111 Putnam St Paterson, NJ 07524
Riverside NeighborhoodEstimated payment $4,372/month
About This Home
Welcome to this beautifully recently renovated three-family home, situated in Paterson, NJ. The recent renovations was completed in 2022 which makes this property a prime candidate for a strong rental income. This well maintained fully rented 3-family property featuring two spacious 3-bedroom, 1-bath units and one 1-bedroom, 1-bath unit with a full basement for storage or expansion. Ideal for investors or first-time homebuyers seeking an owner-occupied investment. This area is under revitalization with new buildings and brand new houses within the vicinity. ALL SEPARATE UTILITIES
Listing Agent
TAKISHA GRESHAM
REALTY ONE GROUP LEGEND Brokerage Phone: 2019267119 Listed on: 08/23/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,683
Year Built
- Built in 1950 | Remodeled
Lot Details
- 2,614 Sq Ft Lot
Home Design
- Aluminum Siding
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Multiple Heating Units
- Standard Electricity
- Electric Water Heater
Additional Features
- Unfinished Basement
Listing and Financial Details
- Assessor Parcel Number 2508-02919-0000-00021-0000-
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,684 | $288,200 | $24,000 | $264,200 |
| 2024 | $14,130 | $288,200 | $24,000 | $264,200 |
| 2022 | $12,900 | $288,200 | $24,000 | $264,200 |
| 2021 | $12,900 | $288,200 | $24,000 | $264,200 |
| 2020 | $12,032 | $288,200 | $24,000 | $264,200 |
| 2019 | $9,434 | $228,200 | $23,700 | $204,500 |
| 2018 | $8,795 | $203,300 | $23,600 | $179,700 |
| 2017 | $7,134 | $171,500 | $23,500 | $148,000 |
| 2016 | $7,762 | $178,900 | $22,500 | $156,400 |
| 2015 | $7,349 | $178,900 | $22,500 | $156,400 |
| 2014 | -- | $254,800 | $154,300 | $100,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/18/2025 09/18/25 | Price Changed | $599,000 | -5.7% | -- | |
| 08/23/2025 08/23/25 | For Sale | $635,000 | +54.9% | -- | |
| 03/31/2022 03/31/22 | Sold | $410,000 | +2.8% | $170 / Sq Ft | View Prior Sale |
| 12/01/2021 12/01/21 | Pending | -- | -- | -- | |
| 09/30/2021 09/30/21 | For Sale | $399,000 | +33.0% | $165 / Sq Ft | |
| 07/31/2019 07/31/19 | Sold | $300,000 | -7.7% | $124 / Sq Ft | View Prior Sale |
| 06/03/2019 06/03/19 | Pending | -- | -- | -- | |
| 02/19/2019 02/19/19 | For Sale | $325,000 | +282.4% | $135 / Sq Ft | |
| 08/06/2014 08/06/14 | Sold | $85,000 | -- | $35 / Sq Ft | View Prior Sale |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $410,000 | Westcor Land Title | |
| Deed | $300,000 | Multiple | |
| Special Warranty Deed | -- | Attorney | |
| Deed | $175,000 | None Available | |
| Deed | $150,000 | Rms Title Services | |
| Deed | $85,000 | Rms Title Services Llc | |
| Deed | $51,500 | -- | |
| Sheriffs Deed | $399,374 | -- | |
| Deed | -- | -- | |
| Deed | $130,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $402,573 | No Value Available | |
| Previous Owner | $294,566 | FHA | |
| Previous Owner | $1,115,000 | New Conventional | |
| Previous Owner | $50,000 | Purchase Money Mortgage | |
| Previous Owner | $260,000 | No Value Available | |
| Previous Owner | $129,857 | FHA |
Source: Garden State MLS
MLS Number: 3982926
APN: 08-02919-0000-00021
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