$450,000
SOLD FEB 7, 2025

116 Putnam St Paterson, NJ 07524

Riverside Neighborhood
8 Beds
4 Baths
1,800 Sq Ft
2,500 Sq Ft Lot

Recently Sold

$250 Per Sq Ft

7% Above List Price

99 Days on Market

About This Home

As of February 2025

Come preview this amazing 2 family house in Paterson. You can either live in this property and collect rent or just keep it for investment. Two bedrooms located on the first and second floor with a finish attic separated from the second floor with two bonus rooms and a full finished basement with two additional bonus rooms. Don't miss this opportunity of a lifetime, a must see!!!

Last Agent to Sell the Property

Angel Rosado

Realty Empire, LLC Listed on: 08/12/2024

Last Buyer's Agent

Golam Hassan

HomeSmart First Advantage Realty

HomeSmart First Advantage Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,099

Lot Details

  • 2,500 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00011 / 02920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,099

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 973-510-2260
  • MLS Status: Sold - Sold
  • Directions: Rosa Parks Blvd
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 8

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 2500.0

Tax Info

  • Tax Annual Amount: 7099.0
  • Tax Block: 02920
  • Tax Lot: 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2024
Closed on
Jan 24, 2025
Sold by
Rivera Erick
Bought by
Uddin Azir and Ali Tahera
Seller's Agent
Angel Rosado
Realty Empire, LLC
Buyer's Agent
Golam Hassan
HomeSmart First Advantage Realty
List Price
$419,000
Sold Price
$450,000
Premium/Discount to List
$31,000
7.4%
Views
25
Current Estimated Value
$469,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,675
Avg. Annual Appreciation
9.32%
Original Mortgage
$337,500
Outstanding Balance
$336,929
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$132,747

Purchase Details

Closed on
Jul 1, 2004
Sold by
Santiago Mario
Bought by
Rivera Erick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
6.2%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $450,000 Advent Title
Deed $185,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $337,500 New Conventional
Previous Owner $166,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Sold $450,000 +7.4% $250 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
08/12/2024 08/12/24 For Sale $419,000 -- $233 / Sq Ft
Source: New Jersey 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 $7,100 $144,800 $24,000 $120,800
2022 $6,722 $144,800 $24,000 $120,800
2021 $6,481 $144,800 $24,000 $120,800
2020 $6,045 $144,800 $24,000 $120,800
2019 $5,858 $141,700 $23,700 $118,000
2018 $6,043 $139,700 $23,600 $116,100
2017 $5,770 $138,700 $23,500 $115,200
2016 $6,261 $144,300 $22,500 $121,800
2015 $5,928 $144,300 $22,500 $121,800
2014 $9,451 $325,900 $154,300 $171,600
Source: Public Records

Agents Affiliated with this Home

  • Angel Rosado

    Seller's Agent in 2025

    Angel Rosado

    Realty Empire, LLC

    (201) 956-0245

    5 in this area

    35 Total Sales

    Section Image
  • Golam Hassan

    Buyer's Agent in 2025

    Golam Hassan

    HomeSmart First Advantage Realty

    (973) 557-5158

    3 in this area

    47 Total Sales

    Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 24026048

New Jersey MLS

APN: 08-02920-0000-00011

New Jersey Passaic County Paterson 07524 Riverside

116 Putnam St, Paterson, NJ

This home is located at 116 Putnam St, Paterson, NJ 07524 and is currently priced at $450,000, approximately $250 per square foot. 116 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.

Nearby Homes