Paterson  »  07501  »  Riverside

48 Lafayette Street, Paterson, NJ 07501

Riverside, Passaic
Building in Riverside
2 Stories
Built in 1900
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By SHARONDA SCOTT
Welcome to 48 Lafayette Street, a building located in Riverside, Passaic in Paterson, NJ. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1900. There are a total of 2 floors. Finally, 48 Lafayette Street was most recently sold on May 11, 2022 for $400,000. The market value for the land that the building sits on has been listed at $13,800. In addition, improvements upon the building have an added value of $103,100. In total, the total market value of the property as a whole is $116,900. According to local assessors, the total value of the building is currently valued at $116,900. Specifically, the value of the land that the property sits on has been assessed at $13,800. The building was last assessed in 2022.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
General
Year Built
1900
Effective Year Built
1900
Bedroom Count
0
Building Condition
unknown
Building Quality
unknown
Construction Type
Frame
Building Style
unknown
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
2
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Land Acres
0.057
Standard Land Use Code
Single family residential
County Land Use Code
unknown
Ownership
Current Owner
FORTUNE V & W LLC
Current Owner's Name
FORTUNE V & W LLC
Previous Owner
24F HOLDINGS LLC
Previous Owner's Name
24F HOLDINGS LLC
Owner Address - City
NEWARK
Owner Address - State
NJ
Owner Address - ZIP Code
07107
Owner Before Previous Owner
BRUCE BURNS
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Paterson City School District
Census Tract
181500
Census Block Code
1001
Census Group
1
Census Year
2022
Census - Combined Statistical Area - Area Code
408
Census - Combined Statistical Area - Area Name
New York-Newark, NY-NJ-CT-PA
Census - County FIPS
34031
Census - Full FIPS
340311815001001
Census - Metropolitan Division - Area Code
35614
Census - Metropolitan Division - Area Name
New York-Jersey City-White Plains, NY-NJ
Census - Metro Micro Statistical Area - Area Code
35620
Census - Metro Micro Statistical Area - Area Name
New York-Newark-Jersey City, NY-NJ-PA
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
3457000
Census Source
US Census Bureau
Census State FIPS
34
Census Tract Code
181500
School District - Unified - Grade High
12
School District - Unified - Grade Low
KG
School District - Unified - LEA Code
3412690
School District - Unified - Name
Paterson City School District
Zoning
Geography
District
08
Parcel
08 03108-0000-00004
Block
3108
Lot
4
Lot Code
unknown
Municipality
PATERSON CITY
Latitude
40.9255
Longitude
-74.1639
FIPS
34031
Mailing Carrier Code
C019
Mailing Street Direction
S
Mailing Full Street Address
89 S 14TH ST
Mailing House Number
89
Mailing Street Mode
ST
Mailing Street
14TH
Mailing 4-Digit Zip Code
1013
Geo Status Code
Prior to setting the GEOsource field the default value was 'P'.
Valuation
Timestamp
2023-06-15 15:57:43
UCID Flag
C
More About The Building
In total, the building area is listed as 1,650 square feet. The depth of the property lot was measured at 1,000 square feet and the front at 250 square feet. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 48 Lafayette Street is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Riverside area have a median price of $2,025. Those in the 25th percentile, have a price around $1,675. While those in the 75th percentile, have a price around $2,613. As a breakdown, we've included the following stats:

  • There is currently one advertised studio listing.
  • There is currently a single advertised one bedroom listing.
  • There are currently no two bedroom listings being advertised in the area.
  • There is currently a single advertised three bedroom listing.
  • There is currently a single advertised four bedroom listing.
About The Area
48 Lafayette Street is located in Passaic County, New Jersey. There are 507,204 people living here. There are 161,534 households. Most of these households have an average family size of 3.66 people. According to the census, 47% are currently renting while 53% own their homes. The median age of this population is around 36.5 years old. On average, most folks in the county are unmarried. About 48% of folks speak a language other than English in this area. The area's employment rate is currently around 58.9%. Speaking of employment, the median income is $61,664. Most folks will commute by car for around 27.3 minutes. Finally, we know that 34% of residents in the area have graduated with their high school degree. Additionally, 18% and 9% have their Bachelor's and Master's degree, respectfully.

Moving on to the urban area level. New York - Newark, NY - NJ - CT Urban Area has a population of 18,812,161 people. Based on census records, there are 6,707,347 registered households. Families in this area are on average made up of 3.42 people per household. Most folks are unmarried. They are also typically around 37.8 years old. Does diversity matter to you? Right now, 40% of folks speak a language other than English here. About 50% rent while 50% purchased their homes. Right now, the community is made up of 25% of residents who have graduated with at least a high school degree. On top of that, 22% have a Bachelor's degree and 16% have a Master's degree. The employment rate is currently around 59.7%. Those employed, have a median income of $68,319.

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Studio Median Rent
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1BR Median Rent
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2BR Median Rent
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3BR Median Rent

Nearby Schools

(within attendance boundary)
School 10  •  0.2 mi
48 Mercer Street, Paterson, NJ 07524
Public  •  Elementary  •  Grades KG to 8
Paterson City School District
55 Clinton Street, Paterson, NJ 07522
Public  •  Middle School  •  Grades 2 to 8
Paterson City School District
201 Memorial Drive, Paterson, NJ 07505
Public  •  High School  •  Grades 9 to 12
Paterson City School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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