Realmo Analytics

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Property profile

89 Market St Paterson, NJ 07505

OFF-MARKET
Other commercial real estate
Property ID
US59-1723123
4,744 SF 0.06 ac lot
Last sale Sep 2026 · $999,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A five-unit mixed-use building with commercial and residential components. The ground floor has a long-standing liquor store/bar, while the upper level contains four residential apartments: two 2-bedroom units and two 1-bedroom units. One of the 2-bedroom apartments is expected to be vacant based on the referenced timeline, and the residential units include at least one previously updated unit with remaining units representing potential for renovation. The building is described as having an…

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?
$20k
Tax billed · 2023
Assessed value · 2024$364k
Assessed land$136k
Assessed improvement$228k
Effective rate5.58%

Value estimate

· Nov 2026
$385k
$347k – $424k
AI approach$385k
Submarket $/SF estimate$658k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$173/SF
ZIP average, outlier-cleaned · 66 recorded sales of this use type
Observed band · Q1–Q3$84 – $250
Qualifying comparables9

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?
GFHD
L. GFHD Great Fall Historic District: The intent of the GFHD Great Falls Historic District is to safeguard the heritage and history of th...
General categorySPECIAL
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 agency18.0
Catering Service9.4
Skin Care Clinic9.1

Location

89 Market St Paterson, NJ 07505-1274
County assessor Recorded deeds · 2 transfers 9 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
366-368 Main, Paterson, NJ 07505-1845 $534,000 Jul 2025 4,524 SF
326-328 Grand, Paterson, NJ 07505-2085 $1,200,000 Nov 2024 4,806 SF
98-100 Market, Paterson, NJ 07505-1267 $1,200,000 Oct 2024 5,472 SF
102-104 Market, Paterson, NJ 07505-1208 $1,200,000 Oct 2024 3,969 SF
67 Main, Paterson, NJ 07505-1027 $190,000 Jul 2024 3,750 SF
29 Church, Paterson, NJ 07505-1306 $400,000 May 2024 4,100 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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