Off market jul 2026 for $610K

—

Est. refi paymentEst. refi $5,833/mo

—

•

— ba

•

1,961

sq ft

116 Madison St, Paterson, NJ 07501

About this home

116 Madison St is a 1,961 square foot house on a 2,500 square foot lot. - it last sold on July 31, 2026 for $610,000.

Single-familyProperty Type

1700Year Built

2,500 sq ftLot Size

$311Price/Sq.Ft.

Listed by RALPH BARONE • NJ REO ASSET MANAGEMENT & REALTY,

Bought with TOM PHILLIPS • WEICHERT REALTORS

Source:GSMLS #2930863

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 07501, NJ

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.9%

+0.0% MoM

Median sale price

$563K

$2K MoM

Avg. days on market

79d

14 days MoM

Recently sold homes

9 MoM

New listings for sale

LISTED BY REDFIN 15 HRS AGO
$699,000
4 beds2.5 baths— sq ft
113 Carlisle Ave, Paterson, NJ 07501-2517
COMING SOON
$389,000
3 beds1.5 baths— sq ft
194 Pearl St, Paterson, NJ 07501-2322
OPEN SAT, 12PM TO 2PM
$499,000
4 beds3 baths— sq ft
14-16 Pearl St, Paterson, NJ 07501
Alexander Anderson Real Estate Group, (201) 343-6640
OPEN SUN, 12PM TO 2PM
$342,500
2 beds2 baths— sq ft
62 Amethyst Ln #276, Paterson, NJ 07501
Century 21 Gold Properties Realty, Inc, (973) 595-1500
OPEN SUN, 12PM TO 2PM
$342,500
2 beds2 baths— sq ft
62 Amethyst Ln, Paterson, NJ 07501-3361
$389,000
5 beds3 baths— sq ft
714 E 18th, Paterson, NJ 07501-4309
$849,000
10 beds4 baths3,744 sq ft
58 12Th Ave #4, Paterson, NJ 07501-1227
$779,900
9 beds4.5 baths— sq ft
22 17Th Ave, Paterson, NJ 07501-3887
$400,000
7 beds3 baths— sq ft
15 Southard St, Paterson, NJ 07501-3113
$525,000
4 beds2 baths1,680 sq ft
121 Turner St #123, Paterson, NJ 07501-3340
See all

Provided by Redfin

Sale history for 116 Madison St

Year

Property tax

Land + Additions

Assessment*

2025

$8,040 (+4.7%)

$96,800 + $291,500

$388,300

2024

$7,678 (+3.9%)

$19,700 + $131,000

$150,700

2023

$7,389 (+5.6%)

$19,700 + $131,000

$150,700

2022

$6,995 (+3.7%)

$19,700 + $131,000

$150,700

2021

$6,745 (+7.2%)

$19,700 + $131,000

$150,700

2020

$6,292 (+3.3%)

$19,700 + $131,000

$150,700

2019

$6,094 (−3.0%)

$19,700 + $131,000

$150,700

2018

$6,281 (+4.8%)

$19,400 + $128,000

$147,400

2017

$5,995 (−9.3%)

$19,200 + $124,900

$144,100

2016

$6,608 (+25.4%)

$19,200 + $124,900

$144,100

2014

$5,270 (−23.8%)

$114,300 + $67,700

$182,000

2013

$6,915 (+9.1%)

$114,300 + $67,700

$182,000

2012

$6,338

$114,300 + $137,700

$252,000

2011

$6,338 (+18.3%)

$114,300 + $137,700

$252,000

2010

$5,358 (+10.1%)

$114,300 + $137,700

$252,000

2009

$4,866

$114,300 + $137,700

$252,000

Tax history for 116 Madison St

Year

Property tax

Land + Additions

Assessment*

2025

$8,040 (+4.7%)

$96,800 + $291,500

$388,300

2024

$7,678 (+3.9%)

$19,700 + $131,000

$150,700

2023

$7,389 (+5.6%)

$19,700 + $131,000

$150,700

2022

$6,995 (+3.7%)

$19,700 + $131,000

$150,700

2021

$6,745 (+7.2%)

$19,700 + $131,000

$150,700

2020

$6,292 (+3.3%)

$19,700 + $131,000

$150,700

2019

$6,094 (−3.0%)

$19,700 + $131,000

$150,700

2018

$6,281 (+4.8%)

$19,400 + $128,000

$147,400

2017

$5,995 (−9.3%)

$19,200 + $124,900

$144,100

2016

$6,608 (+25.4%)

$19,200 + $124,900

$144,100

2014

$5,270 (−23.8%)

