Passaic County » 07514 » Madison Ave » 551 Madison Ave

551 Madison Avenue, Paterson, NJ 07514 - Property report

Also known as: 551 Madison Ave

Property image for 551 Madison Avenue, Paterson, NJ 07514

Property type

Residential (2)

Acreage

0.079

Sale price

$370,000

General information

Address

Primary address

551 Madison Avenue

ZIP code

07514

County

Passaic

Block

3403

Lot

Neighborhood

Eastside Paterson

Municipality

1608

Parcel ID

3403-32

Sales

Sale date

02/11/2019

Sale price

$370,000

Arm's length

Tax

Tax year

2026

Current property tax

$38,391

Building

Property type

Residential (2)

Building sq. ft.

2,584

Exterior structural material

Lot

Acreage

0.079

Zoning & Use

Zoning

Units

Area overview

Walk score

83 /100. Very Walkable

Transit score

48 /100. Some Transit

Bike score

50 /100. Bikeable

Broadband internet providers and speed map

Types of broadband connections

Ownership

Ownership information for 551 Madison Avenue, Paterson, NJ

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 551 Madison Avenue, Paterson, NJ 07514

Sale date	Sale price	Buyer name	Seller name
02/11/2019	$370,000	XXXXXXXXX XXXX X	XXX XXXXXXX XXXXXX XXX; XXXXXXXXX XXXXXXXX
01/31/2018	$90,000	XXX XXXXXXX XXXXXX XXX	XXXXXXXXX XXXX X; XXXXXXXX XXXX; XXXXXXXX XXXXX X; XXXXXXXX XXXXX; XXXXXXXX XXXXX; XXXXX XXXXXX X

*Most recent sales on record for this property.

More about Passaic County property records.

Title documents

Date	Type	Party 1	Party 2
08/14/2024 - R 08/07/2024 - D	Mortgage	XXXXXXXXX XXXX X	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
08/30/2022 - R 08/23/2022 - D	Mortgage	XXXXXXXXX XXXX X	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
03/16/2020 - R 03/03/2020 - D	Mortgage	XXXXXXXXX XXXX X	XXXXXXX XXXXXXXX XXXX
02/27/2019 - R 02/11/2019 - D	Mortgage	XXXXXXXXX XXXX X	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
02/27/2019 - R 02/11/2019 - D	Deed and Realty Tax Fees	XXX XXXXXXX XXXXXX XXX	XXXXXXXXX XXXX X
02/23/2018 - R 01/31/2018 - D	Mortgage	XXX XXXXXXX XXX XXX	XXX XXX XXX
02/23/2018 - R 01/31/2018 - D	Mortgage	XXX XXXXXXX XXX XXX	XXX XXX XXX
02/23/2018 - R 01/31/2018 - D	Deed and Realty Tax Fees	XXXXXXXXX XXXX X	XXX XXXXXXX XXXXXX XXX
01/31/2018 - D	Deed and Realty Tax Fees
05/22/1978 - D	Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 551 Madison 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

$38,391

Recent tax assessments

Market value

$719,600

Land value

$89,400

Building value

$630,200

More about Passaic County property taxes

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	$334,600	$334,600	5.335	$17,851	+4.71%
2024	$334,600	$334,600	5.095	$17,048	+3.92%
2023	$334,600	$334,600	4.903	$16,405	+5.62%
2022	$334,600	$334,600	4.642	$15,532	+3.71%
2021	$334,600	$334,600	4.476	$14,977	+7.21%
2020	$334,600	$334,600	4.175	$13,970	+89.74%
2019	$178,100	$178,100	4.134	$7,363	+7.18%
2018	$158,800	$158,800	4.326	$6,870	+4.78%
2017	$157,600	$157,600	4.16	$6,556	-9.25%
2016	$166,500	$166,500	4.339	$7,224	+5.62%

Permits

Permit information for 551 Madison Avenue, Paterson, NJ

No recently recorded permits for this property.

Neighborhood

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

View daily traffic map

Access the detailed traffic volume map for 551 Madison Avenue, Paterson, NJ 07514 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Schools

Nearest elementary schools

Name	Rating	Type	Grade range	No of students	Distance (miles)
School 21	1	Public	PK, K-8	690	0.16
School 21	1	Public	PK, K-8	690	0.16
Paterson Come-Unity	NR	Private	K-8	0	0.24
Dr Fh Lagarde Sr Academy	NR	Private	PK, K-6	74	0.25
Dr Fh Lagarde Sr Academy	NR	Private	PK, K-6	74	0.25
School 13	2	Public	K-8	680	0.36
Senator Frank Lautenberg School	1	Public	K-8	585	0.49
School 26	1	Public	PK, K-8	562	0.52
School 26	1	Public	PK, K-8	562	0.52
School 1	6	Public	K-5	238	0.52

Nearest middle schools

Name	Rating	Type	Grade range	No of students	Distance (miles)
School 21	1	Public	PK, K-8	690	0.16
Paterson Come-Unity	NR	Private	K-8	0	0.24
School 13	2	Public	K-8	680	0.36
Senator Frank Lautenberg School	1	Public	K-8	585	0.49
School 26	1	Public	PK, K-8	562	0.52
Trust-N-Us Christian Academy	NR	Private	PK, K-8	0	0.58
School 10	1	Public	K-8	569	0.59
Our Lady of Lourdes School	NR	Private	PK, K-8	0	0.66
St. Therese Elementary School	NR	Private	PK, K-8	0	0.73
School 11 (Newcomers)	NR	Public	3-11	160	0.73

Nearest high schools

Name	Rating	Type	Grade range	No of students	Distance (miles)
Rosa Parks Arts High School	1	Public	9-12	252	0.32
High School Of Info Tech	NR	Public	9-12	657	0.65
High School Govern & Public Admin	NR	Public	9-12	695	0.65
High School Hospitality Tour & Culinary Arts	NR	Public	9-12	653	0.65
Eastside High School	NR	Public	9-12	2,323	0.65
School 11 (Newcomers)	NR	Public	3-11	160	0.73
Alternative High School - Yes Academy	NR	Public	9-12	125	0.80
Paterson P-Tech	2	Public	9-12	202	0.90
Paterson Catholic High School	NR	Private	9-12	0	0.99
Newcomers High School	NR	Public	9-12	37	1.02

Frequently asked questions

What is the total square footage of 551 Madison Avenue, Paterson, NJ 07514?

551 Madison Avenue, Paterson, NJ 07514 has a total of 2,584 square feet.

When was 551 Madison Avenue, Paterson, NJ 07514 last sold and what was the sale price?

551 Madison Avenue, Paterson, NJ 07514 was last sold on 02/11/2019 for $370,000.

What is the assessed value of 551 Madison Avenue, Paterson, NJ 07514?

551 Madison Avenue, Paterson, NJ 07514 is currently assessed at $719,600.

What are the property taxes for 551 Madison Avenue, Paterson, NJ 07514?

The property taxes for 551 Madison Avenue, Paterson, NJ 07514 total $38,390.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.