Passaic County  »  07503  »  Lake Ave  »  5-7 Lake Ave

5-7 Lake Avenue, Paterson, NJ 07503 Property Information

5-7 Lake Avenue, Paterson, NJ 07503 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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5-7 Lake Avenue, Paterson, NJ 07503
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Address

Primary address 5-7 Lake Avenue, Paterson
Zip code 07503
County Passaic
Municipality Paterson City
Block 7112
Lot 12
Neighborhood Paterson Lakeview

Sales & Tax Overview for 5-7 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 09/17/2018
Sale price $1
Property tax $9,380

Lot & Building Information for 5-7 Lake Avenue, Paterson

Building sqft 2,120
Building class Residential (2)
Acreage 0.115
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district Low Medium Density Residential (R-2)
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 5-7 Lake Avenue, Paterson

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About 5-7 Lake Avenue, Paterson

How many square feet does 5-7 Lake Avenue, Paterson, NJ 07503 have?

This Residential (2) located at 5-7 Lake Avenue, Paterson, NJ 07503 has a total of 2,120 square feet.

What is the assessed value of 5-7 Lake Avenue, Paterson, NJ 07503 and the property tax paid?

Assessed at $184,100, the tax amount paid for 5-7 Lake Avenue, Paterson, NJ 07503 is $9,821.

When was 5-7 Lake Avenue, Paterson, NJ 07503 last sold and what was the last sale price?

5-7 Lake Avenue, Paterson, NJ 07503 was last sold in 09/17/2018 for $1.

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 5-7 Lake Avenue, Paterson

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Purchase date Purchase price Buyer name Seller name
09/17/2018 $1

Title Documents for 5-7 Lake Avenue, Paterson

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
08/26/2024 - D
09/09/2024 - R
Mortgage 08/30/2034
09/17/2018 - D
09/20/2018 - R
Deed and Realty Tax Fees
07/29/1998 - D Deed and Realty Tax Fees
                   
                   
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R: Recorded date
D: Document date

Property Taxes for 5-7 Lake Avenue, Paterson

Access detailed property tax data for 5-7 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 $9,380
Market value $184,100

Assessment History for 5-7 Lake Avenue, Paterson

Here's the assessment & property tax history for 5-7 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
2024 $184,100 $184,100 5.095 $9,380 +3.92%
2023 $184,100 $184,100 4.903 $9,026 +5.62%
2022 $184,100 $184,100 4.642 $8,546 +3.71%
2021 $184,100 $184,100 4.476 $8,240 +7.21%
2020 $184,100 $184,100 4.175 $7,686 +3.23%

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

Access the detailed traffic volume map for 5-7 Lake Avenue, Paterson to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
St. George Elementary School NR Private K-8 0 0.38
Paterson Charter School for Science & Technology 4 Charter K-12 1,450 0.40
School 25 3 Public PK, K-8 545 0.40
School 25 3 Public PK, K-8 545 0.40
Charles J. Riley School 9 3 Public PK, K-8 726 0.51

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
St. George Elementary School NR Private K-8 0 0.38
Paterson Charter School for Science & Technology 4 Charter K-12 1,450 0.40
School 25 3 Public PK, K-8 545 0.40
Charles J. Riley School 9 3 Public PK, K-8 726 0.51
St Brendan Catholic School NR Private PK-8 220 0.55

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Paterson Charter School for Science & Technology 4 Charter K-12 1,450 0.40
Njedda High School NR Private 57 1.19
School 11 (Newcomers) NR Public 3-11 160 1.44
Garfield Auxiliary Ms-High School NR Public 6-12 41 1.47
Memorial Sr High School 2 Public 9-12 806 1.55

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 5-7 Lake Avenue, Paterson

Here are the neighbors for 5-7 Lake Avenue, Paterson.

Address Square feet Purchase date Purchase price
76-78 Dundee Ave, Paterson 768 12/26/2017 $270,000
130-132 Potomac Ave, Paterson 2,258 09/26/2025 $675,000
275 Knickerbocker Ave, Paterson 07/23/1990
72-74 Dundee Ave, Paterson 1,536 06/14/2024 $475,500
17-19 Lake Ave, Paterson 12/22/2013 $240,000
354-356 Wabash Ave, Paterson 1,063 11/11/2022 $260,000
68-70 Dundee Ave, Paterson 1,120 06/23/2023 $1
281-285 Knickerbocker Ave, Paterson 1,962 06/04/2009 $289,000
64-66 Dundee Ave, Paterson 1,008 03/20/2015 $150,900
271-273 Knickerbocker Ave, Paterson 1,248 03/07/2012
338-340 Wabash Ave, Paterson 1,536 03/19/2024 $10
277-279 Knickerbocker Ave, Paterson 1,737 07/23/1990
21-23 Lake Ave, Paterson 03/16/2011 $155,000
350-352 Wabash Ave, Paterson 1,567 05/23/2024 $1
134-136 Potomac Ave, Paterson 1,584 08/20/2009 $198,000
9-11 Lake Ave, Paterson 2,092 06/11/1999
13-15 Lake Ave, Paterson 2,866 06/25/2004 $353,000
358-360 Wabash Ave, Paterson 768 07/10/2001 $135,000
346-348 Wabash Ave, Paterson 1,220 11/15/2023 $455,000
342-344 Wabash Ave, Paterson 1,430 11/30/2021 $1

Nearby ZIP Codes for 5-7 Lake Avenue, Paterson

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