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    111 Putnam St Paterson, NJ 07524

    For Sale
    $599,000

    3-Three Story, Multi-Family - Paterson City, NJ

    Lot size:
    0.06 Acres
    Days on Market:
    85
    Last Refresh:
    Dec 11 at 8:06 pm

    Property Features for 111 Putnam St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Living Room
    Bedrooms
    7
    Bathrooms
    3
    Interior features
    Carbon Monoxide Detector, Smoke Detector
    Basement Y/N
    1
    Appliances
    Oven - Gas, Range, Refrigerator
    Lot size
    0.06 Acres

    Utilities

    Cooling system
    Multi Units

    Building Details

    Year built
    1950
    Number of units
    3
    Building materials
    Aluminum Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Realty ONE Group Legend (973) 686-7777 [email protected]

    Listing agent TAKISHA GRESHAM (973) 772-0660

    Listing date Sep 18, 2025

    MLS# 3982926 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Multi-Family Home in Paterson

    This recently renovated three-family home is located in Paterson, NJ. Renovations were completed in 2022. The property is fully rented and features two 3-bedroom, 1-bath units, and one 1-bedroom, 1-bath unit. A full basement provides storage or expansion potential. The property is suitable for investors or first-time homebuyers looking for an owner-occupied investment. The surrounding area is undergoing revitalization, with new buildings and houses being constructed nearby. The lot size is 0.06 acres. The property has separate utilities for each unit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Gym & Fitness Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Paterson
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.15956
    Latitude
    40.92823

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    FAQs

    What type of property is this?
    Triplex - Recently renovated three-family home in Paterson, ideal for rental income.
    Where is this triplex located?
    The property is located at 111 Putnam St Paterson, NJ.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Fully rented 3-family property ideal for rental income.; - Recent renovations completed in 2022.; - Two 3-bedroom, 1-bath units and one 1-bedroom, 1-bath unit.
    (973) 772-0660
    Request Owner's contact information
    111 Putnam St Paterson, NJ 07524
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    Paterson, NJ 07524
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    111 Putnam St Paterson, NJ 07524
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