The Unshakable Investor

Unshakable ZIP Data 07514 | 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 07514, Paterson, New Jersey is $479,858 at $261 per square foot. 16 single-family homes sold in the latest period, up 9.8 percent from a year earlier. Homes sit a median of 120 days on market with 4.0 months of supply. Sellers are getting 102.2 percent of list price and 50.0 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$550,815
Average price per sq ft$300
Median sale price$479,858
Median sale price per sq ft$261
Median home size1,839 sq ft
Median new listing price$594,915+17.2%
National size rank6,440

Sales activity

MetricValueYear over year
Homes sold16+9.8%
Median days on market120 days
Months of supply4.0 months
New listings24+1.5%
Active listings47+1.3%
Pending sales14-11.3%

Pricing power

MetricValueYear over year
Average sale-to-list ratio102.2%-3.6 pts
Share sold above list50.0%-16.7 pts

Bedroom value anchors

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

3-bedroom
$502,121

These figures describe the single-family market for Paterson, New Jersey ZIP 07514. They are market context, not a substitute for sold comps or a formal appraisal.