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Athenia Broadway (Broadway Business District) Downtown Main Avenue (Main Ave.) Monroe Street (Monroe St) Passaic Park (Southwest Passaic)

PASSAIC, NJ 07055

Real Estate Market Report  ·  Passaic County
Seller's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 07055

Athenia · Broadway (Broadway Business District) · Downtown · Main Avenue (Main Ave.) · Monroe Street (Monroe St) · Passaic Park (Southwest Passaic)

Market Analysis

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

The PASSAIC, NJ real estate market (07055) currently shows 32 active listings, with 7 pending sales. Homes are averaging 35 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 35 days on market compared to 48 days last year.

The median listing price has risen 9.4% year-over-year, from $479,900 to $525,000.

Whether you are buying or selling in PASSAIC, 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: 70,048  ·  Density: 8,644.1/mi²  ·  Median household income: $57,832

Typical home value: $387,068  ·  Homeownership: 22.0%

Market Overview

Active Listings
32
⇩ 3% vs 33 last year
Pending
7
22% pending ratio
Median Price
$525,000
⇧ 9.4% vs $479,900 last year
Average Price
$627,826
⇧ 10.2% vs $569,909 last year
Days on Market
35
⇩ 27.1% vs 48 days last year

Price Per Square Foot

Median $/sqft
$332
⇧ 25.8% vs $264/sqft last year
Median Home Size
1,564 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 32 this year vs 33 last year
  • Days on market: 35 now vs 48 last year

Median & Average Pricing

Year over Year
  • Median: $525,000 (+9.4% YoY)
  • Average: $627,826 (+10.2% 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 4.4 miles — 208 listings ($155,692,192 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07055Passaic, NJ 070550.0 mi24$16,665,336$569,000$694,389
07011Clifton, NJ 070111.8 mi24$13,039,776$508,250$543,324
07026Garfield, NJ 070261.8 mi17$8,773,173$532,000$516,069
07075Wood Ridge, NJ 070752.2 mi13$10,369,593$850,000$797,661
07070Rutherford, NJ 070702.8 mi22$16,999,444$666,475$772,702
07604Hasbrouck Heights, NJ 076042.8 mi8$6,682,048$899,000$835,256
07503Paterson, NJ 075033.1 mi6$1,869,996$245,000$311,666
07513Paterson, NJ 075133.5 mi1$449,900$449,900$449,900
07663Saddle Brook, NJ 076633.6 mi9$5,811,120$650,000$645,680
07043Montclair, NJ 070433.9 mi17$31,819,750$1,039,750$1,871,750
07072Carlstadt, NJ 070724.2 mi2$1,148,000$574,000$574,000
07071Lyndhurst, NJ 070714.3 mi17$10,703,880$584,500$629,640
07424Little Falls, NJ 074244.4 mi48$31,360,176$619,225$653,337

Frequently Asked Questions

How many homes are for sale in PASSAIC, NJ 07055?

As of March 2026, there are 32 active listings in PASSAIC, NJ (zip code 07055), compared to 33 the prior year.

What is the median home price in PASSAIC, NJ 07055?

The median listing price in PASSAIC, NJ 07055 is $525,000 as of March 2026, a 9.4% increase from $479,900 the prior year.

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

Homes in PASSAIC, NJ 07055 spend an average of 35 days on the market before going under contract, compared to 48 days the prior year.

Is it a seller's or buyer's market in PASSAIC, NJ 07055?

Based on current inventory and days-on-market data as of March 2026, PASSAIC, NJ 07055 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 35 days on market compared to 48 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PASSAIC, NJ 07055 save an estimated $10,500 compared to a typical 5% commission on the median listing price of $525,000. 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.