298-300 Main Street, Paterson, NJ 07505 Property Information
298-300 Main Street, Paterson, NJ 07505 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 298-300 Main Street, Paterson |
| Zip code | 07505 |
| County | Passaic |
| Municipality | Paterson City |
| Block | 4704 |
| Lot | 25 |
| Neighborhood | Downtown Paterson |
Sales & Tax Overview for 298-300 Main Street, Paterson
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 07/22/2024 |
| Sale price | $4,000,000 |
| Arm's length | Register |
| Property tax | $118,902 |
Lot & Building Information for 298-300 Main Street, Paterson
| Building sqft | 81,268 |
| Building class | Office Building |
| Acreage | 0.287 |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 298-300 Main Street, Paterson
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- • Improvements for 298-300 Main 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 298-300 Main Street, Paterson
This Office Building (SCILSO) located at 298-300 Main Street, Paterson, NJ 07505 has a total of 81,268 square feet and a current price per square foot of $49.
What is the market value of 298-300 Main Street, Paterson, NJ 07505?The current market value is $2,333,700.
Ownership Information
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Spaces for Sale in 298-300 Main Street, Paterson
| Listing type | For Sale |
|---|---|
| Listing date | 04/13/2025 |
| Last updated | 04/13/2025 |
| Lot size | 0.29 Acre |
Prime mixed-use opportunity in the heart of downtown Paterson, featuring 50 ft of frontage on Main Street and located within a DCHD Opportunity Zone. The property offers 6 stories with B-4 zoning and a generous FAR of 5.08, allowing for significant potential. The first and second floors are ideal for retail, while the upper floors are currently used for storage. Ownership has successfully appealed the taxes, reducing the annual tax liability to $78,000.
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Past Sales & Property History for 298-300 Main Street, Paterson
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*Here are the three most recent sales for this property.
Title Documents for 298-300 Main Street, Paterson
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R: Recorded date
D: Document date
Property Taxes for 298-300 Main Street, Paterson
Access detailed property tax data for 298-300 Main Street, Paterson, NJ 07505. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $118,902 |
| Market value | $2,333,700 |
Assessment History for 298-300 Main Street, Paterson
Here's the assessment & property tax history for 298-300 Main 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 | $2,333,700 | $2,333,700 | 5.095 | $118,902 | +3.92% |
| 2023 | $2,333,700 | $2,333,700 | 4.903 | $114,421 | +5.62% |
| 2022 | $2,333,700 | $2,333,700 | 4.642 | $108,330 | +3.71% |
| 2021 | $2,333,700 | $2,333,700 | 4.476 | $104,456 | +7.21% |
| 2020 | $2,333,700 | $2,333,700 | 4.175 | $97,432 | -10.89% |
Demographics By Zip Code
| Total population | 4,617 |
| Median age | 37 |
| Average household income | $46,920 |
| Family households | 50.2% |
| Occupied housing units | 1,593 |
| Owner occupied units | 1.6% |
| Average number of people per household | 2 |
| Median year structure built | 1948 |
| Median value for units with a mortgage | $0 |
| Median value for units without a mortgage | $0 |
Risk
Create a free account to unlock extended information for 298-300 Main 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 298-300 Main 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 298-300 Main Street, Paterson
Here are the neighbors for 298-300 Main Street, Paterson.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 79 Cianci St, Paterson | 09/17/2013 | $4,300,000 | |
| 12 Elm St, Paterson | 3,012 | 05/22/2025 | $1 |
| 45 Ward St, Paterson | 10/14/1987 | $305,000 | |
| 274 Main St, Paterson | 4,730 | 05/04/2018 | $900,000 |
| 77 Cianci St, Paterson | 08/20/2010 | ||
| 51 Mill St, Paterson | 3,369 | 03/27/2025 | $800,000 |
| 282-286 Main St, Paterson | 6,750 | 05/23/2023 | $1 |
| 280 Main St, Paterson | 7,014 | 08/02/2023 | $1 |
| 75 Cianci St, Paterson | 4,253 | 01/29/2018 | $1 |
| 14 Elm St, Paterson | 1,761 | 08/09/2021 | $280,000 |
| 71-73 Cianci St, Paterson | 1,220 | 05/22/2008 | $200,000 |
| 95 Cianci St, Paterson | 1,568 | 07/22/2024 | $4,000,000 |
| 306-308 Main St, Paterson | 6,120 | 11/28/2023 | $1,500,000 |
| 288 Main St, Paterson | 78,222 | 09/17/2013 | $4,300,000 |
| 10 Elm St, Paterson | 2,394 | 12/18/2018 | $1 |
| 296 Main St, Paterson | 6,900 | 11/12/2021 | $950,000 |
| 276 Main St, Paterson | 1,655 | 01/27/2014 | $100 |
| 290-294 Main St, Paterson | 41,900 | 05/23/2023 | $1 |
| 302-304 Main St, Paterson | 9,253 | 11/28/2023 | $1,500,000 |
| 272 Main St, Paterson | 2,337 | 05/05/2016 | $995,000 |