Downtown · Great Falls · Stoney Road
Data as of June 2026. Source: Realtor.com.
The PATERSON, NJ real estate market (07505) currently shows 3 active listings. Homes are averaging 70 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 70 days on market compared to 7 days last year.
The median listing price has fallen 20% year-over-year, from $325,000 to $260,000.
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: 4,592 · Density: 7,243.5/mi² · Median household income: $23,780
Typical home value: $0 · Homeownership: 3.5%
Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 07505 | Paterson, NJ 07505 | 0.0 mi | 1 | $285,000 | $285,000 | $285,000 |
| 07522 | Paterson, NJ 07522 | 0.6 mi | 7 | $2,431,044 | $298,500 | $347,292 |
| 07524 | Paterson, NJ 07524 | 1.3 mi | 3 | $1,080,750 | $376,250 | $360,250 |
| 07514 | Paterson, NJ 07514 | 1.6 mi | 13 | $6,625,112 | $453,500 | $509,624 |
| 07504 | Paterson, NJ 07504 | 1.7 mi | 10 | $5,724,650 | $574,500 | $572,465 |
| 07512 | Totowa, NJ 07512 | 2.7 mi | 23 | $22,564,265 | $756,250 | $981,055 |
| 07424 | Little Falls, NJ 07424 | 2.9 mi | 48 | $31,360,176 | $619,225 | $653,337 |
| 07011 | Clifton, NJ 07011 | 2.9 mi | 24 | $13,039,776 | $508,250 | $543,324 |
| 07013 | Clifton, NJ 07013 | 3.3 mi | 44 | $28,070,284 | $586,750 | $637,961 |
| 07663 | Saddle Brook, NJ 07663 | 4.1 mi | 9 | $5,811,120 | $650,000 | $645,680 |
| 07470 | Wayne, NJ 07470 | 4.4 mi | 82 | $64,516,452 | $686,661 | $786,786 |
| 07012 | Clifton, NJ 07012 | 4.9 mi | 25 | $16,724,225 | $637,500 | $668,969 |
| 07009 | Cedar Grove, NJ 07009 | 5.1 mi | 20 | $56,772,100 | $920,000 | $2,838,605 |
As of June 2026, there are 3 active listings in PATERSON, NJ (zip code 07505), compared to 9 the prior year.
The median listing price in PATERSON, NJ 07505 is $260,000 as of June 2026, a 20% decrease from $325,000 the prior year.
Homes in PATERSON, NJ 07505 spend an average of 70 days on the market before going under contract, compared to 7 days the prior year.
Based on current inventory and days-on-market data as of June 2026, PATERSON, NJ 07505 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 70 days on market compared to 7 days last year.
With SELL123.com's maximum 3% commission, sellers in PATERSON, NJ 07505 save an estimated $5,200 compared to a typical 5% commission on the median listing price of $260,000. 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.