Passaic County  »  07501  »  Martin St  »  53-59 Martin St

53-59 Martin Street, Paterson, NJ 07501 - Property report

Also known as: 53-59 Martin St

Property image for 53-59 Martin Street, Paterson, NJ 07501
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Property type

Apartment-Other (029)

Acreage

0.23

Sale price

$1,398,000

General information

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Address
Primary address
53-59 Martin Street
ZIP code
07501
County
Passaic
Block
6402
Lot
3
Neighborhood
Wrigley Park
Municipality
1608
Qualifier
Parcel ID
6402-3

Owner

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Sales
Sale date
10/26/2021
Sale price
$1,398,000
Arm's length
Tax
Tax year
2026
Current property tax
$52,384
Building
Property type
Apartment-Other (029)
Building sq. ft.
8,100
Exterior structural material
Lot
Acreage
0.23
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
78 /100.  Very Walkable
Transit score
58 /100.  Good Transit
Bike score
48 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 53-59 Martin Street, Paterson, NJ

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

Sales history for 53-59 Martin Street, Paterson, NJ 07501

Sale date Sale price Buyer name Seller name
10/26/2021 $1,398,000 XXXXXX XXXXXXXXXX XXX XX XXXXXX XX XXX; XXXXXXXXX XXXXXX
01/22/2019 $1 XXX XXXXXX XXXXXXXXXXXXX XXXXXXXXXX XXXXXXXXXX XXXXXXX XXXXXX XX
11/05/2013 $820,000 XX XXXXXX XX XXX XXXXXXXX XXXXXXX

*Most recent sales on record for this property.

More about Passaic County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
03/02/2022 - R
02/24/2022 - D
Mortgage XXXXXX XXXXXXXXXX XXX XXXXX XXXXXX XXXXXXX XXX
11/04/2021 - R
10/26/2021 - D
Deed and Realty Tax Fees XX XXXXXX XX XXX XXXXXX XXXXXXXXXX XXX
01/29/2019 - R
01/22/2019 - D
Deed and Realty Tax Fees XXXXXXX XXXXXX XX XXX XXXXXX XXXXXXXXXXXXX XXXXXXXXXX XXXXXXXXXX
12/05/2013 - R
11/05/2013 - D
Deed and Realty Tax Fees XXXXXXXX XXXXXXX XX XXXXXX XX XXX
11/05/2013 - D Deed and Realty Tax Fees
09/02/2003 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 53-59 Martin 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
$52,384
Recent tax assessments
Market value
$981,900
Land value
$178,500
Building value
$803,400

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 $808,200 $808,200 5.335 $43,117 +4.71%
2024 $808,200 $808,200 5.095 $41,178 +3.92%
2023 $808,200 $808,200 4.903 $39,626 +5.62%
2022 $808,200 $808,200 4.642 $37,517 +3.71%
2021 $808,200 $808,200 4.476 $36,175 +7.21%
2020 $808,200 $808,200 4.175 $33,742 +6.49%
2019 $766,500 $766,500 4.134 $31,687 +0.34%
2018 $730,000 $730,000 4.326 $31,580 +4.00%
2017 $729,900 $729,900 4.16 $30,364 -11.30%
2016 $788,900 $788,900 4.339 $34,230 +5.62%

Permit information for 53-59 Martin 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 total square footage of 53-59 Martin Street, Paterson, NJ 07501?

53-59 Martin Street, Paterson, NJ 07501 has a total of 8,100 square feet.

When was 53-59 Martin Street, Paterson, NJ 07501 last sold and what was the sale price?

53-59 Martin Street, Paterson, NJ 07501 was last sold on 10/26/2021 for $1,398,000.

What is the assessed value of 53-59 Martin Street, Paterson, NJ 07501?

53-59 Martin Street, Paterson, NJ 07501 is currently assessed at $981,900.

What are the property taxes for 53-59 Martin Street, Paterson, NJ 07501?

The property taxes for 53-59 Martin Street, Paterson, NJ 07501 total $52,384.

How many residential units does this building have?

This building has 12 residential unit(s).

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