The Unshakable Investor

Unshakable ZIP Data 07504 | 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 07504, Paterson, New Jersey is $694,794 at $320 per square foot. 7 single-family homes sold in the latest period, up 3.0 percent from a year earlier. Homes sit a median of 64 days on market with 8.2 months of supply. Sellers are getting 103.6 percent of list price and 57.2 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$583,137
Average price per sq ft$268
Median sale price$694,794
Median sale price per sq ft$320
Median home size2,173 sq ft
Median new listing price$577,513-14.4%
National size rank8,578

Sales activity

MetricValueYear over year
Homes sold7+3.0%
Median days on market64 days
Months of supply8.2 months
New listings22+31.4%
Active listings42+48.3%
Pending sales20+68.9%

Pricing power

MetricValueYear over year
Average sale-to-list ratio103.6%-4.7 pts
Share sold above list57.2%+0.0 pts

Bedroom value anchors

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

4-bedroom
$566,048

These figures describe the single-family market for Paterson, New Jersey ZIP 07504. They are market context, not a substitute for sold comps or a formal appraisal.