| Primary address | 16 Market Street, Paterson |
| Zip code | 07501 |
| County | Passaic |
| Municipality | Paterson City |
| Block | 4702 |
| Lot | 1 |
| Neighborhood | Downtown Paterson |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 07/05/2012 |
| Sale price | $1 |
| Property tax | $94,375 |
| Building sqft | 62,352 |
| Building class | Industrial (4B) |
| Acreage | 1.237 |
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 Industrial (4B) located at 16 Market Street, Paterson, NJ 07501 has a total of 62,352 square feet.
What is the market value of 16 Market Street, Paterson, NJ 07501?The current market value is $1,852,300.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
| Listing type | For Lease |
|---|---|
| Last updated | 04/16/2026 |
| Lot size | 13.63 Acre |
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 43 Jersey Street | Flex - Industrial | $8.50/Sqft/Year | 4,359 | David Kessler |
| 68 Mill Street | Flex - Industrial | $10.50/Sqft/Year | 16,286 | David Kessler |
Create a free account to view the complete sales history for 16 Market Street, Paterson, including title documents, transfer conditions, mortgages and liens.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 07/05/2012 | $1 | Register | Register |
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 16 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 | $94,375 |
| Market value | $1,852,300 |
Here's the assessment & property tax history for 16 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 | $1,852,300 | $1,852,300 | 5.095 | $94,375 | +3.92% |
| 2023 | $1,852,300 | $1,852,300 | 4.903 | $90,818 | +5.62% |
| 2022 | $1,852,300 | $1,852,300 | 4.642 | $85,984 | +3.71% |
| 2021 | $1,852,300 | $1,852,300 | 4.476 | $82,909 | +7.21% |
| 2020 | $1,852,300 | $1,852,300 | 4.175 | $77,334 | +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 16 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 16 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 16 Market Street, Paterson.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 38 Mill St, Paterson | 12,960 | 06/21/2017 | $1 |
| 57 Jersey St, Paterson | 3,920 | 01/28/2002 | |
| 54-56 Jersey St, Paterson | |||
| 15-17 Market St, Paterson | 06/30/2004 | $450,000 | |
| 49-53 Jersey St, Paterson | 5,250 | 01/28/2002 | |
| 58 Jersey St, Paterson | |||
| 22 Market St, Paterson | 3,928 | 05/24/2002 | $305,000 |
| 58-80 Mill St, Paterson | 31,030 | 01/28/2002 | |
| 82 Mill St, Paterson | 01/21/2022 | $30,000 | |
| 14 Market St, Paterson | 06/30/2004 | $450,000 | |
| 52 Jersey St, Paterson | |||
| 59 Spruce St, Paterson | 39,524 | 12/30/1986 | |
| 15-35 Spruce St, Paterson | 51,074 | 06/20/1978 | |
| 21 Market St, Paterson | 53,316 | 02/10/2022 | $1,400,000 |
| 149 Oliver St, Paterson | 2,084 | 01/08/1992 | |
| 43 Jersey St, Paterson | 7,207 | 01/28/2002 | |
| 2-50 Jersey St, Paterson | 65,741 | 12/30/1986 | |
| 56 Mill St, Paterson | 930 | 01/28/2002 | |
| 45-47 Jersey St, Paterson | 3,750 | 01/28/2002 | |
| 13 Market St, Paterson | 36,000 | 07/09/1977 |