5 months on rocket

116 Putnam St, Paterson, NJ, 07524

$399,000

Home List Price

$4,738*

Closing Credit

8 Bedrooms
4 Full Baths
Multi
Schools Nearby

Location

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116 Putnam St, Paterson$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
HeatingElectric, Natural Gas
CoolingElectric, Gas
BasementYes
WaterfrontNone
FireplaceNone
MLS #23035456
StatusActive
(ACTIVE)

About 116 Putnam St

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!!!

Property Details

Property Features

Listing Office:

  • Office Name: Realty Empire, LLC
  • Listing Agent: Angel Rosado

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Aluminum, None

Parking Information:

  • Attached Garage: No
  • Parking: None

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas
  • Cooling: Electric, Gas

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000

Tax Information:

  • Annual Amount: $6,481
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Paterson, NJ.

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Paterson, NJ

City

Med. List Price

$446K

Med. Price/SqFt

$224

Avg. Days On Market

88

# of Sold Homes

17

116 Putnam St vs Paterson

162 DAYS ON ROCKET

+74 Days

$399,000

-$47K Less

KEY TAKEAWAY

This property is $47K less than the Median List Price in Paterson, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #23035456

Listing Office:

  • Office Name: Realty Empire, LLC
  • Listing Agent: Angel Rosado

IDXDisclaimer: 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 Rocket Homes Real Estate, LLC 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 Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 2:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 10, 2004Home Sold
$185,000
Oct 21, 1991Home Sold
$92,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,481$144,800
2019$6,043$141,700
2018$5,770$139,700
2017$5,770$138,700

History based on county public records data.

Payment Calculator

$2,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3162697
2
/10

  • Edward W Kilpatrick

  • 295-315 Ellison St

  • 0.76 miles

  • Public District Grades PK-5

school-card-donut-3162698
1
/10

  • Urban Leadership Academy

  • 112 N 5th St

  • 0.81 miles

  • Public District Grades KG-4

school-card-donut-3162699
2
/10

  • Prospect Park School #1

  • 94 Brown Ave

  • 0.83 miles

  • Public District Grades PK-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,286. Residents of Paterson, NJ typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Passaic County›Paterson›07524›116 Putnam St

This home is located at 116 Putnam St in Paterson, NJ and zip code 07524 in the 4th Ward neighborhood. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 18, 2023 and is currently priced at $399,000.

In March 2024 in Paterson, NJ there were 23.3% more homes for sale than in February 2024. In March 2024, listings were on the market for 88 days. During the same period, the median list price in this real estate market was $446,000.

From Rocket Homes Real Estate and based on county public records data.

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