Passaic County  »  07504  »  E 40th St  »  498-500 E 40th St

498-500 East 40th Street, Paterson, NJ 07504 - Property report

Also known as: 498-500 E 40th St

Property image for 498-500 East 40th Street, Paterson, NJ 07504
static Mapbox map

Property type

Residential (2)

Year built

1930

Acreage

0.101

Sale price

$255,000

General information

Unlock this property report with a free account

Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
498-500 East 40th Street
ZIP code
07504
County
Passaic
Block
7904
Lot
5
Neighborhood
Eastside Park
Municipality
1608
Parcel ID
7904-5

Owner

Find out who owns 498-500 East 40th Street, Paterson, NJ 07504. Uncover corporate and individual owners with a free account.

Sales
Sale date
05/01/2019
Sale price
$255,000
Arm's length
Tax
Tax year
2026
Current property tax
$27,347
Building
Property type
Residential (2)
Building sq. ft.
1,666
Year built
1930
Exterior structural material
Lot
Acreage
0.101
Zoning & Use
Zoning

Area overview

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

Ownership information for 498-500 East 40th Street, Paterson, NJ

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

Sales history for 498-500 East 40th Street, Paterson, NJ 07504

Sale date Sale price Buyer name Seller name
05/01/2019 $255,000 XXXXXXXXXXX XXXXXXXX XXXXXX XXXXXX X; XXXXXX XXXXXX X
07/07/2014 $185,000 XXXXXX XXXXXX & XXXXXX XXXXX XXXXX X & XXXXX
08/23/1996 $87,000

*Most recent sales on record for this property.

More about Passaic County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
09/25/2020 - R
08/18/2020 - D
Mortgage XXXXXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
06/21/2019 - R
05/31/2019 - D
Mortgage XXXXXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
06/21/2019 - R
05/01/2019 - D
Deed and Realty Tax Fees XXXXXX XXXXXX X XXXXXXXXXXX XXXXXXXX
07/23/2014 - R
07/07/2014 - D
Deed and Realty Tax Fees XXXXX XXXXX X & XXXXX XXXXXX XXXXXX & XXXXXX
07/07/2014 - D Deed and Realty Tax Fees
08/23/1996 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 498-500 East 40th 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
$27,347
Recent tax assessments
Market value
$512,600
Land value
$247,800
Building value
$264,800

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 $186,500 $186,500 5.335 $9,950 +4.71%
2024 $186,500 $186,500 5.095 $9,502 +3.92%
2023 $186,500 $186,500 4.903 $9,144 -4.93%
2022 $207,200 $207,200 4.642 $9,618 +3.71%
2021 $207,200 $207,200 4.476 $9,274 +7.21%
2020 $207,200 $207,200 4.175 $8,651 +28.77%
2019 $162,500 $162,500 4.134 $6,718 -3.07%
2018 $160,200 $160,200 4.326 $6,930 +4.71%
2017 $159,100 $159,100 4.16 $6,619 -4.78%
2016 $160,200 $160,200 4.339 $6,951 +5.62%

Permit information for 498-500 East 40th Street, Paterson, NJ

No recently recorded permits for this property.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 498-500 East 40th Street, Paterson, NJ 07504 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance (miles)
School 20 3 Public K-8 374 0.16
Martin Luther King Elementary School 2 Public PK, K-8 601 0.55
Martin Luther King Elementary School 2 Public PK, K-8 601 0.55
School 25 3 Public PK, K-8 545 0.69
School 25 3 Public PK, K-8 545 0.69
St. Therese Elementary School NR Private PK, K-8 0 0.71
St. Therese Elementary School NR Private PK, K-8 0 0.71
Gilbert Avenue Elementary School 4 Public PK, K-5 404 0.76
Gilbert Avenue Elementary School 4 Public PK, K-5 404 0.76
School 24 3 Public PK, K-8 693 0.86
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
School 20 3 Public K-8 374 0.16
Elmwood Park Middle School 5 Public 6-8 579 0.50
Martin Luther King Elementary School 2 Public PK, K-8 601 0.55
School 25 3 Public PK, K-8 545 0.69
St. Therese Elementary School NR Private PK, K-8 0 0.71
School 24 3 Public PK, K-8 693 0.86
St Brendan Catholic School NR Private PK-8 220 0.96
School 16 3 Public PK, K-8 835 1.01
Madison Avenue Baptist Academy NR Private PK-8 117 1.02
School 13 2 Public K-8 680 1.06
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Memorial Sr High School 2 Public 9-12 806 0.50
Paterson STEAM High School 1 Public 9-12 295 0.98
Students Transitioning and Achieving Real Success NR Public 9-12 122 0.98
Paterson Catholic High School NR Private 9-12 0 1.02
School 11 (Newcomers) NR Public 3-11 160 1.12
Paterson Charter School for Science & Technology 4 Charter K-12 1,450 1.12
Rosa Parks Arts High School 1 Public 9-12 252 1.12
High School Of Info Tech NR Public 9-12 657 1.28
High School Hospitality Tour & Culinary Arts NR Public 9-12 653 1.28
Eastside High School NR Public 9-12 2,323 1.28

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 498-500 East 40th Street, Paterson, NJ 07504?

The development at 498-500 East 40th Street, Paterson, NJ 07504 was built in 1930.

What is the total square footage of 498-500 East 40th Street, Paterson, NJ 07504?

498-500 East 40th Street, Paterson, NJ 07504 has a total of 1,666 square feet.

When was 498-500 East 40th Street, Paterson, NJ 07504 last sold and what was the sale price?

498-500 East 40th Street, Paterson, NJ 07504 was last sold on 05/01/2019 for $255,000.

What is the assessed value of 498-500 East 40th Street, Paterson, NJ 07504?

498-500 East 40th Street, Paterson, NJ 07504 is currently assessed at $512,600.

What are the property taxes for 498-500 East 40th Street, Paterson, NJ 07504?

The property taxes for 498-500 East 40th Street, Paterson, NJ 07504 total $27,347.

Disclaimer

Copyright 2003-2026 by PropertyShark.com

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

Sign up for a free account