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Financial
Distress signals
Property profile

444 Summer St 450 Paterson, NJ 07501

OFF-MARKET
Industrial properties
Property ID
US59-1969866
3,731 SF 0.34 ac lot
Last sale Dec 2021 · $1,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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.

Debts

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?
$22k
Tax billed · 2022
Assessed value · 2023$308k
Assessed land$308k
Effective rate7.09%

Value estimate

· Oct 2026
$1.82M
$1.64M – $2.00M
AI approach$1.68M
Submarket $/SF estimate$938k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$184/SF
Submarket average, outlier-cleaned · 83 recorded sales of this use type
Observed band · Q1–Q3$99 – $311
Qualifying comparables7

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-3
C. R‐3 High Medium Density Residential District: The R‐3 High Medium Density Residential District is designed to permit more intensive re...
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 agency11.4
Veterinary Clinic8.8
Assisted Living Facility8.7

Location

444 Summer St, Unit 450 Paterson, NJ 07501-3018
County assessor Recorded deeds · 4 transfers 7 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
60-62 Beech, Paterson, NJ 07501-3042 $550,000 Sep 2023 5,000 SF
1 Morris, Paterson, NJ 07501-1746 $2,050,000 Jul 2023 17,000 SF
64 State, Paterson, NJ 07501-3510 $185,000 Dec 2021 1,400 SF
89 Ml, Paterson, NJ 07501-1821 $425,000 Nov 2021 4,224 SF
367 Straight, Paterson, NJ 07501-2915 $700,000 Apr 2020 4,900 SF
112 Grand, Paterson, NJ 07501-2643 $65,000 Dec 2018 1,364 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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