Passaic County  »  07501  »  Market St  »  422-424 Market St

422-424 Market Street, Paterson, NJ 07501 - Property report

Also known as: 422-424 Market St

Property image for 422-424 Market Street, Paterson, NJ 07501
static Mapbox map

Property type

Store with Residential (738)

Year built

1950

Acreage

0.115

Sale price

$1,075,000

General information

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Address
Primary address
422-424 Market Street
ZIP code
07501
County
Passaic
Block
6309
Lot
6
Neighborhood
Wrigley Park
Municipality
1608
Qualifier
Parcel ID
6309-6

Owner

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Sales
Sale date
01/05/2024
Sale price
$1,075,000
Arm's length
Tax
Tax year
2026
Current property tax
$50,128
Building
Property type
Store with Residential (738)
Building sq. ft.
7,411
Year built
1950
Exterior structural material
Lot
Acreage
0.115
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
87 /100.  Very Walkable
Transit score
59 /100.  Good Transit
Bike score
50 /100.  Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 422-424 Market Street, Paterson, NJ

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

Sales history for 422-424 Market Street, Paterson, NJ 07501

Sale date Sale price Buyer name Seller name
01/05/2024 $1,075,000 XXX XXXXXXXXXXX XXX XXXXXXXXXX XXXXX X; XXXXXX XXXX; XXXXXX XXXXXXXX XXX; XX XXXXXX XXXXX X X
01/05/2023 $1 XXXXXX XXXXXXXX XXX XXXXXX XXXX
04/15/2005 $285,000

*Most recent sales on record for this property.

More about Passaic County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
01/23/2024 - R
01/05/2024 - D
Deed and Realty Tax Fees XXXXXXXXXX XXXXX X XXX XXXXXXXXXXX XXX
01/27/2023 - R
01/05/2023 - D
Mortgage XXXXXX XXXXXXXX XXX XX XXXXXXXX XX XXX
01/27/2023 - R
01/05/2023 - D
Mortgage XXXXXX XXXXXXXX XXX XX XXXXXXXX XX XXX
01/27/2023 - R
01/05/2023 - D
Deed and Realty Tax Fees XXXXXX XXXX XXXXXX XXXXXXXX XXX
03/01/2022 - R
01/30/2022 - D
Mortgage XXXXXX XXXX X XXXXXX XXXX
04/15/2005 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 422-424 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
$50,128
Recent tax assessments
Market value
$939,600
Land value
$250,000
Building value
$689,600

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 $506,000 $506,000 5.335 $26,995 +4.71%
2024 $506,000 $506,000 5.095 $25,781 +3.92%
2023 $506,000 $506,000 4.903 $24,809 +5.62%
2022 $506,000 $506,000 4.642 $23,489 +3.71%
2021 $506,000 $506,000 4.476 $22,649 +7.21%
2020 $506,000 $506,000 4.175 $21,126 +4.93%
2019 $487,000 $487,000 4.134 $20,133 +6.28%
2018 $437,900 $437,900 4.326 $18,944 +9.57%
2017 $415,600 $415,600 4.16 $17,289 -4.13%
2016 $415,600 $415,600 4.339 $18,033 +5.62%

Permit information for 422-424 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

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Frequently asked questions

What is the year built for 422-424 Market Street, Paterson, NJ 07501?

The development at 422-424 Market Street, Paterson, NJ 07501 was built in 1950.

What is the market value of 422-424 Market Street, Paterson, NJ 07501?

The current market value of 422-424 Market Street, Paterson, NJ 07501 is $939,600.

What is the total square footage of 422-424 Market Street, Paterson, NJ 07501?

422-424 Market Street, Paterson, NJ 07501 has a total of 7,411 square feet.

What is the price per square foot for this property?

$145 per square foot is the price for 422-424 Market Street, Paterson, NJ 07501.

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