FIRST AMERICAN TITLE, FIRST AMERICAN TITLE INSURAN
Transferred To (Grantee/Buyer)
Name
Verified Name
Address
487 MAIN ST, PATERSON, NJ 07501-2897
Mortgage
Document Number
0000015461,
Date
May 5, 2026
Book Page
19927/65
Instrument
202615461
Lender
Name
PARAMOUNT RESIDENTIAL MORTGAGE GROUP INC
Agreement
Type
Conventional Mortgage
Amount
Amount on Record
Term
360 Months
Due
May 1, 2056
Interest
Rate Type
Fixed Rate
Rate
6.38%
Initial Type
Fixed Rate
Max Rate
-1%
April 2021: Intrafamily Transfer, Transfer
Document Type
Intrafamily Transfer
Jurisdiction
PASSAIC NJ
Recording Date
Apr 7, 2021
Property Address
487 MAIN ST, PATERSON, NJ 07501-2897
Document Number
0000024089
Book / Page
D4008 / 257
Instrument Date
Feb 22, 2021
Instrument
2021024089
Transaction Type
Transfer
Record Updated
Nov 4, 2021
Title Company
MAIN STREET TITLE
Transaction
Tax
$0.00
Amount Accuracy
Transfer Tax Exempt
Additional
Intrafamily Transfer
Transferred From (Grantor/Seller)
Name
Verified Name
Transferred To (Grantee/Buyer)
Name
Verified Name
Address
487 MAIN ST, PATERSON, NJ 07501-2897
Mortgage
Document Number
0000024090
Date
Apr 7, 2021
Instrument
2021024090
Lender
Name
HOMEBRIDGE FINANCIAL SERVICES INC
Type
Mortgage Company
Agreement
Type
FHA Mortgage
Amount
Amount on Record
Term
359 Months
Due
Mar 1, 2051
October 2019: Deed of Trust, Mortgage
Document Type
Deed of Trust
Jurisdiction
PASSAIC NJ
Property Address
487 MAIN ST, PATERSON, NJ 07501-2897
Transaction Type
Mortgage
Record Updated
Feb 5, 2021
Title Company
MAIN STREET TITLE
Transferred To (Grantee/Buyer)
Name
Verified Name
Mortgage
Document Number
0000046336
Date
Oct 10, 2019
Book Page
M15765/0058
Instrument
2019046336
Lender
Name
HOMEBRIDGE FINANCIAL SERVICES INC
Type
Funding / Finance Company
Address
ISELIN, NJ 08830
Agreement
Type
FHA Mortgage
Amount
Amount on Record
Term
360 Months
Due
Oct 1, 2049
May 2017: Deed, Transfer
Document Type
Deed
Jurisdiction
PASSAIC NJ
Recording Date
May 30, 2017
Property Address
487 MAIN ST, PATERSON, NJ 07501-2897
Document Number
0000025816
Book / Page
D3062 / 0059
Instrument Date
Apr 28, 2017
Instrument
2017025816
Transaction Type
Transfer
Record Updated
Nov 4, 2021
Transaction
Amount
Amount on Record
Downpayment
Downpayment on Record
Loan-to-Value (LTV)
LTV on Record
Tax
$229.50
Amount Accuracy
Full Amount Stated
Additional
Arm's Length
Transferred From (Grantor/Seller)
Name
Verified Name
Address
160 N 5TH ST, 160, PATERSON, NJ 07522-1331
Transferred To (Grantee/Buyer)
Name
Verified Name
Address
160 N 5TH ST, PATERSON, NJ 07522-1331
Mortgage
Document Number
0000025817
Date
May 30, 2017
Instrument
2017025817
Lender
Name
HOMEBRIDGE FINANCIAL SERVICES INC
Type
Funding / Finance Company
Agreement
Type
FHA Mortgage
Amount
Amount on Record
Term
360 Months
Due
May 1, 2047
Tax Assessment & Valuation
The 2025 property tax bill for 487 Main St was $12,943, 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
$555,500 (+128.98%)Land $95,200Building $460,300
$555,500 (+128.98%)Land $95,200Building $460,300
2025
$12,943.00 (+4.72%)
$242,600Land $17,700Building $224,900
$242,600Land $17,700Building $224,900
2024
$12,360.00
2023
$242,600Land $17,700Building $224,900
$242,600Land $17,700Building $224,900
2022
$11,261.00
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
Flood
FEMA maps place 487 Main St in Zone X, an area of minimal flood risk, though there have been 6 flood claims nearby since 1999.
Source: FEMA National Flood Hazard Layer, effective May 29, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026
FEMA Flood Zone
Zone X minimal risk
Flood Insurance Requirement
Not required lenders may require it
Nearby Flood Policies
5 in force
Nearby Flood Claims
6 (1999–2021)
Claims Outside the SFHA
2 of 6
Most Recent Claim
Sep 2021 · Remnants Of Hurricane Ida
Claims by Event
Hurricane Floyd Major Disaster Declarations, Sep 1999 · 2 claims
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
The area around 487 Main 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