Call or Text (240) SELL-123

PATERSON, NJ 07514

Real Estate Market Report  ·  Passaic County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
15
⇧ 15.4% vs 13 last year
Pending
1
7% pending ratio
Median Price
$455,000
⇧ 15.1% vs $395,475 last year
Average Price
$503,660
⇧ 38.5% vs $363,535 last year
Days on Market
89
⇧ 81.6% vs 49 days last year

Market Context

Population: 18,461  ·  Density: 7,684.3/mi²  ·  Median household income: $56,686

Typical home value: $259,299  ·  Homeownership: 31.0%

Market Analysis

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

The PATERSON, NJ real estate market (07514) currently shows 15 active listings, with 1 pending sales. Homes are averaging 89 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 89 days on market compared to 49 days last year.

The median listing price has risen 15.1% year-over-year, from $395,475 to $455,000.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for PATERSON, NJ 07514 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 15 this year vs 13 last year
  • Days on market: 89 now vs 49 last year

Median & Average Pricing

Year over Year
  • Median: $455,000 (+15.1% YoY)
  • Average: $503,660 (+38.5% YoY)

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 4.7 miles — 234 listings ($205,707,825 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07514Paterson, NJ 075140.0 mi15$7,554,900$455,000$503,660
07504Paterson, NJ 075041.0 mi11$5,836,600$524,500$530,600
07410Fair Lawn, NJ 074101.6 mi30$23,205,090$750,000$773,503
07501Paterson, NJ 075011.7 mi18$6,866,586$395,000$381,477
07407Elmwood Park, NJ 074071.9 mi21$13,423,452$590,000$639,212
07506Hawthorne, NJ 075062.3 mi21$14,411,544$634,999$686,264
07502Paterson, NJ 075022.7 mi12$7,220,400$550,000$601,700
07663Saddle Brook, NJ 076633.0 mi14$8,024,044$575,000$573,146
07662Rochelle Park, NJ 076623.7 mi6$3,951,600$679,000$658,600
07652Paramus, NJ 076524.1 mi31$52,084,030$1,550,000$1,680,130
07450Ridgewood, NJ 074504.2 mi13$37,173,929$1,922,000$2,859,533
07424Little Falls, NJ 074244.3 mi31$19,223,100$650,000$620,100
07644Lodi, NJ 076444.7 mi11$6,732,550$612,500$612,050

Frequently Asked Questions

How many homes are for sale in PATERSON, NJ 07514?

As of January 2026, there are 15 active listings in PATERSON, NJ (zip code 07514), compared to 13 the prior year.

What is the median home price in PATERSON, NJ 07514?

The median listing price in PATERSON, NJ 07514 is $455,000 as of January 2026, a 15.1% increase from $395,475 the prior year.

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

Homes in PATERSON, NJ 07514 spend an average of 89 days on the market before going under contract, compared to 49 days the prior year.

Is it a seller's or buyer's market in PATERSON, NJ 07514?

Based on current inventory and days-on-market data as of January 2026, PATERSON, NJ 07514 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 89 days on market compared to 49 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PATERSON, NJ 07514 save an estimated $9,100 compared to a typical 5% commission on the median listing price of $455,000. 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.