248 Spring St, Paterson, NJ 07503 Property Records

Passaic County and Paterson City property record for 248 Spring St, Paterson, NJ 07503

Property Summary

Property TypeSingle Family Home
Details1,176 sqft · built 1940
Lot Size0.057 acres (2,500 sqft)
OwnerCompany Name on Record
Last Sale$337,000 (Dec 2025)
Tax Bill$5,410 (2025)
Deeds & MortgagesJul 2026 Construction Loan
Dec 2025 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN08-05805-0000-00007

Property Details

APN / Parcel Number

Primary APN08-05805-0000-00007
Alternative APN
  • 08I1065000000031

Interior

Stories2 Stories
Building Area1,176 sqft Living Area

Exterior

Year BuiltBuilt 1940
Effective Year BuiltEffective 1940
Construction TypeFrame
Lot Area2,500 sqft (0.057 acres)
Lot Dimensions100 ft deep x 25 ft wide

Location & Zoning

Old Parcel Number08I1065000000031
Street Address248 SPRING ST
CityPATERSON
StateNJ
Zip07503-3041
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal Block5805
Legal Lot Number7
JurisdictionPASSAIC NJ
Township / Civil DivisionPATERSON
Census Block Group1
Census Block1001
Census Tract182900

Owner

Source: Passaic County and Paterson City records, as of August 12, 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 RecordCompany Name on Record
Mailing Address8 KIPP CT, WAYNE, NJ 07470-3517
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
Jul 14, 2026Deed of Trust, Mortgage · Construction Mortgage
FIRST AMERICAN TITLE INSURAN C, FIRST AMERICAN TITLE INSURAN
Dec 2, 2025Deed, Transfer · Commercial Mortgage
PLANET MANAGEMENT GROUP LLC

Assessor's Deed Record

Deed NamesName on Deed
Last SaleDec 2, 2025 · Amount on Record
Deed SaleDec 2, 2025 · Amount on Record
Prior SaleJun 17, 2005 · Amount on Record
Deed Document Number202540643
Deed Book / Page5009 / 207
Record UpdatedSep 20, 2026

July 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionPASSAIC NJ
Recording DateJul 14, 2026
Property Address248 SPRING ST, PATERSON, NJ 07503-3041
Document Number0000024128
Book / Page20034 / 84
Instrument DateJun 30, 2026
Instrument202624128
Transaction TypeMortgage
Record UpdatedAug 12, 2026
Title CompanyFIRST AMERICAN TITLE INSURAN C, FIRST AMERICAN TITLE INSURAN

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Liability Partnership, 266
Address248 SPRING ST, PATERSON, NJ 07503-3041

Mortgage

Document Number0000024128,
DateJul 14, 2026
Book Page20034/84
Instrument202624128
Lender
Agreement
TypeConstruction Mortgage
AmountAmount Recorded
Term360 Months
DueJul 1, 2056
Interest
Rate6.48%
Max Rate-1%

December 2025: Deed, Transfer

Document TypeDeed
JurisdictionPASSAIC NJ
Recording DateDec 2, 2025
Property Address248 SPRING ST, PATERSON, NJ 07503-3041
Document Number0000040643
Book / PageD5009 / 207
Instrument DateNov 24, 2025
Instrument2025040643
Transaction TypeTransfer
Record UpdatedJan 7, 2026
Title CompanyWORLDWIDE TITLE GROUP LLC, WORLDWIDE TITLE LLC

Transaction

AmountAmount Recorded
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address122 PARK AVE, EAST ORANGE, NJ 07017-5248

Transferred To (Grantee/Buyer)

NameVerified Name
Address8 KIPP CT, WAYNE, NJ 07470-3517

Mortgage

Document Number0000040644
DateDec 2, 2025
Instrument2025040644
Lender
NamePLANET MANAGEMENT GROUP LLC
TypeNon-Lending Institution
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term372 Months
DueDec 1, 2056

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateNew Jersey
CountyPassaic County
MunicipalityPaterson City
Unified School DistrictPaterson City School District (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$303,000 (+198.82%) Land $117,000 Building $186,000$303,000 (+198.82%) Land $117,000 Building $186,000
2025$5,410.00 (+4.72%)$101,400 (-) Land $28,700 Building $72,700$101,400 (-) Land $28,700 Building $72,700
2024$5,166.00 (+9.77%)
2023$101,400 Land $28,700 Building $72,700$101,400 Land $28,700 Building $72,700
2022$4,706.00

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

Flood

Source: FEMA National Flood Hazard Layer, effective May 29, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Claims2 (1989)
Claims Outside the SFHA2 of 2
Most Recent ClaimJun 1989 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

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

Wildfire RiskNot 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 SystemPASSAIC VALLEY WATER COMMISSION
serves 310,483 people · EPA ID NJ1605002
Water SourceSurface water
Lead2 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureCorrosion control
Jul 2021
Monitoring and Reporting2
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

ProviderMax 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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