Passaic County  »  07501  »  Market St  »  296-298 Market St

296-298 Market Street, Paterson, NJ 07501 - Property report

Also known as: 296-298 Market St

Property image for 296-298 Market Street, Paterson, NJ 07501
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Property type

Commercial-Other (100)

Acreage

0.099

Sale price

$1

General information

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Address
Primary address
296-298 Market Street
ZIP code
07501
County
Passaic
Block
6207
Lot
2
Neighborhood
Wrigley Park
Municipality
1608
Qualifier
Parcel ID
6207-2

Owner

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Sales
Sale date
09/15/2025
Sale price
$1
Arm's length
Tax
Tax year
2026
Current property tax
$68,870
Building
Property type
Commercial-Other (100)
Building sq. ft.
12,503
Exterior structural material
Lot
Acreage
0.099
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

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

Ownership information for 296-298 Market Street, Paterson, NJ

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

Sales history for 296-298 Market Street, Paterson, NJ 07501

Sale date Sale price Buyer name Seller name
09/15/2025 $1 XXXXXXXXXX XXXXXXXXX XXXX XXX X XX XXXXXXXXXX XXX; XXXXXX XXXXXXX XXXX
09/16/2021 $1,600,000 XXX XXXXXXXXXX XXX XXXXXXXX XXXXXX; XXXXXXXX XXXX
08/12/2008 $700,000

*Most recent sales on record for this property.

More about Passaic County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
09/22/2025 - R
09/15/2025 - D
Deed and Realty Tax Fees X XX XXXXXXXXXX XXX XXXXXXXXXX XXXXXXXXX XXXX XXX
09/22/2025 - R
09/15/2025 - D
Mortgage X XX XXXXXXXXXX XXX XXXXXX XXXXXXX XXXX
09/22/2025 - R
09/15/2025 - D
Mortgage X XX XXXXXXXXXX XXX XXXXXX XXXXXXX XXXX
09/30/2021 - R
09/16/2021 - D
Mortgage X XX XXXXXXXXXX XXX XXXXXXXX XXXXXX
09/30/2021 - R
09/16/2021 - D
Deed and Realty Tax Fees XXXXXXXX XXXXXX XXX XXXXXXXXXX XXX
08/12/2008 - D Deed and Realty Tax Fees
06/30/2003 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 296-298 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
$68,870
Recent tax assessments
Market value
$1,290,900
Land value
$238,300
Building value
$1,052,600

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 $727,800 $727,800 5.335 $38,828 +4.71%
2024 $727,800 $727,800 5.095 $37,081 +3.92%
2023 $727,800 $727,800 4.903 $35,684 +5.62%
2022 $727,800 $727,800 4.642 $33,784 +3.71%
2021 $727,800 $727,800 4.476 $32,576 +7.21%
2020 $727,800 $727,800 4.175 $30,386 +4.94%
2019 $700,400 $700,400 4.134 $28,955 +6.27%
2018 $629,800 $629,800 4.326 $27,245 +9.58%
2017 $597,700 $597,700 4.16 $24,864 -4.13%
2016 $597,700 $597,700 4.339 $25,934 +5.62%

Permit information for 296-298 Market Street, Paterson, NJ

No recently recorded permits for this property.

Demographics by ZIP code

Total population
35,481
Median age
31.1
Average household income
$65,414
Family households
66.5%
People per household (average)
2.86
Occupied housing units
12,253
Owner-occupied units
16.1%
Median year structure built
1970
Median value mortgaged units
$350,200
Median value unmortgaged units
$274,100

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 296-298 Market Street, Paterson, NJ 07501 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 total square footage of 296-298 Market Street, Paterson, NJ 07501?

296-298 Market Street, Paterson, NJ 07501 has a total of 12,503 square feet.

When was 296-298 Market Street, Paterson, NJ 07501 last sold and what was the sale price?

296-298 Market Street, Paterson, NJ 07501 was last sold on 09/15/2025 for $1.

What is the assessed value of 296-298 Market Street, Paterson, NJ 07501?

296-298 Market Street, Paterson, NJ 07501 is currently assessed at $1,290,900.

What are the property taxes for 296-298 Market Street, Paterson, NJ 07501?

The property taxes for 296-298 Market Street, Paterson, NJ 07501 total $68,869.

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