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116 N 1st St; Paterson, NJ Property Details

116 N 1st St, Paterson, NJ is a Residential General that was built in 1887. This property is currently Cash Purchase,Bank Sale and is for sale. Our records show that 116 N 1st St has 6 bedrooms, and 3 bathrooms, and a total of 2,115 square feet. The lot size of 116 N 1st St is 3,698 square feet.

On Market for 87 days
116-118 N 1st St Cv Paterson, NJ 07522
$499,000 Listing Price
6 Beds
3 Baths
2,115 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1887
  • Purchase Price: $49,900
  • Est. Equity / %: $607,000 / 100%
  • APN: 08-00112-0000-00018
  • Situs County: Passaic
  • Length Of Ownership: 15 years, 8 months

Rooms

  • Bedrooms: 6
  • Bathrooms: 3

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 2,115/SqFt
  • Lot: 3,698/SqFt
  • Living: 2,115/SqFt
  • Building: 2,115/SqFt
  • Price Per Square Foot: $23.59

Legal Description

  • Description: ADDITIONAL LOTS: P.118 N 1ST ST
Building Insights

Land Information

  • Property Type: Residential General
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Paterson City School District
  • Lat / Lon: 40.92797 / -74.169655
  • Property Class: Residential
  • County Use Code: 2

Ownership Info

116-118 N 1st St Cv has no associated ownership info
116-118 N 1st St Cv has no associated ownership info.

Taxes

116-118 N 1st St Cv has 10 associated Taxes items

116 N 1st St, Paterson, NJ pays taxes in Passaic County, NJ. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $412,800. The APN we've located for 116 N 1st St is 08-00112-0000-00018.

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Taxes
  • Assessed Value:  $412,800
  • Assessed Year:  2026
  • Assessed County:  Passaic
  • APN:  08-00112-0000-00018
  • Assessed Land Value:  118600
  • Market Land Value:  118600
  • Tax Amount:  8781
  • Tax Year:  2025
  • Market Value:  412800
  • Market Year:  2026

Tax History

116-118 N 1st St Cv has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $412,800 Land Value $118,600 Improvement Value $294,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $8,781 Change Rate +0.047102% Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $8,386 Change Rate +0.039114% Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $8,070.34 Change Rate +0.056226% Assessed CR Tax Rate
Year 2022 Assessed Value $164,600 Land Value $32,300 Improvement Value $132,300 Tax Amount $7,640.73 Change Rate +0.037086% Assessed CR Tax Rate +0.04642%
Year 2021 Assessed Value $164,600 Land Value $32,300 Improvement Value $132,300 Tax Amount $7,367.5 Change Rate +0.072096% Assessed CR Tax Rate +0.04476%
Year 2020 Assessed Value $164,600 Land Value $32,300 Improvement Value $132,300 Tax Amount $6,872.05 Change Rate +0.031859% Assessed CR Tax Rate +0.04175%
Year 2019 Assessed Value $161,100 Land Value $31,900 Improvement Value $129,200 Tax Amount $6,659.87 Change Rate -0.030543% Assessed CR Tax Rate +0.04134%
Year 2018 Assessed Value $158,800 Land Value $31,600 Improvement Value $127,200 Tax Amount $6,869.69 Change Rate +0.047158% Assessed CR Tax Rate +0.04326%
Year 2017 Assessed Value $157,700 Land Value $31,500 Improvement Value $126,200 Tax Amount $6,560.32 Change Rate -0.091381% Assessed CR Tax Rate +0.0416%
Year 2016 Assessed Value $166,400 Land Value $33,100 Improvement Value $133,300 Tax Amount $7,220.1 Change Rate +0.056233% Assessed CR Tax Rate +0.04339%
Year 2015 Assessed Value $166,400 Land Value $33,100 Improvement Value $133,300 Tax Amount $6,835.71 Change Rate -0.021933% Assessed CR Tax Rate +0.04108%
Year 2014 Assessed Value $241,000 Land Value $131,000 Improvement Value $110,000 Tax Amount $6,989 Change Rate +0.056851% Assessed CR Tax Rate +0.029%
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $6,613.04 Change Rate Assessed CR Tax Rate