- 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
116 N 1st St; Paterson, NJ Property Details
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 Type
Residential GeneralProperty 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.
Unlock the full reportTaxes
Tax History
116-118 N 1st St Cv has 14 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax 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 |