Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

608 Main St Paterson, NJ 07503

OFF-MARKET
Other commercial real estate
Property ID
US59-1941090
3,654 SF 0.05 ac lot
Last sale Mar 2026 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 608 Main St in Paterson City, New Jersey is a mixed-use building configured with a ground-floor bodega storefront and two residential apartments on the upper levels. Each apartment has the same layout, consisting of a living room, kitchen, three bedrooms, and one bathroom. The building includes an unfinished basement that provides additional storage space. The property requires a comprehensive rehabilitation affecting the retail storefront area, the residential apartment areas, and the basement level.

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 · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value · 2024$359k
Assessed land$66k
Assessed improvement$293k
Effective rate4.90%

Value estimate

· Nov 2026
$270k
$243k – $297k
AI approach$270k

Realmo valuation models over county records and 7 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 comparables7

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 agency12.6
Veterinary Clinic8.8
Shoe Repair8.7

Location

608 Main St Paterson, NJ 07503-3027
County assessor Recorded deeds · 3 transfers 7 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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