Financial
Distress signals
Property profile

795 Market St 797 Paterson, NJ 07513

OFF-MARKET
Other commercial real estate
Property ID
US59-1314645
6,772 SF 0.09 ac lot
Last sale Sep 2024 · $1,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This commercial office space is configured for professional use and is also suitable for businesses that may require storefront-style access, such as an accounting or insurance office. The tenancy involves utility responsibility for the occupant, with heat covered by the building owner. The location provides access to nearby public transportation and includes on-street parking. The space is intended for use under a longer-term lease arrangement and has an insurance requirement for the tenant.

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 · 2023

What does the county charge?
$24k
Tax billed · 2023
Assessed value · 2024$481k
Assessed land$73k
Assessed improvement$408k
Effective rate4.90%

Value estimate

· Sep 2026
$1.10M
$990k – $1.21M
AI approach$1.10M
CAP approach$1.38M
Submarket $/SF estimate$1.10M

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$210/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$101 – $286
Qualifying comparables16

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?
R-2
B. R‐2 Low Medium Density Residential District: The intent of the R‐2 Low Medium Density Residential District is to permit single and two...
General categoryRESIDENTIAL
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 agency33.0
Law Firm21.6
Gym & Fitness14.4

Location

795 Market St, Unit 797 Paterson, NJ 07513-1289
County assessor Recorded deeds · 3 transfers 16 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
858 Market, Paterson, NJ 07513-1125 $3,510,000 May 2025 9,937 SF
1060 22nd, Paterson, NJ 07513-1681 $372,000 Feb 2025 4,840 SF
850-852 Market, Paterson, NJ 07513-1172 $700,000 Mar 2024 5,500 SF
586-588 21st, Paterson, NJ 07513-1364 $570,000 May 2023 4,644 SF
989 Market, Paterson, NJ 07513-1153 $2,000,000 Oct 2022 9,660 SF
487 21st, Paterson, NJ 07513-1649 $710,000 Oct 2021 6,126 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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