Financial
Distress signals
Property profile

46-48 2nd St 48 Paterson, NJ 07522

OFF-MARKET
Commercial real estate
Property ID
US59-1991035
4,000 SF 0.11 ac lot Built 1878
Last sale Jul 2023 · $375,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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 · 2022

What does the county charge?
$10k
Tax billed · 2022
Assessed value · 2023$225k
Assessed land$92k
Assessed improvement$133k
Effective rate4.64%

Value estimate

· Sep 2026
$475k
$428k – $523k
AI approach$440k

Realmo valuation models over county records and 5 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 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?
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 agency13.4
Nursing Home9.1
Assisted Living Facility8.9

Location

46-48 2nd St, Unit 48 Paterson, NJ 07522-1705
County assessor Recorded deeds · 3 transfers 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
25 Belmont, Paterson, NJ 07522-1575 $805,000 Feb 2025 3,828 SF
138 Belmont, Paterson, NJ 07522-1118 $365,000 Nov 2024 3,828 SF
19 White, Paterson, NJ 07522-1534 $625,000 Aug 2024 4,696 SF
129 Broadway, Paterson, NJ 07522-2073 $250,000 Aug 2024 4,400 SF
208 Redwood, Paterson, NJ 07522-1961 $4,400,000 Jul 2024 4,482 SF
116-118 Belmont, Paterson, NJ 07522-3101 $550,000 Jun 2024 3,791 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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