$114,300 + $67,700

$182,000

2013

$6,915 (+9.1%)

$114,300 + $67,700

$182,000

2012

$6,338

$114,300 + $137,700

$252,000

2011

$6,338 (+18.3%)

$114,300 + $137,700

$252,000

2010

$5,358 (+10.1%)

$114,300 + $137,700

$252,000

2009

$4,866

$114,300 + $137,700

$252,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

FIFTH WARD - RA-2

Fifth Ward Redevelopment Area - RA-2 District

The primary goal of this Plan, and the redevelopment effort is to bring economic and community development to the Area, and to improve the quality of life for residents and businesses in the Area. The RA-2 residential district is designed to permit a more intensive residential use of land with various types of dwellings. Density is maintained in medium range, while building height is kept low enough to be generally compatible with one and two-family residential development.

Property details

Exterior

Property Information
Subdivision Name: CITY/PATERSON
Living Sq. Ft: 1,961

Lot Information
# of Buildings: 1
Land Sq. Ft: 2,500
Legal Lot Number: 9
Legal Block Number: 6111
Municipality Name: PATERSON CITY
Acres: 0.0574
Depth Footage: 100
Front Footage: 25
State Use Description: RESIDENTIAL

Financial

Assessor Information
Assessment Year: 2026
Tax District County: PATERSON CITY

Public facts

Beds: —
Baths: —
Sq. Ft.: 1,961
Stories: —
Lot Size: 2,500 square feet
Style: Single Family Residential
Year Built: 1700
Year Renovated: —
County: Passaic County
APN: 0806111 00009

Home facts updated by county records on Sep 18, 2026

Around this home

Schools

Some nearby schools may not be within this home's attendance zone. Please check the Paterson Public School District website to verify.

School 15

Public PreK-5 • 0.3mi

3/10

School 3

Public K-8 • 0.3mi

4/10

Alternative High School - Yes Academy

Public 9-12 • 0.2mi

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

7/10 Heat Factor

7 days above 100° expected this year, 15 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

4/10 Air Factor

3 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Paterson, NJ • 07501

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.7 hours in June and 4.3 hours in December, placing it below the U.S. average for solar exposure.

8.7 hrs

4.3 hrs

JuneDecember

Provided by Shadowmap

Work with an experienced agent and save on fees. 3 minutes to get started.

Get a free, detailed breakdown of how we calculated your estimate.

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New listings for sale in 07501-2517

LISTED BY REDFIN 15 HRS AGO

$699,000

4 beds2.5 baths— sq ft

113 Carlisle Ave, Paterson, NJ 07501-2517

COMING SOON

$389,000

3 beds1.5 baths— sq ft

194 Pearl St, Paterson, NJ 07501-2322

OPEN SAT, 12PM TO 2PM

$499,000

4 beds3 baths— sq ft

14-16 Pearl St, Paterson, NJ 07501

Alexander Anderson Real Estate Group, (201) 343-6640

OPEN SUN, 12PM TO 2PM

$342,500

2 beds2 baths— sq ft

62 Amethyst Ln #276, Paterson, NJ 07501

Century 21 Gold Properties Realty, Inc, (973) 595-1500

OPEN SUN, 12PM TO 2PM

$342,500

2 beds2 baths— sq ft

62 Amethyst Ln, Paterson, NJ 07501-3361

$389,000

5 beds3 baths— sq ft

714 E 18th, Paterson, NJ 07501-4309

$849,000

10 beds4 baths3,744 sq ft

58 12Th Ave #4, Paterson, NJ 07501-1227

$779,900

9 beds4.5 baths— sq ft

22 17Th Ave, Paterson, NJ 07501-3887

$400,000

7 beds3 baths— sq ft

15 Southard St, Paterson, NJ 07501-3113

Home values near 116 Madison St

Data from public records.

Address	Redfin Estimate
126 Madison Street, Paterson, NJ 2 Beds \| 2 Baths \| - Sq. Ft.	$431,739
124 Madison Street, Paterson, NJ 5 Beds \| 2 Baths \| - Sq. Ft.	$498,079

Address	Redfin Estimate
118 Madison Street, Paterson, NJ - Beds \| - Baths \| - Sq. Ft.	$542,884
112 Madison Street, Paterson, NJ - Beds \| - Baths \| 3803 Sq. Ft.	$724,826

Address	Redfin Estimate
120 Madison Street, Paterson, NJ 6 Beds \| 4.5 Baths \| 2690 Sq. Ft.	$944,582
114 Madison Street, Paterson, NJ 12 Beds \| 3 Baths \| - Sq. Ft.	$770,943

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