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Residential (General/Single)Residential
$522,432$445 / 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 93How 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
Last sold for $345,000 on Dec 29, 2020

40 RICHMOND AVE

PATERSON, NJ 07502
0
Baths
1,175 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.
0.11 ac
Lot SizeThe size of the land the home sits on, from county records.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$522K
$486K low$559K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$345,000 · Dec 29, 2020

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$11,828 (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.$472,200 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$207,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$264,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$221,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$472,200

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.50 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.34%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

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.0.12
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(4)

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(3)

Neighborhood · ZIP 07502These 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.72
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.106
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.115

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.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.16%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.16%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.8%
PopulationHow many people live in this area.16,377
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.18,825 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$65,544
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$92,344
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

40 Richmond 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.

  • Worth less than 70% of homes in Paterson 07502
  • Costs more per square foot than 87% of homes in Passaic County
  • Smaller than 86% of homes in Passaic County
  • Has a smaller lot than 83% of homes in Hillcrest

What homes are worth in Paterson 07502

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

This home
$291K$845K

This home is worth more than 30% of homes in Paterson 07502.

How it measures up in Paterson 07502

The dot is this home. The mark in the middle is the typical home in Paterson 07502.

Estimated value$522,432
CheaperTypical $571,117Pricier

Pricier than 30% of homes nearby

Price per ft²$445
CheaperTypical $361Pricier

Pricier than 85% of homes nearby

Living area1,175 ft²
SmallerTypical 1,540 ft²Bigger

Bigger than 18% of homes nearby

Lot size0.11 ac
SmallerTypical 0.11 acBigger

Bigger than 34% of homes nearby

How 40 Richmond Ave ranks against every home in each area.
MeasureThis homeHillcrestPaterson 07502Passaic County
Estimated valuepricier than$522,43231% of homes30% of homes31% of homes
Price per ft²pricier than$44584% of homes85% of homes87% of homes
Living areabigger than1,175 ft²17% of homes18% of homes14% of homes
Lot sizebigger than0.11 ac17% of homes34% of homes33% of homes

About 40 Richmond Ave

How much is 40 Richmond Ave, Paterson, NJ worth?

The TopHap Estimate for 40 Richmond Ave, Paterson, NJ is $522,432 as of Sep 24, 2026. The likely range is $486,027 to $558,837. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40 Richmond Ave, Paterson, NJ last sell?

40 Richmond Ave, Paterson, NJ last sold on Dec 29, 2020 for $345,000, according to the county's recorded deed. TopHap holds 4 recorded sales for this parcel.

How big is 40 Richmond Ave, Paterson, NJ?

40 Richmond Ave, Paterson, NJ has 1,175 square feet of living space and a 0.12-acre lot.

How does 40 Richmond Ave, Paterson, NJ compare to other homes in Paterson 07502?

Among the 2,702 homes in Paterson 07502, it is worth more than 30% of them ($522,432 against a typical $571,117), its price per square foot is higher than 85% of them ($445 against a typical $361), it is bigger than 18% of them (1,175 ft² against a typical 1,540 ft²) and its lot is bigger than 34% of them (0.11 ac against a typical 0.11 ac). Measured against all of Passaic County, it is worth more than 31% 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 40 Richmond Ave, Paterson, NJ?

The 2025 property tax bill for 40 Richmond Ave, Paterson, NJ was $11,828. The county assessed it at $472,200.

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