218 Spring St, Paterson, NJ 07503 Property Records

Passaic County and Paterson City property record for 218 Spring St, Paterson, NJ 07503

Property Summary

Property Type	Apartments (5+ Units)
Lot Size	0.086 acres (3,751 sqft)
Owner	Company Name on File
Last Sale	$3,500,000 (Jun 2019)
Tax Bill	$2,401 (2025)
Deeds & Mortgages	Feb 2022 Mortgage Apr 2021 Construction Loan + 2 more
Flood Zone	Zone X (minimal risk)
APN	`08-05808-0000-00003`

Property Details

APN / Parcel Number

Primary APN	`08-05808-0000-00003`
Alternative APN	`08I1068000000025`

Interior

Stories	1 Story

Exterior

Exterior Material	Concrete Block
Construction Type	Masonry / Concrete Block
Lot Area	3,751 sqft (0.086 acres)
Lot Dimensions	150 ft deep x 25 ft wide
Parking Spaces	2 Parking Spaces

Location & Zoning

Old Parcel Number	08I1068000000025
Street Address	218 SPRING ST
City	PATERSON
State	NJ
Zip	07503-3040
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	HOS2
Legal Description	ADDITIONAL LOTS: 30 YEAR ABATE STARTS 1/2020
Legal Subdivision	SPRING ST
Legal Block	5808
Legal Lot Number	3
Jurisdiction	PASSAIC NJ
Township / Civil Division	PATERSON
Census Block Group	2
Census Block	2015
Census Tract	182900

Owner

218 Spring St, a residential property, is owned by a company that acquired it in March 2021.

Source: Passaic County and Paterson City records, as of July 8, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Company Name on File
Mailing Address	175 BROADWAY, 1, PATERSON, NJ 07505-1117
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Feb 18, 2022	Deed of Trust, Mortgage · Commercial Mortgage COREVEST AMERICAN FINANCE LENDER LLC
Apr 6, 2021	Deed, Construction Loan · Construction Mortgage COLONY AMERICAN FINANCE LENDER LLC
Jun 26, 2019	Deed, Transfer · Commercial Mortgage SHARESTATES INVESTMENTS LLC
Oct 26, 2018	Grant Deed, Transfer ALPHA LOAN SERVICING LLC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 26, 2019 · Amount on File
Deed Sale	Jun 26, 2019 · Amount on File
Prior Sale	Oct 26, 2018 · Amount on File
Deed Document Number	201927477
Deed Book / Page	3605 / 186
Last Transfer Date	Mar 3, 2021
Transfer Doc	0000023485
Record Updated	Sep 20, 2026

February 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	PASSAIC NJ
Property Address	218 SPRING ST, PATERSON, NJ 07503
Transaction Type	Mortgage
Record Updated	Aug 18, 2022
Title Company	ANS TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000010416
Date	Feb 18, 2022
Book Page	M17816/100
Instrument	2022010416

Lender

Name	COREVEST AMERICAN FINANCE LENDER LLC
Type	Non-Lending Institution
Address	IRVINE, CA 92614

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

April 2021: Deed, Construction Loan

Document Type	Deed
Jurisdiction	PASSAIC NJ
Recording Date	Apr 6, 2021
Property Address	218 SPRING ST, PATERSON, NJ 07503
Document Number	0000023485
Book / Page	D4007 / 107
Instrument Date	Mar 3, 2021
Instrument	2021023485
Transaction Type	Construction Loan
Record Updated	Aug 18, 2022
Title Company	ANS TITLE

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name
Address	175 BROADWAY1ST, 175, PATERSON, NJ 07505

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	175 BROADWAY # 1ST, PATERSON, NJ 07505-1117

Mortgage

Document Number	0000023486
Date	Apr 6, 2021
Instrument	2021023486

Lender

Name	COLONY AMERICAN FINANCE LENDER LLC
Type	Mortgage Company

Agreement

Type	Construction Mortgage
Amount	Amount on Record

June 2019: Deed, Transfer

Document Type	Deed
Jurisdiction	PASSAIC NJ
Recording Date	Jun 26, 2019
Property Address	218 SPRING ST, PATERSON, NJ 07503
Document Number	0000027477
Book / Page	D3605 / 0186
Instrument Date	May 1, 2019
Instrument	2019027477
Transaction Type	Transfer
Record Updated	Aug 18, 2022
Title Company	MULTIPLE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$12,250.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name
Address	359 SUMMERHILL DRIVE, 359, NEWBURYPORT, MA

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	449 E 18TH ST, PATERSON, NJ 07524-2711

Mortgage

Document Number	0000027480
Date	Jun 26, 2019
Book Page	M15578/0260
Instrument	2019027480

Lender

Name	SHARESTATES INVESTMENTS LLC
Type	Non-Lending Institution
Address	GREAT NECK, NY 11021

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

October 2018: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	PASSAIC NJ
Recording Date	Oct 26, 2018
Property Address	218 SPRING ST, PATERSON, NJ 07503
Document Number	0000049383
Book / Page	003437 / 000192
Instrument Date	Sep 28, 2018
Instrument	49383
Transaction Type	Transfer
Record Updated	Dec 6, 2018
Title Company	SUNRISE TITLE SERVICES INC, SUNRISE TITLE SVCS INC

Transaction

Amount	Amount on Record
Tax	$200.00
Amount Accuracy	Confirmed
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	641 BROADWAY #3 PATERSON NJ 075141993, 3, PATERSON, NJ 07514-1993

Mortgage

Document Number	49386
Date	Oct 26, 2018
Book Page	015265/000001
Instrument	49386

Lender

Name	ALPHA LOAN SERVICING LLC
Type	Bank
Address	LAKEHURST, NJ 08733

Agreement

Amount	Amount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 218 Spring St was $2,401, up 4.7% from the year before.

Source: Passaic County and Paterson City assessment roll, as of July 8, 2026

Property Jurisdictions

Type	Name
State	New Jersey
County	Passaic County
Municipality	Paterson City
Unified School District	Paterson City School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$45,000 (-) Land $45,000	$45,000 (-) Land $45,000
2025	$2,401.00 (+4.71%)	$45,000 Land $45,000	$45,000 Land $45,000
2024	$2,293.00
2023		$45,000 Land $45,000	$45,000 Land $45,000
2022	$2,088.00

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 218 Spring St in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective May 29, 2024

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

The area around 218 Spring St has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	PASSAIC VALLEY WATER COMMISSION serves 310,483 people · EPA ID NJ1605002
Water Source	Surface water
Lead	2 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	Corrosion control Jul 2021
Monitoring and Reporting	2 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 335 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Optimum Fiber · Cable	8,000 / 8,000
Verizon Fiber · Fixed Wireless in parts of the area	2,300 / 2,300

May also be available: AT&T, T-Mobile.

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