NOT LISTED FOR SALE

185 Governor St Paterson, NJ 07501

Eastside Neighborhood

Estimated Value: $389,000 - $475,736

6 Beds
2 Baths
1,734 Sq Ft
$249/Sq Ft Est. Value

About This Home

This home is located at 185 Governor St, Paterson, NJ 07501 and is currently estimated at $432,368, approximately $249 per square foot. 185 Governor St is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson School 6.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2025
Sold by
Silk City Development I Llc
Bought by
Pat Res 25 Llc
Current Estimated Value
$432,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,828,750
Outstanding Balance
$3,825,460
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$3,398,590

Purchase Details

Closed on
Jan 12, 2018
Sold by
Silk City Development Llc
Bought by
Silk City Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,373,000
Interest Rate
4.04%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 16, 2017
Sold by
Jcm Investors 1012 Llc
Bought by
Silk City Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
3.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 22, 2006
Sold by
Ameri Hossein
Bought by
Badgett Shannta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.49%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
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 Buyer Sale Price Title Company
Pat Res 25 Llc $600,000 Innovation Title
Pat Res 25 Llc $600,000 Innovation Title
Silk City Development Llc -- Ans Title
Silk City Development Llc $9,244 Title Insurance Commitment
Badgett Shannta $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pat Res 25 Llc $3,828,750
Closed Pat Res 25 Llc $3,828,750
Previous Owner Silk City Development I Llc $294,000
Previous Owner Silk City Development I Llc $1,100,000
Previous Owner Silk City Development Llc $2,373,000
Previous Owner Silk City Development Llc $145,000
Previous Owner Badgett Shannta $264,000
Source: Public Records

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
2025 $13,527 $265,500 $17,100 $248,400
2024 $1,515 $265,500 $17,100 $248,400
2022 $1,434 $30,900 $17,100 $13,800
2021 $1,383 $30,900 $17,100 $13,800
2020 $1,290 $30,900 $17,100 $13,800
2019 $1,294 $31,300 $17,300 $14,000
2018 $1,337 $30,900 $17,200 $13,700
2017 $1,285 $30,900 $17,100 $13,800
2016 $1,415 $32,600 $18,000 $14,600
2015 $1,339 $32,600 $18,000 $14,600
2014 $8,123 $280,100 $141,400 $138,700
Source: Public Records

Map

New Jersey Passaic County Paterson 07501 Eastside

185 Governor St, Paterson, NJ

This home is located at 185 Governor St, Paterson, NJ 07501 and is currently estimated at $432,368, approximately $249 per square foot. 185 Governor St is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson School 6.

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.

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