985-987 Madison Avenue, Paterson, NJ 07501 Property Information
985-987 Madison Avenue, Paterson, NJ 07501 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 985-987 Madison Avenue, Paterson |
| Zip code | 07501 |
| County | Passaic |
| Municipality | Paterson City |
| Block | 8901 |
| Lot | 23 |
| Neighborhood | Peoples Park |
Sales & Tax Overview for 985-987 Madison Avenue, Paterson
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 03/18/2022 |
| Sale price | $300,000 |
| Arm's length | Register |
| Property tax | $12,085 |
Lot & Building Information for 985-987 Madison Avenue, Paterson
| Building sqft | 5,526 |
| Building class | Industrial/Manufacturing (330) |
| Acreage | 0.115 |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 985-987 Madison Avenue, Paterson
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- • Improvements for 985-987 Madison Avenue, Paterson , including their type, square footage, grade and when they were built.
- • Development maps such as planimetric, zoning, land use and urban landscape maps (building age and stories).
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About 985-987 Madison Avenue, Paterson
This Industrial/Manufacturing (330) located at 985-987 Madison Avenue, Paterson, NJ 07501 has a total of 5,526 square feet and a current price per square foot of $54.
What is the market value of 985-987 Madison Avenue, Paterson, NJ 07501?The current market value is $237,200.
Ownership Information
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Past Sales & Property History for 985-987 Madison Avenue, Paterson
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Title Documents for 985-987 Madison Avenue, Paterson
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D: Document date
Property Taxes for 985-987 Madison Avenue, Paterson
Access detailed property tax data for 985-987 Madison Avenue, Paterson, NJ 07501. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $12,085 |
| Market value | $237,200 |
Assessment History for 985-987 Madison Avenue, Paterson
Here's the assessment & property tax history for 985-987 Madison 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 | $237,200 | $237,200 | 5.095 | $12,085 | +3.92% |
| 2023 | $237,200 | $237,200 | 4.903 | $11,630 | -42.70% |
| 2022 | $437,200 | $437,200 | 4.642 | $20,295 | +3.71% |
| 2021 | $437,200 | $437,200 | 4.476 | $19,569 | +7.21% |
| 2020 | $437,200 | $437,200 | 4.175 | $18,253 | +8.19% |
Demographics By Zip Code
| Total population | 35,321 |
| Median age | 31 |
| Average household income | $61,770 |
| Family households | 65.5% |
| Occupied housing units | 12,335 |
| Owner occupied units | 16.0% |
| Average number of people per household | 2 |
| Median year structure built | 1969 |
| Median value for units with a mortgage | $307,800 |
| Median value for units without a mortgage | $276,400 |
Risk
Create a free account to unlock extended information for 985-987 Madison Avenue, Paterson, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| FEMA flood zone(s) | X (See more on map) |
| Fire hazard zone | See more on map |
| Geohazard zones map | Register |
Transportation
Access the detailed traffic volume map for 985-987 Madison 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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Neighbors for 985-987 Madison Avenue, Paterson
Here are the neighbors for 985-987 Madison Avenue, Paterson.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 965 Madison Ave, Paterson | 1,868 | 08/08/2017 | $245,000 |
| 393-395 21st Ave, Paterson | 3,746 | 09/12/2002 | $285,000 |
| 395 21st Ave, Paterson | 4,397 | 06/11/2002 | |
| 981 Madison Ave, Paterson | 2,798 | 12/11/2023 | $1 |
| 963 Madison Ave, Paterson | 2,470 | 06/09/2016 | $77,300 |
| 989 Madison Ave, Paterson | 2,455 | 04/27/2011 | $145,000 |
| 40 E 20th St, Paterson | 1,088 | 07/15/2009 | $86,000 |
| 977-979 Madison Ave, Paterson | 3,025 | 07/15/2019 | $196,500 |
| 967-969 Madison Ave, Paterson | 2,286 | 05/29/2015 | $150,000 |
| 975-977 Madison Ave, Paterson | 3,025 | 09/03/2024 | $10 |
| 997 Madison Ave, Paterson | 5,344 | 02/07/2022 | $400,154 |
| 399 21st Ave, Paterson | 6,776 | 04/19/2007 | $350,000 |
| 983 Madison Ave, Paterson | 2,675 | 04/09/2025 | $600,000 |
| 973 Madison Ave, Paterson | 3,025 | 09/30/1992 | |
| 969-971 Madison Ave, Paterson | 2,867 | 10/09/2023 | $1 |
| 961 Madison Ave, Paterson | 2,376 | ||
| 397 21st Ave, Paterson | 1,531 | 06/06/2008 | $250,000 |
| 991-993 Madison Ave, Paterson | 7,155 | 12/16/2003 | $300,000 |
| 995 Madison Ave, Paterson | 3,323 | 07/30/2019 | $280,000 |
| 42 E 20th St, Paterson | 1,516 | 09/27/2022 | $1 |