Paterson is a community in New Jersey in New Jersey, with a range of price points.
| State | New Jersey |
|---|---|
| Population | — |
| Median home value | — |
| Active listings | 245 |
| Median across New Jersey communities we track | $420,000 |
The Paterson housing market
Median value data is not available for this community. Compare recent closed sales in the immediate area before drawing conclusions about pricing.
Roughly 245 active listings at last count, which gives buyers genuine room to compare and to negotiate on properties that have been sitting.
Search homes in Paterson
Current listings for Paterson are maintained on the following site:
- Homes for sale in Paterson — patersonhomesforsale.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 Paterson
Verify pricing against recent closed sales in the immediate area rather than relying on asking prices, which reflect hope more than market.
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 Paterson
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
- East Brunswick, NJ
- East Orange, NJ
- Elizabeth, NJ
- Hackensack, NJ
- Jackson, NJ
- Jersey City, NJ
- Maplewood, NJ
Frequently asked questions
What is the median home value in Paterson, NJ?
Median value data is not available for Paterson in our dataset. Verify pricing against recent closed sales in the immediate area.
How many homes are for sale in Paterson?
There were roughly 245 active listings at last count. Roughly 245 active listings at last count, which gives buyers genuine room to compare and to negotiate on properties that have been sitting. For current inventory, see Homes for sale in Paterson.
What should I know before buying in Paterson?
Verify pricing against recent closed sales in the immediate area rather than relying on asking prices, which reflect hope more than market. 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.