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253 Market Street, Paterson, NJ 07505 Property Information

253 Market Street, Paterson, NJ 07505 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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253 Market Street, Paterson, NJ 07505
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Address

Primary address 253 Market Street, Paterson
Zip code 07505
County Passaic
Municipality Paterson City
Block 4311
Lot 3
Neighborhood Downtown Paterson

Sales & Tax Overview for 253 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 02/06/2020
Sale price $1
Arm's length
Current property tax $0

Lot & Building Information for 253 Market Street, Paterson

Building class Public Property (15C)
Acreage 0.737
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district Central Business (B-4)
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 253 Market Street, Paterson

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About 253 Market Street, Paterson

What is the assessed value of 253 Market Street, Paterson, NJ 07505 and the property tax paid?

Assessed at $924,400, the tax amount paid for 253 Market Street, Paterson, NJ 07505 is $49,316.

When was 253 Market Street, Paterson, NJ 07505 last sold and what was the last sale price?

253 Market Street, Paterson, NJ 07505 was last sold in 02/06/2020 for $1.

Ownership Information

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Real Estate Reports:
Eliza Theiss, Jun 04, 2026 World Cup or Your Mortgage/Rent? Ticket Prices Rival Host City Housing Costs
World Cup ticket prices rival monthly housing expenses in the 11 U.S. host cities, with even the cheapest seats covering weeks or even months of rent or mortgage payments.
Lucian Alixandrescu, May 27, 2026 NYC Office Market Ahead of National Curve: Manhattan Q1 Vacancy Drops to 13.1% 
New York City’s office market outpaced the U.S. on several major metrics in Q1, with Manhattan vacancy nearly 5 percentage points below the national benchmark, asking rents climbing against a downward national trend and flex inventory crossing 15 million square feet.
Laura Pop-Badiu, May 21, 2026 How to Find Land Boundaries: Free & Paid Methods
If you need to find land boundaries fast, you can start with a free county parcel/GIS viewer or a premium platform like PropertyShark to see an approximate parcel outline and lot data. However, keep in mind that a web-based land boundaries map is a starting point, not the legal finish line.
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Past Sales & Property History for 253 Market Street, Paterson

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Purchase date Purchase price Buyer name Seller name
02/06/2020 $1

Title Documents for 253 Market 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
02/27/2020 - R
02/06/2020 - D
Deed and Realty Tax Fees
                   
                   
                   
                   
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R: Recorded date
D: Document date

Property Taxes for 253 Market Street, Paterson

Access detailed property tax data for 253 Market Street, Paterson, NJ 07505. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Base tax $49,317
Current property tax $0
Market value $924,400

Assessment History for 253 Market Street, Paterson

Here's the assessment & property tax history for 253 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
2025 $924,400 $924,400 5.335 $49,317 +4.71%
2024 $924,400 $924,400 5.095 $47,098 +3.92%
2023 $924,400 $924,400 4.903 $45,323 +5.62%
2022 $924,400 $924,400 4.642 $42,911 +3.71%
2021 $924,400 $924,400 4.476 $41,376 +7.21%

Risk

Create a free account to unlock extended information for 253 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

Transportation

Access the detailed traffic volume map for 253 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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Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
Alexander Hamilton Academy 2 Public K-8 508 0.05
Norman S. Weir Elementary School 6 Public K-8 262 0.16
Dale Avenue Elementary School NR Public PK, K-2 263 0.17
Dale Avenue Elementary School NR Public PK, K-2 263 0.17
Young Mens Academy 3 Public 3-8 65 0.18

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
Alexander Hamilton Academy 2 Public K-8 508 0.05
Norman S. Weir Elementary School 6 Public K-8 262 0.16
Young Mens Academy 3 Public 3-8 65 0.18
Trust-N-Us Christian Academy NR Private PK, K-8 0 0.32
True Vine Fellowship Ministry NR Private PK, K-8 0 0.41

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Paterson P-Tech 2 Public 9-12 202 0.05
Newcomers High School NR Public 9-12 37 0.20
Alternative High School - Yes Academy NR Public 9-12 125 0.24
Eastside High School NR Public 9-12 2,323 0.43
High School Govern & Public Admin NR Public 9-12 695 0.43

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 253 Market Street, Paterson

Here are the neighbors for 253 Market Street, Paterson.

Address Square feet Purchase date Purchase price
274 Ellison St, Paterson 2,594 08/01/2025 $560,000
266-270 Ellison St, Paterson
11-27 16th Ave, Paterson 32,354 08/11/2022 $8,250,000
272 Ellison St, Paterson
177 Paterson St, Paterson
203-211 Straight St, Paterson 03/27/1984 $4,100
224 Straight St, Paterson 08/11/2022 $8,250,000
175 Paterson St, Paterson
179 Paterson St, Paterson
183 Paterson St, Paterson
276 Ellison St, Paterson 3,945 07/31/2024 $10
219-229 Ellison St, Paterson 03/01/1999 $390,000
237-251 Market St, Paterson 22,232 01/24/2000
193-215 Paterson St, Paterson 12/22/2006 $750,000
204-206 Van Houten St, Paterson 36,720 01/05/2024 $10
236-252 Ellison St, Paterson 3,340 05/10/2001 $250,000
216-220 Straight St, Paterson 71,990 03/09/2018 $9,260,916
220-222 Ellison St, Paterson 13,425 02/21/2025 $2,850,000
181 Paterson St, Paterson
187 Paterson St, Paterson

Nearby ZIP Codes for 253 Market Street, Paterson

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