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120 Market Street, Paterson, NJ 07505 Property Information

120 Market Street, Paterson, NJ 07505 Property Information

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

Primary address 120 Market Street, Paterson
Zip code 07505
County Passaic
Municipality Paterson City
Block 6201
Lot 2
Neighborhood Downtown Paterson

Sales & Tax Overview for 120 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 06/24/2005
Sale price $252,967
Arm's length
Property tax $37,275

Lot & Building Information for 120 Market Street, Paterson

Building sqft 7,764
Building class Commercial (4A)
Acreage 0.06
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
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 120 Market Street, Paterson

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About 120 Market Street, Paterson

How many square feet does 120 Market Street, Paterson, NJ 07505 have?

This Commercial (4A) located at 120 Market Street, Paterson, NJ 07505 has a total of 7,764 square feet.

What is the assessed value of 120 Market Street, Paterson, NJ 07505 and the property tax paid?

Assessed at $731,600, the tax amount paid for 120 Market Street, Paterson, NJ 07505 is $39,030.

When was 120 Market Street, Paterson, NJ 07505 last sold and what was the last sale price?

120 Market Street, Paterson, NJ 07505 was last sold in 06/24/2005 for $252,967.

Ownership Information

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Real Estate Reports:
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
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Past Sales & Property History for 120 Market Street, Paterson

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Purchase date Purchase price Buyer name Seller name
06/24/2005 $252,967

Title Documents for 120 Market Street, Paterson

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
06/24/2005 - D Deed and Realty Tax Fees
                   
                   
                   
                   
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R: Recorded date
D: Document date

Property Taxes for 120 Market Street, Paterson

Access detailed property tax data for 120 Market Street, Paterson, NJ 07505. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $37,275
Market value $731,600

Assessment History for 120 Market Street, Paterson

Here's the assessment & property tax history for 120 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 $731,600 $731,600 5.095 $37,275 +3.92%
2023 $731,600 $731,600 4.903 $35,870 +5.62%
2022 $731,600 $731,600 4.642 $33,961 +3.71%
2021 $731,600 $731,600 4.476 $32,746 +7.21%
2020 $731,600 $731,600 4.175 $30,544 +4.95%

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

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Geohazard zones map

Transportation

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Neighbors for 120 Market Street, Paterson

Here are the neighbors for 120 Market Street, Paterson.

Address Square feet Purchase date Purchase price
449 Main St, Paterson 03/26/2024 $1
451 Main St, Paterson 03/26/2024 $1
12 Hamilton St, Paterson 09/05/2008 $100,000
14 Hamilton St, Paterson 09/05/2008 $2,850,000
435-439 Main St, Paterson 20,000 03/26/2024 $1
429-433 Main St, Paterson 5,044 03/26/2024 $1
124-126 Market St, Paterson 28,872 08/09/2022 $1
22 Hamilton St, Paterson 09/05/2008 $2,850,000
249-255 Main St, Paterson 7,197 02/16/2022 $825,000
7-35 Green St, Paterson 15,599 10/08/2002 $8,000,000
122 Market St, Paterson 6,645 08/09/2022 $1
20 Hamilton St, Paterson 09/05/2008 $2,850,000
24 Hamilton St, Paterson 09/05/2008 $2,850,000
443-447 Main St, Paterson 7,200 03/26/2024 $1
46-50 Jackson St, Paterson 1,591 03/26/2024 $1
441 Main St, Paterson 2,400 03/26/2024 $1
453-455 Main St, Paterson 03/26/2024 $1
16 Hamilton St, Paterson 09/05/2008 $2,850,000
18 Hamilton St, Paterson 09/05/2008 $2,850,000
26 Hamilton St, Paterson 05/04/1976

Nearby ZIP Codes for 120 Market Street, Paterson

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