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Financial
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Property profile

402 10th Ave Paterson, NJ 07514

OFF-MARKET
Commercial real estate
Property ID
US59-2601232
2,510 SF 0.06 ac lot
Last sale Nov 2003 · $200,000
Individually Owned Owner of record is an individual. 22-yr Hold Held for 22 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Paterson, NJ retail property, located at 402 10th Ave (cross street: 10th Ave), offers two available commercial spaces totaling 1,055 square feet within a 2,600 square foot building. Each space boasts a flexible layout, ideal for a variety of retail or service-oriented businesses. Space sizes range from 505 to 550 square feet, and both include an unfinished basement for extra storage. Recently renovated in 2024, the property features air conditioning for tenant comfort. The…

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 · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value · 2024$385k
Assessed land$65k
Assessed improvement$320k
Effective rate4.90%

Value estimate

· Oct 2026
$475k
$428k – $523k
AI approach$475k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$166/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$88 – $270
Qualifying comparables10

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-2
F. B‐2 Community Business District: The intent of the B‐2 Community Business District is to provide sufficient space in appropriate locat...
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 agency24.5
Parking Facility15.8
Law Firm11.8

Location

402 10th Ave Paterson, NJ 07514-2411
County assessor Recorded deeds · 6 transfers 10 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
636 19th, Paterson, NJ 07514-2805 $45,000 Jul 2024 2,359 SF
496 Broadway, Paterson, NJ 07514-2837 $700,000 May 2024 2,125 SF
435 10th, Paterson, NJ 07514-2472 $415,000 Feb 2024 2,492 SF
445 10th, Paterson, NJ 07514-1809 $290,000 Nov 2023 2,750 SF
66-68 33rd, Paterson, NJ 07514-1304 $615,000 Jul 2023 2,884 SF
581 18th, Paterson, NJ 07514-2624 $400,000 May 2023 2,247 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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