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Residential (General/Single)Residential
$553,688$282 / 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 88How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $610,000 on Jul 31, 2026

116 MADISON ST

PATERSON, NJ 07501
0
Baths
1,961 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.
2,500 ft²
Lot SizeThe size of the land the home sits on, from county records.
1700
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Valuation

$554K
$486K low$621K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$610,000 · Jul 31, 2026

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,040 (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.$388,300 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$96,800
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$291,500
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$150,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$388,300

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(13)

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

Foreclosure Filings(1)

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%

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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

116 Madison St 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.

  • Worth more than 83% of homes in Paterson 07501
  • Costs less per square foot than 78% of homes in Passaic County
  • Has a smaller lot than 84% of homes in Passaic County
  • Older than 96% 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
$180K$717K

This home is worth more than 83% 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$553,688
CheaperTypical $425,520Pricier

Pricier than 83% of homes nearby

Price per ft²$282
CheaperTypical $256Pricier

Pricier than 61% of homes nearby

Living area1,961 ft²
SmallerTypical 2,040 ft²Bigger

Bigger than 46% of homes nearby

Lot size2,500 ft²
SmallerTypical 2,483 ft²Bigger

Bigger than 57% of homes nearby

Year built1700
OlderTypical 1700Newer

Newer than 56% of homes nearby

How 116 Madison St ranks against every home in each area.
MeasureThis homeSandy HillPaterson 07501Passaic County
Estimated valuepricier than$553,68882% of homes83% of homes42% of homes
Price per ft²pricier than$28277% of homes61% of homes22% of homes
Living areabigger than1,961 ft²43% of homes46% of homes61% of homes
Lot sizebigger than2,500 ft²72% of homes57% of homes16% of homes
Year builtnewer than170088% of homes56% of homes4% of homes

About 116 Madison St

How much is 116 Madison St, Paterson, NJ worth?

The TopHap Estimate for 116 Madison St, Paterson, NJ is $553,688 as of Aug 30, 2026. The likely range is $486,022 to $621,354. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 116 Madison St, Paterson, NJ last sell?

116 Madison St, Paterson, NJ last sold on Jul 31, 2026 for $610,000, according to the county's recorded deed. TopHap holds 8 recorded sales for this parcel.

How big is 116 Madison St, Paterson, NJ?

116 Madison St, Paterson, NJ has 1,961 square feet of living space and a 0.06-acre lot.

When was 116 Madison St, Paterson, NJ built?

116 Madison St, Paterson, NJ was built in 1700, making it 326 years old. The building has 2 stories.

How does 116 Madison St, Paterson, NJ compare to other homes in Paterson 07501?

Among the 3,758 homes in Paterson 07501, it is worth more than 83% of them ($553,688 against a typical $425,520), its price per square foot is higher than 61% of them ($282 against a typical $256), it is bigger than 46% of them (1,961 ft² against a typical 2,040 ft²), its lot is bigger than 57% of them (2,500 ft² against a typical 2,483 ft²) and it is newer than 56% of them (1700 against a typical 1700). 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 116 Madison St, Paterson, NJ?

The 2025 property tax bill for 116 Madison St, Paterson, NJ was $8,040. The county assessed it at $388,300.

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