Downtown · Garret Mountain · Great Falls · Sandy Hill · Stoney Road · Wrigley Park
Data as of July 2026. Source: Realtor.com.
The PATERSON, NJ real estate market (07501) currently shows 25 active listings, with 7 pending sales. Homes are averaging 43 days on the market before going under contract.
Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.
Homes are selling faster, averaging 43 days on market compared to 48 days last year.
The median listing price has fallen 8% year-over-year, from $414,225 to $381,200.
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.
Population: 35,492 · Density: 7,612.6/mi² · Median household income: $38,776
Typical home value: $274,891 · Homeownership: 13.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 07501 | Paterson, NJ 07501 | 0.0 mi | 13 | $4,752,813 | $354,500 | $365,601 |
| 07522 | Paterson, NJ 07522 | 0.9 mi | 7 | $2,431,044 | $298,500 | $347,292 |
| 07502 | Paterson, NJ 07502 | 1.3 mi | 13 | $7,565,753 | $565,000 | $581,981 |
| 07524 | Paterson, NJ 07524 | 1.6 mi | 3 | $1,080,750 | $376,250 | $360,250 |
| 07514 | Paterson, NJ 07514 | 1.7 mi | 13 | $6,625,112 | $453,500 | $509,624 |
| 07512 | Totowa, NJ 07512 | 2.7 mi | 23 | $22,564,265 | $756,250 | $981,055 |
| 07407 | Elmwood Park, NJ 07407 | 2.7 mi | 24 | $15,130,872 | $619,500 | $630,453 |
| 07013 | Clifton, NJ 07013 | 3.0 mi | 44 | $28,070,284 | $586,750 | $637,961 |
| 07410 | Fair Lawn, NJ 07410 | 3.2 mi | 33 | $28,299,480 | $789,000 | $857,560 |
| 07026 | Garfield, NJ 07026 | 4.0 mi | 17 | $8,773,173 | $532,000 | $516,069 |
| 07055 | Passaic, NJ 07055 | 4.4 mi | 24 | $16,665,336 | $569,000 | $694,389 |
| 07470 | Wayne, NJ 07470 | 4.6 mi | 82 | $64,516,452 | $686,661 | $786,786 |
| 07009 | Cedar Grove, NJ 07009 | 4.9 mi | 20 | $56,772,100 | $920,000 | $2,838,605 |
As of July 2026, there are 25 active listings in PATERSON, NJ (zip code 07501), compared to 17 the prior year.
The median listing price in PATERSON, NJ 07501 is $381,200 as of July 2026, a 8% decrease from $414,225 the prior year.
Homes in PATERSON, NJ 07501 spend an average of 43 days on the market before going under contract, compared to 48 days the prior year.
Based on current inventory and days-on-market data as of July 2026, PATERSON, NJ 07501 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 43 days on market compared to 48 days last year.
With SELL123.com's maximum 3% commission, sellers in PATERSON, NJ 07501 save an estimated $7,624 compared to a typical 5% commission on the median listing price of $381,200. 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.