Financial
Distress signals
Property profile

162 Belmont Ave Paterson, NJ 07522

OFF-MARKET
Commercial real estate
Property ID
US59-1992658
2,898 SF 0.02 ac lot
Individually Owned Owner of record is an individual. 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?

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 · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value · 2024$251k
Assessed land$19k
Assessed improvement$232k
Effective rate4.90%

Value estimate

· Sep 2026
$340k
$306k – $374k
AI approach$340k

Realmo valuation models over county records and 35 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 comparables35

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-1
E. B‐1 Neighborhood Business District: The intent of the B‐1 Neighborhood Business District is to provide low‐intensity, neighborhood sca...
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 agency18.1
Garden Center9.5
Catering Service9.3

Location

162 Belmont Ave Paterson, NJ 07522-1192
County assessor Recorded deeds · not on file 35 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
116-118 Belmont, Paterson, NJ 07522-3101 $550,000 Jun 2024 3,791 SF
118-122 Belmont, Paterson, NJ 07522-1119 $758,800 Mar 2024 2,774 SF
163-165 Temple, Paterson, NJ 07522-1164 $350,000 Mar 2024 2,323 SF
475-477 Un, Paterson, NJ 07522-1908 $41,000 Jan 2024 3,208 SF
103 Belmont, Paterson, NJ 07522-1152 $550,000 Jan 2024 3,118 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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