Custom built home with 9' ceiling, Pella Windows, Lennox HVAC, Weil McClean Furnace, A.O. Smith HWH, Whirlpool Appliances. The City of Paterson has approved a 30 year Tax Abatement.The first 10 years will start at $150 per Year and will remain unless the tax rate increases. In the 11th through 30th year the real estate taxes will increase based on a 5% increase per year in the building improvements.