407 Main St Paterson, NJ 07501
Downtown Paterson NeighborhoodEstimated payment $5,009/month
About This Home
407 Main Street presents a rare investment opportunity in the heart of Downtown Patersonâ€TMs historic commercial corridor. With 3,840?sq ft of flexible commercial space and a prime walkable location near transit, shops, and restaurants, this property is well suited for a variety of business types from retail and professional offices to service and mixed use redevelopment. Its high visibility and strong foot traffic in a multi million dollar investment area make it attractive to both investors and owner users seeking stable income and long term growth potential in one of Northern New Jerseyâ€TMs most dynamic urban markets.
Property Details
Property Type
- Other
Est. Annual Taxes
- $13,797
Home Design
- Flat Roof Shape
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,797 | $270,800 | $77,500 | $193,300 |
| 2024 | $13,277 | $270,800 | $77,500 | $193,300 |
| 2022 | $12,571 | $270,800 | $77,500 | $193,300 |
| 2021 | $12,121 | $270,800 | $77,500 | $193,300 |
| 2020 | $11,306 | $270,800 | $77,500 | $193,300 |
| 2019 | $10,773 | $260,600 | $77,500 | $183,100 |
| 2018 | $10,136 | $234,300 | $77,500 | $156,800 |
| 2017 | $9,094 | $218,600 | $77,500 | $141,100 |
| 2016 | $9,650 | $222,400 | $81,300 | $141,100 |
| 2015 | $9,136 | $222,400 | $81,300 | $141,100 |
| 2014 | $10,510 | $362,400 | $88,000 | $274,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/16/2026 01/16/26 | For Sale | $749,999 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available | |
| Deed | $233,500 | None Available |
Source: New Jersey MLS
MLS Number: 26001912
APN: 08-06101-0000-00020
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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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