Passaic County  »  07505  »  Market St  »  171-181 Market St

171-181 Market Street, Paterson, NJ 07505 - Property report

Also known as: 171-181 Market St

Property image for 171-181 Market Street, Paterson, NJ 07505
static Mapbox map

Property type

Store-Other (739)

Acreage

0.354

Sale price

$2,800,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
171-181 Market Street
ZIP code
07505
County
Passaic
Block
4406
Lot
7
Neighborhood
Downtown Paterson
Municipality
1608
Qualifier
Parcel ID
4406-7

Owner

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Sales
Sale date
09/01/2021
Sale price
$2,800,000
Arm's length
Tax
Tax year
2026
Current property tax
$299,336
Building
Property type
Store-Other (739)
Building sq. ft.
60,400
Exterior structural material
Lot
Acreage
0.354
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
64 /100.  Good Transit
Bike score
48 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 171-181 Market Street, Paterson, NJ

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 171-181 Market Street, Paterson, NJ 07505

Sale date Sale price Buyer name Seller name
09/01/2021 $2,800,000 XXX XXX XXXXXX XX XXXXXXXX XXXX XXX XXX XXX XXXXXX XXXXXX XXXXXXXX XXX
06/05/2019 $2,650,000 XXX XXX XXXXXX XXXXXX XXXXXXXX XXX XXXXXXXX XXX XXXXXX XXX
06/05/2007 $2,985,000 XXXXXXXX XXX XXXXXX XXX XXX XXX XXXXXX XX XXX

*Most recent sales on record for this property.

More about Passaic County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
06/26/2024 - R
06/20/2024 - D
Mortgage XXX XXX XXXXXX XX XXXXXXXX XXXX XXX XXXXXXX XXXX
06/26/2024 - R
06/20/2024 - D
Mortgage XXX XXX XXXXXX XX XXXXXXXX XXXX XXX XXXXXXX XXXX
06/23/2023 - R
09/01/2021 - D
Mortgage XXX XXX XXXXXX XX XXXXXXXX XXXX XXX XXXXXXX XXXXXXX
06/23/2023 - R
09/01/2021 - D
Mortgage XXX XXX XXXXXX XX XXXXXXXX XXXX XXX XXXXXXX XXXXXXX
06/23/2023 - R
09/01/2021 - D
Deed and Realty Tax Fees XXX XXX XXXXXX XXXXXX XXXXXXXX XXX XXX XXX XXXXXX XX XXXXXXXX XXXX XXX
06/26/2019 - R
06/05/2019 - D
Mortgage XXX XXX XXXXXX XXXXXX XXXXXXXX XXX XXX XXXXXXXXX XXXX
06/26/2019 - R
06/05/2019 - D
Mortgage XXX XXX XXXXXX XXXXXX XXXXXXXX XXX XXX XXXXXXXXX XXXX
06/26/2019 - R
06/05/2019 - D
Deed and Realty Tax Fees XXXXXXXX XXX XXXXXX XXX XXX XXX XXXXXX XXXXXX XXXXXXXX XXX
06/20/2007 - R
06/05/2007 - D
Deed and Realty Tax Fees XXX XXX XXXXXX XX XXX XXXXXXXX XXX XXXXXX XXX
06/05/2007 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 171-181 Market Street, 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
$299,336
Recent tax assessments
Market value
$5,610,800
Land value
$1,644,400
Building value
$3,966,400

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 $3,015,700 $3,015,700 5.335 $160,888 +4.71%
2024 $3,015,700 $3,015,700 5.095 $153,650 +3.92%
2023 $3,015,700 $3,015,700 4.903 $147,860 +5.62%
2022 $3,015,700 $3,015,700 4.642 $139,989 +3.71%
2021 $3,015,700 $3,015,700 4.476 $134,983 +7.21%
2020 $3,015,700 $3,015,700 4.175 $125,905 -39.28%
2019 $5,015,700 $5,015,700 4.134 $207,349 +4.13%
2018 $4,603,200 $4,603,200 4.326 $199,134 +22.19%
2017 $3,917,600 $3,917,600 4.16 $162,972 -4.13%
2016 $3,917,600 $3,917,600 4.339 $169,985 +5.62%

Permit information for 171-181 Market Street, Paterson, NJ

No recently recorded permits for this property.

Demographics by ZIP code

Total population
4,691
Median age
38.2
Average household income
$48,168
Family households
53.7%
People per household (average)
2.47
Occupied housing units
1,649
Owner-occupied units
1.1%
Median year structure built
1954

Risk

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FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 171-181 Market Street, Paterson, NJ 07505 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the market value of 171-181 Market Street, Paterson, NJ 07505?

The current market value of 171-181 Market Street, Paterson, NJ 07505 is $5,610,800.

What is the total square footage of 171-181 Market Street, Paterson, NJ 07505?

171-181 Market Street, Paterson, NJ 07505 has a total of 60,400 square feet.

What is the price per square foot for this property?

$46 per square foot is the price for 171-181 Market Street, Paterson, NJ 07505.

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