Passaic County  »  07524  »  Franklin St  »  38-40 Franklin St

38-40 Franklin Street, Paterson, NJ 07524 Property Information

38-40 Franklin Street, Paterson, NJ 07524 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
Unlock this property report with a free account.

Access up-to-date information from property owner names to sales history, tax info, title documents, mortgages, development, maps, permits and more.
Sign Up Now
Research 100M+ property records powered by:
  • 2000+ governmental and public data sources
  • 80 dedicated analysts and researchers
  • 20+ years of real estate experience
Learn More

Photo & Map Show Hide

38-40 Franklin Street, Paterson, NJ 07524
static Mapbox map

Address

Primary address 38-40 Franklin Street, Paterson
Zip code 07524
County Passaic
Municipality Paterson City
Block 3016
Lot 1
Neighborhood Riverside

Sales & Tax Overview for 38-40 Franklin Street, Paterson

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 02/19/2025
Sale price $1
Arm's length
Property tax $3,969

Lot & Building Information for 38-40 Franklin Street, Paterson

Building class Commercial (4A)
Acreage 0.103
Unlock this property report with a free account.

Access up-to-date information from property owner names to sales history, tax info, title documents, mortgages, development, maps, permits and more.
Sign Up Now

Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


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

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 38-40 Franklin Street, Paterson

Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:

  • • Improvements for 38-40 Franklin Street, Paterson , including their type, square footage, grade and when they were built.
  • Development maps such as planimetric, zoning, land use and urban landscape maps (building age and stories).
Unlock all property data with a free account.
Sign up

About 38-40 Franklin Street, Paterson

What is the assessed value of 38-40 Franklin Street, Paterson, NJ 07524 and the property tax paid?

Assessed at $74,400, the tax amount paid for 38-40 Franklin Street, Paterson, NJ 07524 is $3,969.

When was 38-40 Franklin Street, Paterson, NJ 07524 last sold and what was the last sale price?

38-40 Franklin Street, Paterson, NJ 07524 was last sold in 02/19/2025 for $1.

Ownership Information

View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.

Real Estate Reports:
Laura Pop-Badiu, Jul 02, 2026 How to Find Foreclosed Homes Step-by-Step Using PropertyShark
To help real estate professionals find foreclosed homes in a timely and efficient manner, this guide breaks down every step of the research process — from understanding foreclosure status all the way to finding contact information for owners and looking past LLCs.
Eliza Theiss, Jun 23, 2026 NYC Resale Gains & Losses: Every Borough Made Money in 2025, Except Manhattan
In 2025, NYC home-sellers mostly made money. But, in Manhattan, resales came with losses — and it was apartments and recent buyers that absorbed them.
Laura Pop-Badiu, Jun 11, 2026 NYC Business Leaders on RTO: Survey Reveals Hybrid Still Dominates, Office Attendance Set to Rise
Hubble’s recent survey of 126 founders, CEOs and other decision-makers in New York City’s startup ecosystem revealed how local business leaders are approaching workplace strategy in 2026 and beyond.
Research 100M+ property records powered by:
  • 2000+ governmental and public data sources
  • 80 dedicated analysts and researchers
  • 20+ years of real estate experience
Learn More

Past Sales & Property History for 38-40 Franklin Street, Paterson

Create a free account to view the complete sales history for 38-40 Franklin Street, Paterson, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
02/19/2025 $1
08/29/2001 $220,000
       
       
       
Access the complete sales history for 38-40 Franklin Street, Paterson with a free account.
Sign up

Title Documents for 38-40 Franklin Street, Paterson

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
04/02/2025 - R
02/19/2025 - D
Deed and Realty Tax Fees
08/29/2001 - D Deed and Realty Tax Fees
                   
                   
                   
Unlock title documents, including buyer and seller information (when available).
Sign up

R: Recorded date
D: Document date

Property Taxes for 38-40 Franklin Street, Paterson

Access detailed property tax data for 38-40 Franklin Street, Paterson, NJ 07524. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $3,969
Market value $74,400

Assessment History for 38-40 Franklin Street, Paterson

Here's the assessment & property tax history for 38-40 Franklin 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 $74,400 $74,400 5.335 $3,969 +4.71%
2024 $74,400 $74,400 5.095 $3,791 +3.92%
2023 $74,400 $74,400 4.903 $3,648 -6.89%
2022 $84,400 $84,400 4.642 $3,918 +3.71%
2021 $84,400 $84,400 4.476 $3,778 +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%
People per household (average) 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

Create a free account to unlock extended information for 38-40 Franklin Street, 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) 0.2, X (See more on map)
Fire hazard zone See more on map
Geohazard zones map

Transportation

Access the detailed traffic volume map for 38-40 Franklin Street, Paterson to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

View daily traffic map

Neighbors for 38-40 Franklin Street, Paterson

Here are the neighbors for 38-40 Franklin Street, Paterson.

Address Square feet Purchase date Purchase price
41-47 Lafayette St, Paterson 02/19/2025 $1
76 Franklin St, Paterson 2,350 02/07/2002 $21,000
39-45 Summer St, Paterson 4,792 03/20/2025 $1,500,000
60-62 Franklin St, Paterson 03/20/2025 $1,500,000
62-64 Franklin St, Paterson 5,040 08/31/1987 $60,000
20 Franklin St, Paterson 09/25/2020 $2,000,000
66-72 Franklin St, Paterson 9,800 12/19/2008 $200,000
78-80 Franklin St, Paterson 2,085 08/09/1993 $70,000
15 Lafayette St, Paterson 1,440 07/13/2022 $1
24 Franklin St, Paterson 09/25/2020 $2,000,000
280-284 River St, Paterson 09/25/2020 $2,000,000
21-23 Lafayette St, Paterson 09/25/2020 $2,000,000
25-35 Lafayette St, Paterson 5,787 09/25/2020 $2,000,000
22 Franklin St, Paterson 09/25/2020 $2,000,000
286-288 River St, Paterson 09/25/2020 $2,000,000
42-44 Franklin St, Paterson 2,475 01/31/2006 $95,000
49-53 Lafayette St, Paterson 2,090 05/13/2025 $500,000
74 Franklin St, Paterson 1,650 02/18/2009 $43,500
28-32 Franklin St, Paterson 09/25/2020 $2,000,000
26 Franklin St, Paterson 09/25/2020 $2,000,000

Nearby ZIP Codes for 38-40 Franklin Street, Paterson

Not sure if we cover all the data-points you need? View sample full report View sample full report