Financial
Distress signals
Property profile

117 Redwood Ave Paterson, NJ 07522

OFF-MARKET
Commercial real estate
Property ID
US59-2021521
1,298 SF 0.06 ac lot
Last sale Oct 2014 · $45,000
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$7k
Tax billed · 2022
Assessed value · 2023$160k
Assessed land$47k
Assessed improvement$113k
Effective rate4.64%

Value estimate

· Sep 2026
$290k
$261k – $319k
AI approach$290k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$159/SF
ZIP average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$87 – $274
Qualifying comparables13

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 agency19.9
Catering Service9.5
Veterinary Clinic8.9

Location

117 Redwood Ave Paterson, NJ 07522-1950
County assessor Recorded deeds · 11 transfers 13 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
89-91 8th, Paterson, NJ 07522-1107 $95,000 May 2025 1,020 SF
168 Main, Paterson, NJ 07522-1829 $230,000 Apr 2025 1,712 SF
80 Arch, Paterson, NJ 07522-1752 $100,000 Feb 2024 1,693 SF
109 Broadway, Paterson, NJ 07522-1501 $175,000 Nov 2023 1,624 SF
14 Bergen, Paterson, NJ 07522-1816 $80,000 Nov 2023 1,800 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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