Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

122 16Th Ave Paterson, NJ 07501

FOR SALE
Commercial real estate
Property ID
US59-2289684
3,513 SF 0.03 ac lot
Last sale Jul 2025 · $1,550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$18k
Tax billed · 2022
Assessed value · 2023$384k
Assessed land$31k
Assessed improvement$353k
Effective rate4.64%

Value estimate

· Nov 2026
$495k
$446k – $545k
NOI build-up
Gross scheduled income$90k
Vacancy & credit loss−$6k
Operating expenses−$25k
NOI · 4.70% cap applied$59k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$146/SF
ZIP average, outlier-cleaned · 136 recorded sales of this use type
Observed band · Q1–Q3$95 – $214
Qualifying comparables8

Cap rate analysis

How does the asset earn?
4.70%
$59k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-3
G. B‐3 General Business District: The intent of the B‐3 General Business District is to provide a wider and more intensive range of busin...
General categoryCOMMERCIAL
JurisdictionPASSAIC

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.7
Shoe Repair9.0
Assisted Living Facility8.6

Location

122 16Th Ave Paterson, NJ 07501
County assessor Recorded deeds · 11 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
292 Market, Paterson, NJ 07501-2205 $695,000 Sep 2025 3,592 SF
471 Summer, Paterson, NJ 07501-3021 $700,000 Jun 2025 3,801 SF
24 Brg, Paterson, NJ 07501-1061 $200,000 May 2025 3,225 SF
169 Grand, Paterson, NJ 07501-2725 $1,900,000 May 2025 3,854 SF
240 Riv, Paterson, NJ 07501-1057 $600,000 May 2025 3,115 SF
303 21st, Paterson, NJ 07501-3520 $350,000 Feb 2025 4,201 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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