Financial
Distress signals
Property profile

185 Governor St Paterson, NJ 07501

OFF-MARKET
Commercial real estate
Property ID
US59-2619151
1,734 SF 0.06 ac lot
Last sale Jun 2025 · $600,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$1k
Tax billed · 2022
Assessed value · 2023$31k
Assessed land$17k
Assessed improvement$14k
Effective rate4.64%

Value estimate

· Sep 2026
$475k
$428k – $523k
AI approach$520k
CAP approach$350k

Realmo valuation models over county records and 30 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 comparables30

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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 agency14.2
Assisted Living Facility9.3
Pet Grooming Service8.9

Location

185 Governor St Paterson, NJ 07501-1303
County assessor Recorded deeds · 8 transfers 30 qualifying comp sales Zoning catalog · not on file

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
17 Fair, Paterson, NJ 07501 $253,100 Feb 2026 1,904 SF
168 Carroll, Paterson, NJ 07501-2089 $835,000 Oct 2025 2,503 SF
49-53 Lafayette, Paterson, NJ 07501-1107 $500,000 Jul 2025 2,090 SF
240 Riv, Paterson, NJ 07501-1057 $600,000 May 2025 3,115 SF
64 Montgomery, Paterson, NJ 07501-1116 $250,000 Apr 2025 960 SF
217 Rosa Park, Paterson, NJ 07501-3384 $750,000 Jan 2025 2,440 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
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