Paramus is a mid-sized community of roughly 26,000 residents in New Jersey, with a high price point that places it firmly in the upper tier of its market.
| State | New Jersey |
|---|---|
| Population | 26,000 |
| Median home value | $560,000 |
| Active listings | 36 |
| Median across New Jersey communities we track | $420,000 |
The Paramus housing market
At $560,000, the median home value sits about 33% above the median of the 16 communities we track in New Jersey.
Roughly 36 active listings at last count. That is enough to compare alternatives but not enough to be casual about a property you actually want.
Search homes in Paramus
Current listings for Paramus are maintained on the following site:
- Luxury homes for sale in Paramus — paramusluxuryhomes.com
These are external sites operated independently of 1PropertyHub. We do not control their listings, pricing, or availability, and we are not a party to any transaction arising from them.
Buying in Paramus
In this price tier the buyer pool is thinner and pricing accuracy matters more. Homes that miss on price sit, and days on market is a harder signal to recover from than in entry-level markets.
Before you make an offer, work out what the monthly payment actually looks like at this price level. Our mortgage calculator includes property tax, insurance, and mortgage insurance rather than just principal and interest, and the affordability calculator solves backwards from your income to a purchase price a lender would support. If you are weighing a purchase against continuing to rent, the rent vs buy calculator accounts for transaction costs on both ends.
Investing in Paramus
For rental investors, the questions here are rent-to-price ratio, the property tax burden, insurance cost, and the depth of the tenant pool at this population size. Underwrite with honest vacancy, management, maintenance, and capital reserves rather than rent minus mortgage — see our cash flow calculator and the rental underwriting guide. Verify short-term rental rules with the municipality before assuming any STR strategy will be permitted.
Nearby communities in New Jersey
- Bergenfield, NJ
- Maplewood, NJ
- Wyckoff, NJ
- Mount Laurel, NJ
- Northfield, NJ
- Hackensack, NJ
- East Brunswick, NJ
- Saddle River, NJ
Frequently asked questions
What is the median home value in Paramus, NJ?
The median home value in Paramus is approximately $560,000. At $560,000, the median home value sits about 33% above the median of the 16 communities we track in New Jersey. Values move with the market and vary widely by neighborhood, condition, and lot — treat this as a starting point and verify against recent closed sales before pricing an offer.
How many homes are for sale in Paramus?
There were roughly 36 active listings at last count. Roughly 36 active listings at last count. That is enough to compare alternatives but not enough to be casual about a property you actually want. For current inventory, see Luxury homes for sale in Paramus.
What should I know before buying in Paramus?
In this price tier the buyer pool is thinner and pricing accuracy matters more. Homes that miss on price sit, and days on market is a harder signal to recover from than in entry-level markets. Beyond the property itself, confirm the property tax rate and any exemptions with the county assessor, and get an insurance quote before you are under contract — both vary far more by location than buyers expect. Our New Jersey state guide covers closing practice and property law.