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Paterson, NJ Real Estate & Property Data

Paterson Real Estate Market Trends

Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Paterson, NJ. ATTOM’s Paterson real estate data is updated daily, and current market trends show that in Paterson, NJ a total of 904 residential properties have sold over the past year. With a median home price of $547,750 in Paterson and a total of 22 foreclosures. Get detailed property data for Paterson, NJ instantly. ATTOM is your one-stop-shop for the Paterson property reports and real estate data you need in Paterson, NJ.

Paterson Real Estate Market Trends

Get property data for any address in Paterson, NJ or the country:

Total Residential Properties 18,265

Total Commercial Properties 3,526

Avg. Home Age (Single Family Home) 74 Years

Avg. Square Feet (Single Family Home) 2,084

Total 2025 Residential Sales (year-to-date) 122

% of Homes Seriously Underwater (Q2 2025) 1.88%

Total 2024 Residential Sales 857

% of Equity Rich Homes (Q2 2025) 47.4%

Effective 2024 Property Tax 1.88%

Total Foreclosure Filings (year-to-date) 51

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Paterson, NJ Real Estate Overview

There were 904 residential properties sold in the past year in Paterson, NJ. The median home value in Paterson, NJ is $510,700. There are a total of 18,265 residential properties in the Paterson.

Median Sales Price i

$547,750

(Feb 2025)

+7.4%

year-over-year

y-o-y

February '25 Feb '25 $547,750
January '25 Jan '25 $570,000
December '24 Dec '24 $485,875
November '24 Nov '24 $515,000
October '24 Oct '24 $609,500
September '24 Sep '24 $540,000
August '24 Aug '24 $505,000
July '24 Jul '24 $500,000
June '24 Jun '24 $515,000
May '24 May '24 $491,406
April '24 Apr '24 $457,500
March '24 Mar '24 $430,000

Median Down Payment i

$39,500

(Feb 2025)

+39.1%

year-over-year

y-o-y

February '25 Feb '25 $39,500
January '25 Jan '25 $32,368
December '24 Dec '24 $31,707
November '24 Nov '24 $76,150
October '24 Oct '24 $22,037
September '24 Sep '24 $30,562
August '24 Aug '24 $30,750
July '24 Jul '24 $78,750
June '24 Jun '24 $37,205
May '24 May '24 $16,494
April '24 Apr '24 $20,375
March '24 Mar '24 $25,994

Number of Homes Sold i

65

(Feb 2025)

-11%

year-over-year

y-o-y

February '25 Feb '25 65
January '25 Jan '25 57
December '24 Dec '24 71
November '24 Nov '24 68
October '24 Oct '24 66
September '24 Sep '24 52
August '24 Aug '24 66
July '24 Jul '24 98
June '24 Jun '24 73
May '24 May '24 79
April '24 Apr '24 77
March '24 Mar '24 59

Number of Purchase Loans i

59

(Feb 2025)

-10.6%

year-over-year

y-o-y

February '25 Feb '25 59
January '25 Jan '25 58
December '24 Dec '24 66
November '24 Nov '24 55
October '24 Oct '24 54
September '24 Sep '24 54
August '24 Aug '24 53
July '24 Jul '24 83
June '24 Jun '24 60
May '24 May '24 64
April '24 Apr '24 73
March '24 Mar '24 53

Number of REFI Loans i

106

(Feb 2025)

+130.4%

year-over-year

y-o-y

February '25 Feb '25 106
January '25 Jan '25 50
December '24 Dec '24 176
November '24 Nov '24 49
October '24 Oct '24 53
September '24 Sep '24 108
August '24 Aug '24 41
July '24 Jul '24 38
June '24 Jun '24 23
May '24 May '24 53
April '24 Apr '24 53
March '24 Mar '24 49

Number of HELOC Loans i

6

(Feb 2025)

-40%

year-over-year

y-o-y

February '25 Feb '25 6
January '25 Jan '25 6
December '24 Dec '24 10
November '24 Nov '24 10
October '24 Oct '24 9
September '24 Sep '24 15
August '24 Aug '24 12
July '24 Jul '24 14
June '24 Jun '24 12
May '24 May '24 11
April '24 Apr '24 17
March '24 Mar '24 9

Paterson, NJ Real Estate Market Overview

Last 30 days

Zip

Median Est. Value
Zip

Median Est. Value
Zip

Median Est. Value

07501

$510,700 $245.02/sqft
07502

$490,600 $284.22/sqft
07503

$539,300 $276.87/sqft
07504

$564,700 $221.22/sqft
07505

$352,900 $175.5/sqft
07513

$560,400 $244.69/sqft
07514

$515,550 $241.22/sqft
07522

$480,600 $244.32/sqft
07524

$503,450 $237.18/sqft

Paterson, NJ Foreclosure Activity

There were a total of 22 Paterson, NJ properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

22

(Feb 2025)

+83.3%

year-over-year

y-o-y

February '25 Feb '25 22
January '25 Jan '25 29
December '24 Dec '24 60
November '24 Nov '24 17
October '24 Oct '24 13
September '24 Sep '24 24
August '24 Aug '24 31
July '24 Jul '24 41
June '24 Jun '24 18
May '24 May '24 42
April '24 Apr '24 34
March '24 Mar '24 29

Foreclosure Starts i

17

(Feb 2025)

+54.5%

year-over-year

y-o-y

February '25 Feb '25 17
January '25 Jan '25 16
December '24 Dec '24 50
November '24 Nov '24 14
October '24 Oct '24 9
September '24 Sep '24 22
August '24 Aug '24 22
July '24 Jul '24 31
June '24 Jun '24 10
May '24 May '24 36
April '24 Apr '24 20
March '24 Mar '24 21

Completed Foreclosures (REOs) i

February '25 Feb '25 N/A
January '25 Jan '25 1
December '24 Dec '24 N/A
November '24 Nov '24 1
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 1
July '24 Jul '24 N/A
June '24 Jun '24 N/A
May '24 May '24 1
April '24 Apr '24 N/A
March '24 Mar '24 N/A

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