Financial
Distress signals
Property profile

971-973 Main St 973 Paterson, NJ 07503

OFF-MARKET
Commercial real estate
Property ID
US59-2134053
2,148 SF 0.05 ac lot
Last sale Jul 2003 · $13,570
Entity Owned Owner of record is a legal entity (LLC / corporation). 23-yr Hold Held for 23 years. 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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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?
$10k
Tax billed · 2022
Assessed value · 2023$216k
Assessed land$118k
Assessed improvement$98k
Effective rate4.64%

Value estimate

· Sep 2026
$305k
$275k – $336k
AI approach$305k

Realmo valuation models over county records and 38 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 comparables38

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?
B-2
F. B‐2 Community Business District: The intent of the B‐2 Community Business District is to provide sufficient space in appropriate locat...
General categoryCOMMERCIAL
JurisdictionPASSAIC

Location intelligence

Which uses thrive at this corner?
Best fit: Acupuncture
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Acupuncture9.7
Parking Facility9.1
Watch Repair Shop8.9

Location

971-973 Main St, Unit 973 Paterson, NJ 07503-2364
County assessor Recorded deeds · 3 transfers 38 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
1011 Main, Paterson, NJ 07503-2225 $675,000 Nov 2025 1,898 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
972 Main, Paterson, NJ 07503-2307 $1,100,000 Apr 2025 2,304 SF
1131 Main, Paterson, NJ 07503-1319 $185,000 Feb 2025 2,594 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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