Realmo Analytics

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Financial
Distress signals
Property profile

199 Godwin Ave 221 Paterson, NJ 07501

OFF-MARKET
Industrial properties
Property ID
US59-1966586
28,680 SF 0.65 ac lot
Last sale Jan 2016
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. 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?
$34k
Tax billed · 2022
Assessed value · 2023$733k
Assessed land$460k
Assessed improvement$273k
Effective rate4.64%

Value estimate

· Oct 2026
$775k
$698k – $853k
Submarket $/SF estimate$2.83M

Realmo valuation models over county records and 15 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 comparables15

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?
I-1
J. I‐1 Light Industrial District: The intent of the I‐1 Light Industrial District is to provide for a wide variety of light manufacturing...
General categoryINDUSTRIAL
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 agency35.0
Assisted Living Facility10.0
Veterinary Clinic9.5

Location

199 Godwin Ave, Unit 221 Paterson, NJ 07501-1602
County assessor Recorded deeds · 4 transfers 15 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
8 Morris, Paterson, NJ 07501-1706 $7,350,000 Jan 2025 41,952 SF
11 Spruce, Paterson, NJ 07501 $999,000 Oct 2023 51,540 SF
1 Morris, Paterson, NJ 07501-1746 $2,050,000 Jul 2023 17,000 SF
200-202 Riv, Paterson, NJ 07501 $890,000 Apr 2021 26,194 SF
22 Grn, Paterson, NJ 07501-2825 $8,740,348 Apr 2021 96,360 SF
102 Gray, Paterson, NJ 07501-3504 $1,310,000 Sep 2019 23,014 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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