Financial
Distress signals
Property profile

607-609 Main St Paterson, NJ 07503

OFF-MARKET
Commercial real estate
Property ID
US59-2175145
4,064 SF 0.1 ac lot
Last sale Apr 2002 · $220,000
Individually Owned Owner of record is an individual. 18-yr Hold Held for 18 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?
$16k
Tax billed · 2022
Assessed value · 2023$355k
Assessed land$125k
Assessed improvement$230k
Effective rate4.64%

Value estimate

· Sep 2026
$375k
$338k – $413k
CAP approach$825k
Sales comparison$436k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$261/SF
ZIP average, outlier-cleaned · 71 recorded sales of this use type
Observed band · Q1–Q3$115 – $390
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?
MU
I. MU Mixed Use District: The MU Mixed Use District is intended to permit a mixture of commercial and industrial uses in appropriate loca...
General categoryMIXED_USE
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 agency11.1
Veterinary Clinic8.8
Shoe Repair8.7

Location

607-609 Main St Paterson, NJ 07503-3096
County assessor Recorded deeds · 2 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
1016 Main, Paterson, NJ 07503-2212 $3,000,000 Jun 2025 4,471 SF
21-23 Washington, Paterson, NJ 07503-3066 $1,150,000 May 2025 2,891 SF
838 Main, Paterson, NJ 07503-2617 $550,000 May 2025 3,445 SF
1131 Main, Paterson, NJ 07503-1319 $185,000 Feb 2025 2,594 SF
1255-1257 Madison, Paterson, NJ 07503-2612 $750,000 Jan 2025 5,328 SF
391 Crooks, Paterson, NJ 07503-1020 $172,420 Oct 2024 2,767 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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