Passaic County  »  07504  »  E 40th St  »  502 E 40th St

502 East 40th Street, Paterson, NJ 07504 - Property report

Also known as: 502 E 40th St

Property image for 502 East 40th Street, Paterson, NJ 07504
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Property type

Residential (2)

Year built

1940

Acreage

0.057

Sale price

$489,000

General information

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Address
Primary address
502 East 40th Street
ZIP code
07504
County
Passaic
Block
7904
Lot
6
Neighborhood
Eastside Park
Municipality
1608
Parcel ID
7904-6

Owner

Find out who owns 502 East 40th Street, Paterson, NJ 07504. Uncover corporate and individual owners with a free account.

Sales
Sale date
08/12/2022
Sale price
$489,000
Arm's length
Tax
Tax year
2026
Current property tax
$30,415
Building
Property type
Residential (2)
Building sq. ft.
1,834
Year built
1940
Exterior structural material
Lot
Acreage
0.057
Zoning & Use
Zoning

Area overview

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

Ownership information for 502 East 40th Street, Paterson, NJ

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

Sales history for 502 East 40th Street, Paterson, NJ 07504

Sale date Sale price Buyer name Seller name
08/12/2022 $489,000 XXXXXXXX XXXXXXXX; XXXX XXXX; XXXXXXXX XXXXXXXX X XXXXXXXXX XXX X; XXXXXXXXX XXXXXX
02/24/2017 $234,000 XXXXXXXXX XXXXXX & XXX XXXXXX XXXXXX XXX
08/15/2016 $435,562

*Most recent sales on record for this property.

More about Passaic County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
09/20/2022 - R
08/12/2022 - D		 Mortgage XXXXXXXX XXXXXXXX XXX X XXXX XXX
09/20/2022 - R
08/12/2022 - D		 Deed and Realty Tax Fees XXXXXXXXX XXX X XXXXXXXX XXXXXXXX
05/03/2021 - R
02/22/2021 - D		 Mortgage XXXXXXXXX XXX X XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
08/05/2020 - R
07/17/2020 - D		 Mortgage XXXXXXXXX XXX X XXXXXXX & XXXXX XXXXXXXXXXX XXXXXXXXX
07/05/2019 - R
06/22/2019 - D		 Mortgage XXXXXXXXX XXX X XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
03/13/2017 - R
02/24/2017 - D		 Deed and Realty Tax Fees XXXXXX XXXXXX XXX XXXXXXXXX XXXXXX & XXX
02/24/2017 - D Deed and Realty Tax Fees
08/25/2016 - R
08/15/2016 - D		 Deed and Realty Tax Fees XXXXXXX XXXXXXX XXXXXXX XXXXXX XXXXXX XXX
08/15/2016 - D Deed and Realty Tax Fees
06/16/2009 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 502 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
$30,415
Recent tax assessments
Market value
$570,100
Land value
$222,800
Building value
$347,300

More about Passaic County property taxes

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 $142,900 $142,900 5.335 $7,624 +4.71%
2024 $142,900 $142,900 5.095 $7,281 +3.92%
2023 $142,900 $142,900 4.903 $7,006 +5.62%
2022 $142,900 $142,900 4.642 $6,633 +3.71%
2021 $142,900 $142,900 4.476 $6,396 +7.21%
2020 $142,900 $142,900 4.175 $5,966 +1.99%
2019 $141,500 $141,500 4.134 $5,850 -33.42%
2018 $203,100 $203,100 4.326 $8,786 +37.06%
2017 $154,100 $154,100 4.16 $6,411 -5.23%
2016 $155,900 $155,900 4.339 $6,765 +5.62%
Permits

Permit information for 502 East 40th Street, Paterson, NJ

No recently recorded permits for this property.

Neighborhood

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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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 0.68
School 25 3 Public PK, K-8 545 0.68
St. Therese Elementary School NR Private PK, K-8 0 0.72
St. Therese Elementary School NR Private PK, K-8 0 0.72
Gilbert Avenue Elementary School 4 Public PK, K-5 404 0.77
Gilbert Avenue Elementary School 4 Public PK, K-5 404 0.77
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 0.51
Martin Luther King Elementary School 2 Public PK, K-8 601 0.55
School 25 3 Public PK, K-8 545 0.68
St. Therese Elementary School NR Private PK, K-8 0 0.72
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 1.00
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 0.51
Paterson STEAM High School 1 Public 9-12 295 0.99
Students Transitioning and Achieving Real Success NR Public 9-12 122 0.99
Paterson Catholic High School NR Private 9-12 0 1.02
Paterson Charter School for Science & Technology 4 Charter K-12 1,450 1.12
School 11 (Newcomers) NR Public 3-11 160 1.12
Rosa Parks Arts High School 1 Public 9-12 252 1.13
High School Hospitality Tour & Culinary Arts NR Public 9-12 653 1.28
Eastside High School NR Public 9-12 2,323 1.28
High School Of Info Tech NR Public 9-12 657 1.28

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

Neighbors for 502 East 40th Street, Paterson, NJ

514-516 E 40th St, Paterson 498-500 E 40th St, Paterson 716-718 20th Ave, Paterson 712-716 20th Ave, Paterson 708-710 20th Ave, Paterson 489-491 E 38th St, Paterson 499 E 38th St, Paterson 526-532 E 40th St, Paterson 704-706 20th Ave, Paterson 518-520 E 40th St, Paterson 504 E 40th St, Paterson 493-495 E 38th St, Paterson 495-497 E 38th St, Paterson 501 E 38th St, Paterson 512 E 40th St, Paterson 522-524 E 40th St, Paterson 529 E 39th St, Paterson 527-529 E 39th St, Paterson 506-508 E 40th St, Paterson 510 E 40th St, Paterson

Nearby ZIP codes for 502 East 40th Street, Paterson, NJ

07011, Passaic County, NJ 07012, Passaic County, NJ 07013, Passaic County, NJ 07026, Bergen County, NJ 07407, Bergen County, NJ 07410, Bergen County, NJ 07452, Bergen County, NJ 07501, Passaic County, NJ 07502, Passaic County, NJ 07503, Passaic County, NJ 07505, Passaic County, NJ 07506, Passaic County, NJ 07508, Passaic County, NJ 07513, Passaic County, NJ 07514, Passaic County, NJ 07522, Passaic County, NJ 07524, Passaic County, NJ 07662, Bergen County, NJ 07663, Bergen County, NJ

Frequently asked questions

What is the year built for 502 East 40th Street, Paterson, NJ 07504?

The development at 502 East 40th Street, Paterson, NJ 07504 was built in 1940.

What is the total square footage of 502 East 40th Street, Paterson, NJ 07504?

502 East 40th Street, Paterson, NJ 07504 has a total of 1,834 square feet.

When was 502 East 40th Street, Paterson, NJ 07504 last sold and what was the sale price?

502 East 40th Street, Paterson, NJ 07504 was last sold on 08/12/2022 for $489,000.

What is the assessed value of 502 East 40th Street, Paterson, NJ 07504?

502 East 40th Street, Paterson, NJ 07504 is currently assessed at $570,100.

What are the property taxes for 502 East 40th Street, Paterson, NJ 07504?

The property taxes for 502 East 40th Street, Paterson, NJ 07504 total $30,414.

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