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Downtown Great Falls Stoney Road

PATERSON, NJ 07505

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

Neighborhoods in ZIP 07505

Downtown · Great Falls · Stoney Road

Market Analysis

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

The PATERSON, NJ real estate market (07505) currently shows 1 active listings. Homes are averaging 229 days on the market before going under contract.

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: 4,592  ·  Density: 7,243.5/mi²  ·  Median household income: $23,780

Typical home value: $0  ·  Homeownership: 3.5%

Market Overview

Active Listings
1
Pending
0
0% pending ratio
Median Price
$285,000
Average Price
$285,000
Days on Market
229

Market Trends

Inventory & Days on Market

Year over Year

Median & Average Pricing

Year over Year

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 5.1 miles — 309 listings ($255,004,954 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07505Paterson, NJ 075050.0 mi1$285,000$285,000$285,000
07522Paterson, NJ 075220.6 mi7$2,431,044$298,500$347,292
07524Paterson, NJ 075241.3 mi3$1,080,750$376,250$360,250
07514Paterson, NJ 075141.6 mi13$6,625,112$453,500$509,624
07504Paterson, NJ 075041.7 mi10$5,724,650$574,500$572,465
07512Totowa, NJ 075122.7 mi23$22,564,265$756,250$981,055
07424Little Falls, NJ 074242.9 mi48$31,360,176$619,225$653,337
07011Clifton, NJ 070112.9 mi24$13,039,776$508,250$543,324
07013Clifton, NJ 070133.3 mi44$28,070,284$586,750$637,961
07663Saddle Brook, NJ 076634.1 mi9$5,811,120$650,000$645,680
07470Wayne, NJ 074704.4 mi82$64,516,452$686,661$786,786
07012Clifton, NJ 070124.9 mi25$16,724,225$637,500$668,969
07009Cedar Grove, NJ 070095.1 mi20$56,772,100$920,000$2,838,605

Frequently Asked Questions

How many homes are for sale in PATERSON, NJ 07505?

As of March 2026, there are 1 active listings in PATERSON, NJ (zip code 07505).

What is the median home price in PATERSON, NJ 07505?

The median listing price in PATERSON, NJ 07505 is $285,000 as of March 2026.

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

Homes in PATERSON, NJ 07505 spend an average of 229 days on the market before going under contract.

Is it a seller's or buyer's market in PATERSON, NJ 07505?

Based on current inventory and days-on-market data as of March 2026, PATERSON, NJ 07505 is currently a Balanced Market.

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

With SELL123.com's maximum 3% commission, sellers in PATERSON, NJ 07505 save an estimated $5,700 compared to a typical 5% commission on the median listing price of $285,000. 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.