Realmo Analytics

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Financial
Distress signals
Property profile

490 Totowa Ave 500 Paterson, NJ 07522

OFF-MARKET
Industrial properties
Property ID
US59-1102441
17,489 SF 1 ac lot Built 1922
Last sale Jul 2021 · $1,860,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 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. 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 · 2022

What does the county charge?
$42k
Tax billed · 2022
Assessed value · 2023$901k
Assessed land$320k
Assessed improvement$581k
Effective rate4.64%

Value estimate

· Oct 2026
$2.71M
$2.44M – $2.98M
AI approach$2.57M
CAP approach$3.06M
Submarket $/SF estimate$2.47M

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?
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 agency21.5
Skin Care Clinic11.5
Catering Service9.7

Location

490 Totowa Ave, Unit 500 Paterson, NJ 07522-1541
County assessor Recorded deeds · 7 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
33 Bergen, Paterson, NJ 07522-1815 $2,200,000 Mar 2024 15,258 SF
506 Totowa, Paterson, NJ 07522-1541 $3,600,000 Nov 2022 17,915 SF
106-110 Kearney, Paterson, NJ 07522-1902 $550,000 Feb 2022 10,048 SF
15 Jane, Paterson, NJ 07522-1168 $2,378,422 Apr 2020 12,672 SF
7 Jane, Paterson, NJ 07522-1168 $821,578 Apr 2020 35,821 SF
486-488 Totowa, Paterson, NJ 07522-1541 $535,000 Mar 2019 6,356 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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