Passaic County  »  07501  »  Madison Ave  »  871-873 Madison Ave

871-873 Madison Avenue, Paterson, NJ 07501 - Property report

Also known as: 871-873 Madison Ave

Property image for 871-873 Madison Avenue, Paterson, NJ 07501
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Property type

Residential (2)

Acreage

0.073

Sale price

$600,000

General information

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Address
Primary address
871-873 Madison Avenue
ZIP code
07501
County
Passaic
Block
9001
Lot
32
Neighborhood
Peoples Park
Municipality
1608
Parcel ID
9001-32

Owner

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Sales
Sale date
04/02/2024
Sale price
$600,000
Arm's length
Tax
Tax year
2026
Current property tax
$3,638
Building
Property type
Residential (2)
Exterior structural material
Lot
Acreage
0.073
Zoning & Use
Zoning

Area overview

Walk score
82 /100.  Very Walkable
Transit score
55 /100.  Good Transit
Bike score
48 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 871-873 Madison Avenue, Paterson, NJ

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

Sales history for 871-873 Madison Avenue, Paterson, NJ 07501

*Most recent sale on record for this property.

More about Passaic County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
04/08/2024 - R
04/02/2024 - D
Deed and Realty Tax Fees XXXXXXXX XXXXXXX XXXXXXXXXXX XXXXX
03/08/1990 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 871-873 Madison Avenue, 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
$3,638
Recent tax assessments
Market value
$68,200
Land value
$55,100
Building value
$13,100

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 $28,400 $28,400 5.335 $1,515 +4.71%
2024 $28,400 $28,400 5.095 $1,447 +3.92%
2023 $28,400 $28,400 4.903 $1,392 +5.62%
2022 $28,400 $28,400 4.642 $1,318 +3.71%
2021 $28,400 $28,400 4.476 $1,271 +7.21%
2020 $28,400 $28,400 4.175 $1,186 +2.07%
2019 $28,100 $28,100 4.134 $1,162 -3.75%
2018 $27,900 $27,900 4.326 $1,207 +4.74%
2017 $27,700 $27,700 4.16 $1,152 -9.05%
2016 $29,200 $29,200 4.339 $1,267 +5.62%

Permit information for 871-873 Madison Avenue, Paterson, NJ

No recently recorded permits for this property.

Risk

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FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 871-873 Madison Avenue, Paterson, NJ 07501 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)
Madison Avenue Baptist Academy NR Private PK-8 117 0.07
Madison Avenue Baptist Academy NR Private PK-8 117 0.07
School 11 (Newcomers) NR Public 3-11 160 0.13
School 24 3 Public PK, K-8 693 0.16
School 24 3 Public PK, K-8 693 0.16
Roberto Clemente Elementary School 3 Public K-5 271 0.26
School 15 3 Public PK, K-5 596 0.30
School 15 3 Public PK, K-5 596 0.30
Compassion House Outreach MNSTR & Chrstan Education Center NR Private PK-8 34 0.34
Compassion House Outreach MNSTR & Chrstan Education Center NR Private PK-8 34 0.34
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
Madison Avenue Baptist Academy NR Private PK-8 117 0.07
New Roberto Clemente 1 Public 6-8 580 0.13
School 11 (Newcomers) NR Public 3-11 160 0.13
School 24 3 Public PK, K-8 693 0.16
Compassion House Outreach MNSTR & Chrstan Education Center NR Private PK-8 34 0.34
Philip's Academy Charter School Of Paterson 3 Charter K-8 515 0.36
School 13 2 Public K-8 680 0.43
School 16 3 Public PK, K-8 835 0.43
Martin Luther King Elementary School 2 Public PK, K-8 601 0.45
St. Anthony Elementary School NR Private K-8 0 0.47
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
School 11 (Newcomers) NR Public 3-11 160 0.13
High School Of Info Tech NR Public 9-12 657 0.32
Eastside High School NR Public 9-12 2,323 0.32
High School Govern & Public Admin NR Public 9-12 695 0.32
High School Hospitality Tour & Culinary Arts NR Public 9-12 653 0.32
Alternative High School - Yes Academy NR Public 9-12 125 0.48
Al-Huda School NR Private PK, K-12 55 0.75
Paterson P-Tech 2 Public 9-12 202 0.76
Rosa Parks Arts High School 1 Public 9-12 252 0.83
Newcomers High School NR Public 9-12 37 0.92

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

Frequently asked questions

When was 871-873 Madison Avenue, Paterson, NJ 07501 last sold and what was the sale price?

871-873 Madison Avenue, Paterson, NJ 07501 was last sold on 04/02/2024 for $600,000.

What is the assessed value of 871-873 Madison Avenue, Paterson, NJ 07501?

871-873 Madison Avenue, Paterson, NJ 07501 is currently assessed at $68,200.

What are the property taxes for 871-873 Madison Avenue, Paterson, NJ 07501?

The property taxes for 871-873 Madison Avenue, Paterson, NJ 07501 total $3,638.

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