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Great Falls Northside Totowa

PATERSON, NJ 07522

Real Estate Market Report  ·  Passaic County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 07522

Great Falls · Northside · Totowa

Market Analysis

Data as of March 2026. Source: Realtor.com.

The PATERSON, NJ real estate market (07522) currently shows 6 active listings, with 2 pending sales. Homes are averaging 56 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 56 days on market compared to 36 days last year.

The median listing price has fallen 29.5% year-over-year, from $447,000 to $315,000.

Whether you are buying or selling in PATERSON, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 22,377  ·  Density: 9,857.7/mi²  ·  Median household income: $46,711

Typical home value: $209,332  ·  Homeownership: 21.0%

Market Overview

Active Listings
6
⇩ 40% vs 10 last year
Pending
2
33% pending ratio
Median Price
$315,000
⇩ 29.5% vs $447,000 last year
Average Price
$378,780
⇩ 11.4% vs $427,600 last year
Days on Market
56
⇧ 55.6% vs 36 days last year

Price Per Square Foot

Median $/sqft
$287
⇩ 36.5% vs $452/sqft last year
Median Home Size
1,310 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 6 this year vs 10 last year
  • Days on market: 56 now vs 36 last year

Median & Average Pricing

Year over Year
  • Median: $315,000 (-29.5% YoY)
  • Average: $378,780 (-11.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 5.3 miles — 270 listings ($195,418,533 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07522Paterson, NJ 075220.0 mi7$2,431,044$298,500$347,292
07502Paterson, NJ 075020.9 mi13$7,565,753$565,000$581,981
07524Paterson, NJ 075241.3 mi3$1,080,750$376,250$360,250
07513Paterson, NJ 075132.0 mi1$449,900$449,900$449,900
07504Paterson, NJ 075042.2 mi10$5,724,650$574,500$572,465
07506Hawthorne, NJ 075062.6 mi20$13,678,800$632,499$683,940
07424Little Falls, NJ 074243.1 mi48$31,360,176$619,225$653,337
07407Elmwood Park, NJ 074073.4 mi24$15,130,872$619,500$630,453
07452Glen Rock, NJ 074523.8 mi15$23,779,875$1,674,500$1,585,325
07470Wayne, NJ 074703.8 mi82$64,516,452$686,661$786,786
07026Garfield, NJ 070264.8 mi17$8,773,173$532,000$516,069
07432Midland Park, NJ 074325.3 mi6$4,261,752$635,750$710,292
07055Passaic, NJ 070555.3 mi24$16,665,336$569,000$694,389

Frequently Asked Questions

How many homes are for sale in PATERSON, NJ 07522?

As of March 2026, there are 6 active listings in PATERSON, NJ (zip code 07522), compared to 10 the prior year.

What is the median home price in PATERSON, NJ 07522?

The median listing price in PATERSON, NJ 07522 is $315,000 as of March 2026, a 29.5% decrease from $447,000 the prior year.

How long do homes stay on the market in PATERSON, NJ?

Homes in PATERSON, NJ 07522 spend an average of 56 days on the market before going under contract, compared to 36 days the prior year.

Is it a seller's or buyer's market in PATERSON, NJ 07522?

Based on current inventory and days-on-market data as of March 2026, PATERSON, NJ 07522 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 56 days on market compared to 36 days last year.

How much can I save on real estate commission in PATERSON, NJ?

With SELL123.com's maximum 3% commission, sellers in PATERSON, NJ 07522 save an estimated $6,300 compared to a typical 5% commission on the median listing price of $315,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.