Financial
Distress signals
Property profile

508 Straight St 530 Paterson, NJ 07503

OFF-MARKET
Industrial properties
Property ID
US59-1908922
30,906 SF 0.46 ac lot
Last sale Jun 1999 · $187,725
Entity Owned Owner of record is a legal entity (LLC / corporation). 25-yr Hold Held for 25 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$83k
Tax billed · 2022
Assessed value · 2023$1.79M
Assessed land$202k
Assessed improvement$1.58M
Effective rate4.64%

Value estimate

· Sep 2026
$3.45M
$3.11M – $3.80M

Realmo valuation models over county records and 15 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 comparables15

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-2
K. I‐2 Heavy Industrial District: The intent of the I‐2 Heavy Industrial District is to provide land for more intense types of industrial...
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 agency37.2
Veterinary Clinic11.7
Skin Care Clinic10.4

Location

508 Straight St, Unit 530 Paterson, NJ 07503-3044
County assessor Recorded deeds · 2 transfers 15 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
58 Washington, Paterson, NJ 07503-3048 $1,500,000 Dec 2025 16,196 SF
19-21 California, Paterson, NJ 07503-2520 $850,000 Apr 2025 18,184 SF
262 Wabash, Paterson, NJ 07503-1612 $1,300,000 Aug 2024 7,771 SF
1183 Madison, Paterson, NJ 07503 $9,700,000 Jun 2023 86,320 SF
600-602 Main, Paterson, NJ 07503-3027 $600,000 Nov 2021 15,130 SF
243-247 Lindbergh, Paterson, NJ 07503-2800 $9,648,887 Jun 2021 23,110 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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