The Unshakable Investor

Unshakable ZIP Data 07502 | Paterson, NJ Housing Market

Paterson · Passaic County · New York-Newark-Jersey City, NY-NJ-PA metro · New Jersey · Data updated June 19, 2026

The median sale price in ZIP 07502, Paterson, New Jersey is $557,335 at $332 per square foot. 12 single-family homes sold in the latest period, down 17.6 percent from a year earlier. Homes sit a median of 68 days on market with 8.2 months of supply. Sellers are getting 101.6 percent of list price and 75.0 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$541,351
Average price per sq ft$323
Median sale price$557,335
Median sale price per sq ft$332
Median home size1,678 sq ft
Median new listing price$549,751+9.9%
National size rank7,119

Sales activity

MetricValueYear over year
Homes sold12-17.6%
Median days on market68 days
Months of supply8.2 months
New listings39+67.7%
Active listings55+43.9%
Pending sales17-17.9%

Pricing power

MetricValueYear over year
Average sale-to-list ratio101.6%-1.7 pts
Share sold above list75.0%+8.3 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

2-bedroom
$452,765
3-bedroom
$525,452
4-bedroom
$558,901

These figures describe the single-family market for Paterson, New Jersey ZIP 07502. They are market context, not a substitute for sold comps or a formal appraisal.