Skip to content
Skip to content
TopHapOpen in map
Residential (General/Single)Residential
$568,301$278 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 91How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

1055 MADISON AVE

PATERSON, NJ 07501
0
Baths
2,042 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
2,701 ft²
Lot SizeThe size of the land the home sits on, from county records.
2
StoriesHow many floors the home has above ground.

Valuation

$568K
$520K low$617K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,915 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$420,600 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$113,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$307,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$167,100
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$420,600

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Residential (General/Single)
CountyPASSAIC
Lot (acres)The size of the land the home sits on, from county records.0.06
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Neighborhood · ZIP 07501These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.145
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.109
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.111

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.7.6%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.25%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.36,820
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.20,589 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$43,182
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$56,895
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.51 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

Owner Tools

Do you own this home?
Claim this home

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1055 Madison Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Costs less per square foot than 80% of homes in Passaic County
  • Bigger than 65% of homes in Passaic County
  • Has a smaller lot than 83% of homes in Passaic County

What homes are worth in Paterson 07501

Each bar is how many homes fall in that price range. The marker is this home.

This home
$252K$803K

This home is worth more than 63% of homes in Paterson 07501.

How it measures up in Paterson 07501

The dot is this home. The mark in the middle is the typical home in Paterson 07501.

Estimated value$568,301
CheaperTypical $523,308Pricier

Pricier than 63% of homes nearby

Price per ft²$278
CheaperTypical $270Pricier

Pricier than 54% of homes nearby

Living area2,042 ft²
SmallerTypical 2,042 ft²Bigger

Bigger than 50% of homes nearby

Lot size2,701 ft²
SmallerTypical 2,483 ft²Bigger

Bigger than 60% of homes nearby

How 1055 Madison Ave ranks against every home in each area.
MeasureThis homePeople's ParkPaterson 07501Passaic County
Estimated valuepricier than$568,30137% of homes63% of homes42% of homes
Price per ft²pricier than$27840% of homes54% of homes20% of homes
Living areabigger than2,042 ft²44% of homes50% of homes65% of homes
Lot sizebigger than2,701 ft²37% of homes60% of homes17% of homes

About 1055 Madison Ave

How much is 1055 Madison Ave, Paterson, NJ worth?

The TopHap Estimate for 1055 Madison Ave, Paterson, NJ is $568,301 as of Sep 24, 2026. The likely range is $519,587 to $617,015. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1055 Madison Ave, Paterson, NJ last sell?

1055 Madison Ave, Paterson, NJ last sold on Sep 4, 2003, according to the county's recorded deed.

How big is 1055 Madison Ave, Paterson, NJ?

1055 Madison Ave, Paterson, NJ has 2,042 square feet of living space and a 0.06-acre lot.

How does 1055 Madison Ave, Paterson, NJ compare to other homes in Paterson 07501?

Among the 3,758 homes in Paterson 07501, it is worth more than 63% of them ($568,301 against a typical $523,308), its price per square foot is higher than 54% of them ($278 against a typical $270), it is bigger than 50% of them (2,042 ft² against a typical 2,042 ft²) and its lot is bigger than 60% of them (2,701 ft² against a typical 2,483 ft²). Measured against all of Passaic County, it is worth more than 42% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1055 Madison Ave, Paterson, NJ?

The 2025 property tax bill for 1055 Madison Ave, Paterson, NJ was $8,915. The county assessed it at $420,600.

More homes on Madison Ave

Closest homes

More homes in Paterson 07501

Explore the area

See this home in context

Open 1055 Madison Ave on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map