Financial
Distress signals
Property profile

405-407 21st St 407 Paterson, NJ 07513

OFF-MARKET
Commercial real estate
Property ID
US59-1465527
3,791 SF 0.11 ac lot
Last sale Oct 2022 · $799,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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.

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 · 2022

What does the county charge?
$13k
Tax billed · 2022
Assessed value · 2023$290k
Assessed land$64k
Assessed improvement$226k
Effective rate4.64%

Value estimate

· Sep 2026
$790k
$711k – $869k
AI approach$820k
CAP approach$770k
Submarket $/SF estimate$662k

Realmo valuation models over county records and 30 qualifying comparable sales.

Recently sold

What actually traded nearby?
$210/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$101 – $286
Qualifying comparables30

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 agency20.3
Parking Facility11.2
Skin Care Clinic11.0

Location

405-407 21st St, Unit 407 Paterson, NJ 07513-1607
County assessor Recorded deeds · 1 transfer 30 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
433 21st, Paterson, NJ 07513-1680 $750,000 Dec 2024 3,744 SF
846-848 Market, Paterson, NJ 07513-1180 $765,000 Nov 2024 4,535 SF
331 Vreeland, Paterson, NJ 07513-1036 $65,000 Jun 2024 4,138 SF
450 21st, Paterson, NJ 07513-1602 $540,000 May 2024 3,692 SF
447 21st, Paterson, NJ 07513-1601 $1,220,000 Aug 2022 4,284 SF
781-783 Market, Paterson, NJ 07513-1242 $860,000 Jun 2022 3,500 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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