Lakeview · South Paterson
Data as of June 2026. Source: Realtor.com.
The PATERSON, NJ real estate market (07503) currently shows 18 active listings, with 2 pending sales. Homes are averaging 30 days on the market before going under contract.
Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.
The median listing price has fallen 12.3% year-over-year, from $569,000 to $499,000.
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.
Population: 19,625 · Density: 4,899.8/mi² · Median household income: $60,431
Typical home value: $314,032 · Homeownership: 28.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 07503 | Paterson, NJ 07503 | 0.0 mi | 6 | $1,869,996 | $245,000 | $311,666 |
| 07504 | Paterson, NJ 07504 | 1.2 mi | 10 | $5,724,650 | $574,500 | $572,465 |
| 07501 | Paterson, NJ 07501 | 1.4 mi | 13 | $4,752,813 | $354,500 | $365,601 |
| 07407 | Elmwood Park, NJ 07407 | 1.8 mi | 24 | $15,130,872 | $619,500 | $630,453 |
| 07013 | Clifton, NJ 07013 | 2.2 mi | 44 | $28,070,284 | $586,750 | $637,961 |
| 07524 | Paterson, NJ 07524 | 2.4 mi | 3 | $1,080,750 | $376,250 | $360,250 |
| 07026 | Garfield, NJ 07026 | 2.7 mi | 17 | $8,773,173 | $532,000 | $516,069 |
| 07663 | Saddle Brook, NJ 07663 | 3.1 mi | 9 | $5,811,120 | $650,000 | $645,680 |
| 07410 | Fair Lawn, NJ 07410 | 3.2 mi | 33 | $28,299,480 | $789,000 | $857,560 |
| 07512 | Totowa, NJ 07512 | 3.6 mi | 23 | $22,564,265 | $756,250 | $981,055 |
| 07662 | Rochelle Park, NJ 07662 | 3.9 mi | 7 | $4,876,081 | $669,250 | $696,583 |
| 07506 | Hawthorne, NJ 07506 | 4.2 mi | 20 | $13,678,800 | $632,499 | $683,940 |
| 07043 | Montclair, NJ 07043 | 4.4 mi | 17 | $31,819,750 | $1,039,750 | $1,871,750 |
As of June 2026, there are 18 active listings in PATERSON, NJ (zip code 07503), compared to 5 the prior year.
The median listing price in PATERSON, NJ 07503 is $499,000 as of June 2026, a 12.3% decrease from $569,000 the prior year.
Homes in PATERSON, NJ 07503 spend an average of 30 days on the market before going under contract, compared to 30 days the prior year.
Based on current inventory and days-on-market data as of June 2026, PATERSON, NJ 07503 is currently a Balanced Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.
With SELL123.com's maximum 3% commission, sellers in PATERSON, NJ 07503 save an estimated $9,980 compared to a typical 5% commission on the median listing price of $499,000. 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.