Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

117 Redwood Ave Paterson, NJ 07522

OFF-MARKET
Other 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. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a renovated two-family residence with updates to major interior systems and finishes. Reported improvements include updated bathrooms and kitchens, a newer heating system, updated floors and walls, and replaced and/or updated doors. The home is situated in a convenient area with proximity to schools, shopping, public transportation, and highway access. It is configured as a two-family setup, providing an income-oriented residential arrangement consistent with that structure.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

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

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

Realmo valuation models over county records and 25 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 comparables25

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 25 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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