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Financial
Distress signals
Property profile

285 Straight St 295 Paterson, NJ 07501

OFF-MARKET
Industrial properties
Property ID
US59-2043243
50,862 SF 0.7 ac lot
Individually Owned Owner of record is an individual. 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 · 2023

What does the county charge?
$79k
Tax billed · 2023
Assessed value · 2024$1.62M
Assessed land$513k
Assessed improvement$1.10M
Effective rate4.90%

Value estimate

· Oct 2026
$970k
$873k – $1.07M
Submarket $/SF estimate$5.01M

Realmo valuation models over county records and 5 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 comparables5

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?
MU
I. MU Mixed Use District: The MU Mixed Use District is intended to permit a mixture of commercial and industrial uses in appropriate loca...
General categoryMIXED_USE
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 agency19.5
Assisted Living Facility9.2
Veterinary Clinic8.6

Location

285 Straight St, Unit 295 Paterson, NJ 07501-1900
County assessor Recorded deeds · not on file 5 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
183-229 Grand, Paterson, NJ 07501-2753 $30,300,000 Apr 2023 116,396 SF
22 Grn, Paterson, NJ 07501-2825 $8,740,348 Apr 2021 96,360 SF
200-202 Riv, Paterson, NJ 07501 $890,000 Apr 2021 26,194 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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