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Residential (General/Single)Residential
$359,960$340 / 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 $250,000 on Sep 7, 2022

55 MAY ST

PATERSON, NJ 07524
0
Baths
1,060 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.
1
StoriesHow many floors the home has above ground.

Valuation

$360K
$334K low$386K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$250,000 · Sep 7, 2022

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,986 (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.$320,800 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$154,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$166,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$112,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$320,800

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.20 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
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.minimal

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.0.06
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(5)

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 07524These 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.107
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.111
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.112

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.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.9.9%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.21%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.6%
PopulationHow many people live in this area.13,876
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.17,597 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$56,307
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$74,341
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.50 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

Owner Tools

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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

55 May 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 less than 93% of homes in Passaic County
  • Costs more per square foot than 84% of homes in Paterson 07524
  • Smaller than 92% of homes in Paterson 07524
  • Has a smaller lot than 84% of homes in Passaic County

What homes are worth in Paterson 07524

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

This home
$256K$785K

This home is worth more than 9% of homes in Paterson 07524.

How it measures up in Paterson 07524

The dot is this home. The mark in the middle is the typical home in Paterson 07524.

Estimated value$359,960
CheaperTypical $549,668Pricier

Pricier than 9% of homes nearby

Price per ft²$340
CheaperTypical $270Pricier

Pricier than 84% of homes nearby

Living area1,060 ft²
SmallerTypical 2,084 ft²Bigger

Bigger than 8% of homes nearby

Lot size2,500 ft²
SmallerTypical 3,703 ft²Bigger

Bigger than 39% of homes nearby

How 55 May St ranks against every home in each area.
MeasureThis homeRiversidePaterson 07524Passaic County
Estimated valuepricier than$359,9608% of homes9% of homes7% of homes
Price per ft²pricier than$34077% of homes84% of homes47% of homes
Living areabigger than1,060 ft²9% of homes8% of homes10% of homes
Lot sizebigger than2,500 ft²28% of homes39% of homes16% of homes

About 55 May St

How much is 55 May St, Paterson, NJ worth?

The TopHap Estimate for 55 May St, Paterson, NJ is $359,960 as of Sep 24, 2026. The likely range is $333,522 to $386,398. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 55 May St, Paterson, NJ last sell?

55 May St, Paterson, NJ last sold on Sep 7, 2022 for $250,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 55 May St, Paterson, NJ?

55 May St, Paterson, NJ has 1,060 square feet of living space and a 0.06-acre lot.

How does 55 May St, Paterson, NJ compare to other homes in Paterson 07524?

Among the 1,601 homes in Paterson 07524, it is worth more than 9% of them ($359,960 against a typical $549,668), its price per square foot is higher than 84% of them ($340 against a typical $270), it is bigger than 8% of them (1,060 ft² against a typical 2,084 ft²) and its lot is bigger than 39% of them (2,500 ft² against a typical 3,703 ft²). Measured against all of Passaic County, it is worth more than 7% 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 55 May St, Paterson, NJ?

The 2025 property tax bill for 55 May St, Paterson, NJ was $5,986. The county assessed it at $320,800.

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