Paterson City NJ property tax rate 2025: 5.335 after reassessment
Paterson City, Passaic County. 25,328 parcels in the MOD-IV 2026 file. Rate shown is tax year 2025 (latest available — not yet matched to assessment year).
2026 revaluation/reassessment town — 2026 general tax rate not in our warehouse yet. Showing 2025 rate against 2026 assessments; YoY % is withheld until the matching rate posts.
Paterson City at a glance
25,328 parcels are on the 2026 file. The 2025 general rate is 5.335, and the prior rate on file is 5.095 for 2024. A typical class 2 assessment is $481,301. Usable sales with a 2025 deed: 841, median $580,000. The state construction file lists 10,133 permits here. The median class 2 house was built in 1950. A property page adds that parcel’s permits, flood zone, mapped flood elevation, and high and low ground. Owner names are not shown.
How to read a Paterson City bill
Paterson City’s general rate of 5.335 is tax year 2025 on the 2026 assessment file. It is not a 2026 bill. The prior general rate on file is 5.095 for 2024. This municipality is on the 2026 reassessment list, so the rate move is the roll being reset. It is not, by itself, the change in the bill. School, county, and municipal shares of this rate are 24.5%, 19.6%, and 55.9%. The largest slice is municipal. In Passaic County the middle school share for rate year 2025 is 48.0% in Prospect Park Boro. Class 2 net assessments changed from $3,577,455,348 to $8,814,738,200, up 146.4%, on 18,313 parcels. Usable sales with a 2025 deed: median $580,000 (841 sales). The largest class share of net assessed value is Residential at 46.9%. State school aid is outside these bars.
Building permits in Paterson City
The New Jersey construction-permit file lists 10,133 permits in Paterson City. This file is a full record from 2021 on. Older permits are mostly missing. Work from before then can be missing here and still be at the Paterson City construction office.
2025 general tax rate in Paterson City: 5.335
This general rate is tax year 2025. The assessment file is 2026. It is not a 2026 bill.
In Passaic County, the median municipality’s school share (rate year 2025) is 48.0%; this town is 24.5%. The largest slice here is municipal. State school aid is not in these bars — it reduces the school levy before the rate is struck. All Passaic towns · How NJ taxes work.
The school percent is the local property-tax levy. The district for this municipality is Paterson City (K-12), FY2027 K–12 aid $655,704,220. Those aid figures are not slices of these bars. Passaic district table.
Prior year (2024) general rate: 5.095.
Tax on a $200,000 or $500,000 sale in Paterson City
These figures use Paterson City’s own ratio and general rate. How the same sale price is calculated for every town. This is not an appraisal and not a collector bill.
2025
A $500,000 sale at the 2025 ratio of 45.68% would be assessed at about $228,400. At the general rate of 5.335, the estimated tax is $12,185. A $200,000 sale at that same ratio and rate would be assessed at about $91,360, with an estimated tax of $4,874.
In Passaic County for 2025, the $500,000 bill runs from $7,580 in Totowa Boro to $14,609 in Prospect Park Boro. The middle bill is $11,619 in Hawthorne Boro. All Passaic towns.
See every New Jersey town on the same $200,000 and $500,000 sale for 2025.
Recent usable sales in Paterson City
These are the five newest usable deeds on the 2026 file for Paterson City. A $1 deed and a non-usable SR1A sale are left out. Each parcel stores one sale, so this is not every deed recorded in town.
| Address | Deed date | Sale price | Net assessment |
|---|---|---|---|
| 129-131 GENESSEE AVE | 12/29/2026 | $207,000 | $433,100 |
| 20 BARNERT PL | 2/9/2026 | $575,000 | $461,200 |
| 81 AUBURN ST | 2/2/2026 | $605,000 | $727,300 |
| PT 338-340 ELLISON ST | 1/30/2026 | $550,000 | $430,600 |
| 76 PARK AVE | 1/29/2026 | $3,000,000 | $2,606,000 |
Owner names are not shown. The rate year and the assessment file year differ, so this table does not print an estimated tax. This is not a collector’s bill.
