| Primary address | 487 Market Street, Paterson |
| Zip code | 07501 |
| County | Passaic |
| Municipality | Paterson City |
| Block | 4108 |
| Lot | 15 |
| Neighborhood | Wrigley Park |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 08/17/2021 |
| Sale price | $530,000 |
| Arm's length | Register |
| Property tax | $18,831 |
| Building sqft | 6,300 |
| Building class | Commercial-Other (100) |
| Acreage | 0.093 |
| Units | 6 |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
This Commercial-Other (100) located at 487 Market Street, Paterson, NJ 07501 has a total of 6,300 square feet.
What is the assessed value of 487 Market Street, Paterson, NJ 07501 and the property tax paid?Assessed at $369,600, the tax amount paid for 487 Market Street, Paterson, NJ 07501 is $19,718.
When was 487 Market Street, Paterson, NJ 07501 last sold and what was the last sale price?487 Market Street, Paterson, NJ 07501 was last sold in 08/17/2021 for $530,000.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
Create a free account to view the complete sales history for 487 Market Street, Paterson, including title documents, transfer conditions, mortgages and liens.
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.
R: Recorded date
D: Document date
Access detailed property tax data for 487 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 | $18,831 |
| Market value | $369,600 |
Here's the assessment & property tax history for 487 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 | $369,600 | $369,600 | 5.095 | $18,831 | +3.92% |
| 2023 | $369,600 | $369,600 | 4.903 | $18,121 | +5.62% |
| 2022 | $369,600 | $369,600 | 4.642 | $17,157 | +3.71% |
| 2021 | $369,600 | $369,600 | 4.476 | $16,543 | +7.21% |
| 2020 | $369,600 | $369,600 | 4.175 | $15,431 | +0.99% |
| 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 |
Create a free account to unlock extended information for 487 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 |
Access the detailed traffic volume map for 487 Market 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 |
Here are the neighbors for 487 Market Street, Paterson.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 53 Pennington St, Paterson | 3,336 | 03/23/2021 | $1 |
| 55 Pennington St, Paterson | 3,336 | 08/05/2025 | $1 |
| 304-308 Broadway, Paterson | 9,426 | 07/26/2021 | $1,620,000 |
| 788 E 18th St, Paterson | 2,796 | 09/18/2019 | $335,000 |
| 782 E 18th St, Paterson | 2,871 | 12/29/2017 | $279,995 |
| 30 17th Ave, Paterson | 4,378 | 12/17/2012 | $68,900 |
| 786 E 18th St, Paterson | 2,967 | 01/08/2020 | $410,000 |
| 780 E 18th St, Paterson | 2,976 | 12/28/2010 | $195,000 |
| 28 17th Ave, Paterson | 3,243 | 10/14/2025 | $649,000 |
| 26 17th Ave, Paterson | 3,588 | 04/04/2022 | $485,000 |
| 479 Market St, Paterson | 2,889 | 08/29/2022 | $390,000 |
| 310-312 Broadway, Paterson | 2,813 | 06/26/2025 | $10 |
| 314 Broadway, Paterson | 3,756 | 05/09/2023 | $275,000 |
| 790 E 18th St, Paterson | 3,195 | 09/16/2019 | $385,000 |
| 461-473 Market St, Paterson | 87,616 | 04/22/2025 | $10 |
| 491 Market St, Paterson | 1,504 | 07/24/2025 | $1 |
| 481-483 Market St, Paterson | 6,036 | 11/16/2012 | $305,000 |
| 316 Broadway, Paterson | 3,781 | 09/17/2008 | $175,000 |
| 483 Market St, Paterson | 6,300 | 05/02/2023 | $1 |
| 784 E 18th St, Paterson | 2,862 | 01/21/2021 | $379,000 |