Population: 35,492 · Density: 7,612.6/mi² · Median household income: $38,776
Typical home value: $274,891 · Homeownership: 13.5%
Data as of January 2026. Source: Realtor.com.
The PATERSON, NJ real estate market (07501) currently shows 18 active listings, with 3 pending sales. Homes are averaging 77 days on the market before going under contract.
Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 77 days on market compared to 42 days last year.
The median listing price has risen 13% year-over-year, from $349,575 to $395,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 07501 | Paterson, NJ 07501 | 0.0 mi | 18 | $6,866,586 | $395,000 | $381,477 |
| 07522 | Paterson, NJ 07522 | 0.9 mi | 7 | $2,685,669 | $332,500 | $383,667 |
| 07502 | Paterson, NJ 07502 | 1.3 mi | 12 | $7,220,400 | $550,000 | $601,700 |
| 07524 | Paterson, NJ 07524 | 1.6 mi | 2 | $665,000 | $332,500 | $332,500 |
| 07514 | Paterson, NJ 07514 | 1.7 mi | 15 | $7,554,900 | $455,000 | $503,660 |
| 07512 | Totowa, NJ 07512 | 2.7 mi | 22 | $24,190,738 | $836,950 | $1,099,579 |
| 07407 | Elmwood Park, NJ 07407 | 2.7 mi | 21 | $13,423,452 | $590,000 | $639,212 |
| 07013 | Clifton, NJ 07013 | 3.0 mi | 45 | $29,457,945 | $594,000 | $654,621 |
| 07410 | Fair Lawn, NJ 07410 | 3.2 mi | 30 | $23,205,090 | $750,000 | $773,503 |
| 07026 | Garfield, NJ 07026 | 4.0 mi | 18 | $9,846,000 | $578,500 | $547,000 |
| 07055 | Passaic, NJ 07055 | 4.4 mi | 31 | $15,136,804 | $370,000 | $488,284 |
| 07470 | Wayne, NJ 07470 | 4.6 mi | 84 | $62,086,752 | $692,000 | $739,128 |
| 07009 | Cedar Grove, NJ 07009 | 4.9 mi | 20 | $55,644,860 | $869,750 | $2,782,243 |
As of January 2026, there are 18 active listings in PATERSON, NJ (zip code 07501), compared to 11 the prior year.
The median listing price in PATERSON, NJ 07501 is $395,000 as of January 2026, a 13% increase from $349,575 the prior year.
Homes in PATERSON, NJ 07501 spend an average of 77 days on the market before going under contract, compared to 42 days the prior year.
Based on current inventory and days-on-market data as of January 2026, PATERSON, NJ 07501 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 77 days on market compared to 42 days last year.
With SELL123.com's maximum 3% commission, sellers in PATERSON, NJ 07501 save an estimated $7,900 compared to a typical 5% commission on the median listing price of $395,000. 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.