000
474-476 River St, Paterson 8,370 06/30/2022 $1,250,000
466-468 River St, Paterson 4,336 06/30/2021 $1
118 Butler St, Paterson 1,640 07/31/2023 $385,000
482-484 River St, Paterson 5,028 09/13/2021 $360,000
120 Butler St, Paterson 1,604 08/02/2021 $280,000
122-128 Butler St, Paterson 1,128 07/18/2016 $250,000
494-496 River St, Paterson 3,430 11/05/2018 $255,000
470 River St, Paterson 2,679 01/13/2025 $605,000

Nearby ZIP Codes for 498-500 River Street, Paterson

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