Financial
Distress signals
Property profile

642 Madison Ave Paterson, NJ 07514

OFF-MARKET
Commercial real estate
Property ID
US59-3140998
1,600 SF 0.07 ac lot
Last sale May 2023 · $750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$11k
Tax billed · 2022
Assessed value · 2023$244k
Assessed land$77k
Assessed improvement$167k
Effective rate4.64%

Value estimate

· Sep 2026
$950k
$855k – $1.05M
AI approach$915k

Realmo valuation models over county records and 21 qualifying comparable sales.

Recently sold

What actually traded nearby?
$166/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$88 – $270
Qualifying comparables21

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

What can be built here?
B-2
F. B‐2 Community Business District: The intent of the B‐2 Community Business District is to provide sufficient space in appropriate locat...
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 agency19.6
Veterinary Clinic9.3
Assisted Living Facility8.9

Location

642 Madison Ave Paterson, NJ 07514-2820
County assessor Recorded deeds · 7 transfers 21 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
114 2nd, Paterson, NJ 07514-1517 $5,203,200 Feb 2025 2,012 SF
38 33rd, Paterson, NJ 07514-1335 $800,000 Oct 2024 1,232 SF
496 Broadway, Paterson, NJ 07514-2837 $700,000 May 2024 2,125 SF
272-276 12th, Paterson, NJ 07514-2826 $225,000 Feb 2024 1,428 SF
455 18th, Paterson, NJ 07514-2609 $800,000 May 2023 2,124 SF
581 18th, Paterson, NJ 07514-2624 $400,000 May 2023 2,247 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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