Passaic County  »  07503  »  Lake Ave  »  14-16 Lake Ave

14-16 Lake Avenue, Paterson, NJ 07503 Property Information

14-16 Lake Avenue, Paterson, NJ 07503 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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14-16 Lake Avenue, Paterson, NJ 07503
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Address

Primary address 14-16 Lake Avenue, Paterson
Zip code 07503
County Passaic
Municipality Paterson City
Block 7111
Lot 6
Neighborhood Paterson Lakeview

Sales & Tax Overview for 14-16 Lake Avenue, Paterson

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 01/27/2014
Sale price $168,000
Arm's length
Property tax $20,257

Lot & Building Information for 14-16 Lake Avenue, Paterson

Building class Commercial (4A)
Acreage 0.115
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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 14-16 Lake Avenue, Paterson

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  • • Improvements for 14-16 Lake Avenue, Paterson , including their type, square footage, grade and when they were built.
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About 14-16 Lake Avenue, Paterson

What is the assessed value of 14-16 Lake Avenue, Paterson, NJ 07503 and the property tax paid?

Assessed at $379,700, the tax amount paid for 14-16 Lake Avenue, Paterson, NJ 07503 is $20,256.

When was 14-16 Lake Avenue, Paterson, NJ 07503 last sold and what was the last sale price?

14-16 Lake Avenue, Paterson, NJ 07503 was last sold in 01/27/2014 for $168,000.

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 14-16 Lake Avenue, Paterson

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Purchase date Purchase price Buyer name Seller name
01/27/2014 $168,000
06/23/2010 $173,000
04/15/2002 $129,000
       
       
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*Here are the three most recent sales for this property.


Title Documents for 14-16 Lake Avenue, Paterson

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
12/22/2025 - D
02/11/2026 - R
Mortgage
01/27/2014 - D
08/19/2014 - R
Deed and Realty Tax Fees
01/27/2014 - D Deed and Realty Tax Fees
06/23/2010 - D
07/14/2010 - R
Deed and Realty Tax Fees
06/23/2010 - D Deed and Realty Tax Fees
04/15/2002 - D Deed and Realty Tax Fees
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R: Recorded date
D: Document date

Property Taxes for 14-16 Lake Avenue, Paterson

Access detailed property tax data for 14-16 Lake Avenue, Paterson, NJ 07503. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $20,257
Market value $379,700

Assessment History for 14-16 Lake Avenue, Paterson

Here's the assessment & property tax history for 14-16 Lake Avenue, 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
2025 $379,700 $379,700 5.335 $20,257 +4.71%
2024 $379,700 $379,700 5.095 $19,346 +3.92%
2023 $379,700 $379,700 4.903 $18,617 +5.62%
2022 $379,700 $379,700 4.642 $17,626 +584.84%
2021 $57,500 $57,500 4.476 $2,574 +7.21%

Demographics by Zip Code

Total population 19,170
Median age 31.6
Average household income $85,762
Family households 66.9%
Occupied housing units 6,066
Owner occupied units 26.8%
Average number of people per household 3.15
Median year structure built 1961
Median value for units with a mortgage $359,700
Median value for units without a mortgage $323,600

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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View daily traffic map

Neighbors for 14-16 Lake Avenue, Paterson

Here are the neighbors for 14-16 Lake Avenue, Paterson.

Address Square feet Purchase date Purchase price
354-356 Wabash Ave, Paterson 1,063 01/14/2026 $10
2-8 Lake Ave, Paterson 8,828 12/30/2020 $1
303-305 Railway Ave, Paterson 8,670 12/30/2013 $750,000
37-39 Dundee Ave, Paterson 1,920 02/25/2015
18-24 Lake Ave, Paterson 5,066 06/05/2020 $1,100,000
1-3 Lake Ave, Paterson 4,519 07/08/2008 $150,000
338-340 Wabash Ave, Paterson 1,536 03/19/2024 $10
103-105 Lehigh Ave, Paterson 3,731 11/19/2024 $1
10-12 Lake Ave, Paterson 06/22/2015 $205,000
26 Dundee Ave, Paterson 1,875 12/30/2013 $750,000
305-317 Railway Ave, Paterson 6,120 05/16/2014 $625,000
28 Dundee Ave, Paterson 1,725 08/31/2021 $847,300
101-103 Lehigh Ave, Paterson 1,240 09/21/2022 $150,000
323-325 Railway Ave, Paterson 02/17/2015 $1,160,000
321 Railway Ave, Paterson 9,016 02/17/2015 $1,160,000
350-352 Wabash Ave, Paterson 1,567 05/23/2024 $1
99 Lehigh Ave, Paterson 11/07/2022 $2,327,500
342-344 Wabash Ave, Paterson 1,430 11/30/2021 $1
346-348 Wabash Ave, Paterson 1,220 11/15/2023 $455,000
273-295 Railway Ave, Paterson 3,245

Nearby ZIP Codes for 14-16 Lake Avenue, Paterson

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