Highest estimated tax in Paterson City: $119,749
Residential
The highest residential estimate in Paterson City is $119,749 at 855-887 BROADWAY, on a net assessment of $2,244,600 and a 2025 general rate of 5.335.
| Address | Class | Net assessment | Rate year | Estimated tax |
|---|---|---|---|---|
| 855-887 BROADWAY | 2 — Residential (four families or less) | $2,244,600 | 2025 | $119,749 |
| 512-514 E 28TH ST | 2 — Residential (four families or less) | $1,477,400 | 2025 | $78,819 |
| 163-171 DERROM AVE | 2 — Residential (four families or less) | $1,305,200 | 2025 | $69,632 |
| 482-484 RIVER ST | 2 — Residential (four families or less) | $1,269,900 | 2025 | $67,749 |
| 682-684 E 28TH ST | 2 — Residential (four families or less) | $1,239,300 | 2025 | $66,117 |
Business
The highest business estimate in Paterson City is $3,477,849 at 217-297 GETTY AVE, on a net assessment of $65,189,300 and a 2025 general rate of 5.335.
| Address | Class | Net assessment | Rate year | Estimated tax |
|---|---|---|---|---|
| 217-297 GETTY AVE | 4B — Industrial | $65,189,300 | 2025 | $3,477,849 |
| 311-345 E 43RD ST | 4A — Commercial | $46,261,600 | 2025 | $2,468,056 |
| 50-72 GRAY ST | 4B — Industrial | $34,264,200 | 2025 | $1,827,995 |
| 684-740 21ST AVE | 4B — Industrial | $31,501,200 | 2025 | $1,680,589 |
| 143-191 GETTY AVE | 4B — Industrial | $30,970,200 | 2025 | $1,652,260 |
Owner names are not shown. Every parcel in this town uses the same rate, so the highest tax is the highest assessment. Commercial and industrial parcels (class 4A and 4B) are the business list. Apartment buildings are class 4C and are not in that list. This is not a collector’s bill.
Ratable base in Paterson City, typical class 2 assessment $481,301
Class 2 residential in the MOD-IV file: 18,334 parcels, average net assessment $481,301.
How assessments changed
Class 2 residential net assessments changed from $3,577,455,348 to $8,814,738,200, up 146.4%, on 18,313 parcels that have both a prior net and a 2026 net. This is the reassessment roll. It is not the change in the tax bill.
Among 841 usable recorded sales whose latest deed on this file is in 2025, the median price is $580,000. A $1 deed and a non-usable SR1A sale are left out. Each parcel stores one sale, so this is not every deed recorded that year.
Share of net assessed value by property class (MOD-IV). Not a school-quality rating.
| Class | Parcels | Net assessed | % of net |
|---|---|---|---|
| Residential 2 | 18,334 | $8,824,179,100 | 46.9% |
| Vacant land 1 | 2,241 | $4,612,612,900 | 24.5% |
| Commercial 4A | 3,466 | $2,875,315,900 | 15.3% |
| Industrial 4B | 476 | $1,202,918,800 | 6.4% |
| Apartment 4C | 769 | $1,261,909,100 | 6.7% |
| Other / unclassified other | 42 | $22,216,313 | 0.1% |
Housing stock in Paterson City, median year built 1950
On the 2026 file, class 2 houses in Paterson City with a year built have a median year of 1950, about 76 years old. Of those 6,049 houses, the largest share was built Before 1940. This is the assessor’s year built. It is not a ranking of towns.
By parcel count, Residential 72.4%, Commercial 13.7%, Vacant land 8.8%, Apartment 3.0%, Industrial 1.9%, Other / unclassified 0.2%. Those percentages are a count of parcels, not a share of tax dollars. The class table uses the tax-base share.
Year built
Assessor building line
Grouped from the assessor’s building abbreviation. One-family, two-family, and condo are the codes that read clearly. Other codes stay in their own group. This is not a bedroom count, and square feet are left off because most records do not include them.