$512,000
SOLD APR 1, 2025
-- Bed
-- Bath
1,714 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$299 Per Sq Ft

8% Above List Price

13 Days on Market

About This Home

As of April 2025

This home is located at 114 Putnam St, Paterson, NJ 07524 and is currently priced at $512,000, approximately $298 per square foot. 114 Putnam St is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Dr. Frank Napier, Jr. School of Technology.

Last Agent to Sell the Property

Juan Gamarra

COMPASS NEW JERSEY LLC Brokerage Phone: 973-310-7360 Listed on: 02/03/2025

COMPASS NEW JERSEY LLC

Last Buyer's Agent

Paola A. Cordoba

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,521

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,521

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 114
  • I D: 5336184
  • Modified: 2025-04-05
  • Number Images: 0
  • Attribution Contact: 973-310-7360
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2025
Closed on
Apr 1, 2025
Sold by
Cortes Jonathan
Bought by
Ahmed Rakib
Seller's Agent
Juan Gamarra
COMPASS NEW JERSEY LLC
Buyer's Agent
Paola A. Cordoba
COMPASS NEW JERSEY, LLC
List Price
$475,000
Sold Price
$512,000
Premium/Discount to List
$37,000
7.79%
Views
31
Current Estimated Value
$519,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,270
Avg. Annual Appreciation
3.59%
Original Mortgage
$508,250
Outstanding Balance
$506,488
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$12,782

Purchase Details

Listed on
Jun 8, 2020
Closed on
Oct 15, 2020
Sold by
Paragon Nj Investments Llc
Bought by
Cortes Jonathan
Seller's Agent
Runner Borges
UNITED REAL ESTATE
Buyer's Agent
NAEEM BOUCHER
EXP REALTY, LLC
List Price
$299,900
Sold Price
$310,000
Premium/Discount to List
$10,100
3.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.91%
Original Mortgage
$304,385
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 16, 2017
Sold by
Totowa Avenue Llc
Bought by
Paragon Nj Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Interest Rate
4.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 12, 2016
Sold by
Whairhouse Llc
Bought by
75 Totowa Avenue Limited Liability Compa

Purchase Details

Listed on
Oct 27, 2015
Closed on
Oct 26, 2015
Sold by
Patriot Funding
Bought by
Whairhouse Llc
Seller's Agent
JEFF WEINBERG
BHHS FOX & ROACH
Buyer's Agent
JEFF WEINBERG
BHHS FOX & ROACH
Sold Price
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.76%
Original Mortgage
$130,000
Interest Rate
3.89%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 20, 2015
Sold by
Berdnik Richard H
Bought by
Us Bank Na

Purchase Details

Closed on
Aug 15, 2006
Sold by
Haggett Glenn E
Bought by
Charity Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,800
Interest Rate
6.71%
Source: Public Records

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Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $535,000 Foundation Title
Deed $535,000 Foundation Title
Deed $310,000 Title Guarantee
Special Warranty Deed -- None Available
Deed $135,000 First American Title
Deed $75,000 Multiple
Special Warranty Deed $40,000 Multiple
Sheriffs Deed -- Terra Abstract Inc
Deed $280,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $508,250 New Conventional
Previous Owner $304,385 FHA
Previous Owner $1,450,000 Commercial
Previous Owner $130,000 Construction
Previous Owner $386,562 New Conventional
Previous Owner $380,850 FHA
Previous Owner $35,357 Credit Line Revolving
Previous Owner $351,500 Adjustable Rate Mortgage/ARM
Previous Owner $20,778 Construction
Previous Owner $280,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Sold $512,000 +7.8% $299 / Sq Ft
02/18/2025 02/18/25 Pending -- -- --
02/05/2025 02/05/25 For Sale $475,000 +53.2% $277 / Sq Ft
10/16/2020 10/16/20 Sold $310,000 +3.4% $181 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $299,900 +649.8% $175 / Sq Ft
10/27/2015 10/27/15 Sold $40,000 -- $23 / Sq Ft
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $7,521 $153,400 $24,000 $129,400
2022 $7,121 $153,400 $24,000 $129,400
2021 $6,866 $153,400 $24,000 $129,400
2020 $6,404 $153,400 $24,000 $129,400
2019 $6,205 $150,100 $23,700 $126,400
2018 $6,402 $148,000 $23,600 $124,400
2017 $4,135 $99,400 $23,500 $75,900
2016 $4,456 $102,700 $22,500 $80,200
2015 $4,219 $102,700 $22,500 $80,200
2014 $9,231 $318,300 $154,300 $164,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3944275

Garden State MLS

APN: 08-02920-0000-00010