505 Market Street, Paterson, NJ 07501 Property Information
505 Market Street, Paterson, NJ 07501 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 505 Market Street, Paterson |
| Zip code | 07501 |
| County | Passaic |
| Municipality | Paterson City |
| Block | 4107 |
| Lot | 12 |
| Neighborhood | Wrigley Park |
Sales & Tax Overview for 505 Market Street, Paterson
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 05/16/2008 |
| Sale price | $75,000 |
| Arm's length | Register |
| Property tax | $2,746 |
Lot & Building Information for 505 Market Street, Paterson
| Building class | Commercial (4A) |
| Acreage | 0.059 |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 505 Market Street, Paterson
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- • Improvements for 505 Market 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).
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About 505 Market Street, Paterson
Assessed at $53,900, the tax amount paid for 505 Market Street, Paterson, NJ 07501 is $2,875.
When was 505 Market Street, Paterson, NJ 07501 last sold and what was the last sale price?505 Market Street, Paterson, NJ 07501 was last sold in 05/16/2008 for $75,000.
Ownership Information
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Past Sales & Property History for 505 Market Street, Paterson
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Title Documents for 505 Market Street, Paterson
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R: Recorded date
D: Document date
Property Taxes for 505 Market Street, Paterson
Access detailed property tax data for 505 Market Street, Paterson, NJ 07501. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $2,746 |
| Market value | $53,900 |
Assessment History for 505 Market Street, Paterson
Here's the assessment & property tax history for 505 Market 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 |
|---|---|---|---|---|---|
| 2024 | $53,900 | $53,900 | 5.095 | $2,746 | +3.92% |
| 2023 | $53,900 | $53,900 | 4.903 | $2,643 | +5.62% |
| 2022 | $53,900 | $53,900 | 4.642 | $2,502 | +3.71% |
| 2021 | $53,900 | $53,900 | 4.476 | $2,413 | +7.21% |
| 2020 | $53,900 | $53,900 | 4.175 | $2,250 | +0.99% |
Demographics By Zip Code
| Total population | 35,321 |
| Median age | 31 |
| Average household income | $61,770 |
| Family households | 65.5% |
| Occupied housing units | 12,335 |
| Owner occupied units | 16.0% |
| Average number of people per household | 2 |
| Median year structure built | 1969 |
| Median value for units with a mortgage | $307,800 |
| Median value for units without a mortgage | $276,400 |
Risk
Create a free account to unlock extended information for 505 Market 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) | X (See more on map) |
| Fire hazard zone | See more on map |
| Geohazard zones map | Register |
Transportation
Access the detailed traffic volume map for 505 Market 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 505 Market Street, Paterson
Here are the neighbors for 505 Market Street, Paterson.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 785 E 18th St, Paterson | 05/29/2015 | $12,500 | |
| 501 Market St, Paterson | 3,133 | ||
| 497 Market St, Paterson | 2,928 | 10/18/2023 | $532,000 |
| 493-495 Market St, Paterson | 8,280 | 07/24/2025 | $1 |
| 828 E 19th St, Paterson | 3,183 | 06/08/2004 | $295,000 |
| 40 17th Ave, Paterson | 2,052 | 08/31/2020 | $400,000 |
| 781-783 E 18th St, Paterson | 2,780 | 03/17/2025 | $675,000 |
| 779 E 18th St, Paterson | 2,049 | 02/13/1989 | $77,000 |
| 48 17th Ave, Paterson | 1,925 | 08/26/2002 | $180,000 |
| 820-822 E 19th St, Paterson | 2,333 | 06/24/2019 | $1 |
| 42 17th Ave, Paterson | 2,562 | 07/28/2016 | $162,000 |
| 789 E 18th St, Paterson | 2,300 | 04/18/1996 | |
| 787 E 18th St, Paterson | 2,339 | 04/06/2005 | $375,000 |
| 46 17th Ave, Paterson | 1,820 | 08/21/2024 | $397,320 |
| 44 17th Ave, Paterson | 2,376 | 02/24/2011 | $142,000 |
| 499 Market St, Paterson | 2,928 | 04/06/2022 | $30,000 |
| 503 Market St, Paterson | 2,250 | 05/16/2008 | $425,000 |
| 824-826 E 19th St, Paterson | 2,491 | 07/09/2025 | $1 |
| 818 E 19th St, Paterson | 2,587 | 07/16/2025 | $705,000 |
| 814-816 E 19th St, Paterson | 2,628 | 03/17/2025 | $1 |