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Paramus, NJ Real Estate & Property Data

Paramus Real Estate Market Trends

Last Updated: April 26, 2024

Accurate and comprehensive real estate data is critical for insight into Paramus, NJ. ATTOM’s Paramus real estate data is updated daily, and current market trends show that in Paramus, NJ a total of 276 residential properties have sold over the past year. With a median home price of $775,000 in Paramus and a total of 4 foreclosures. Get detailed property data for Paramus, NJ instantly. ATTOM is your one-stop-shop for the Paramus property reports and real estate data you need in Paramus, NJ.

Paramus Real Estate Market Trends

Get property data for any address in Paramus, NJ or the country:

Total Residential Properties 8,175

Total Commercial Properties 446

Avg. Home Age (Single Family Home) 59 Years

Avg. Square Feet (Single Family Home) 2,330

Total 2024 Residential Sales (year-to-date) 31

% of Homes Seriously Underwater (Q2 2024) 0.99%

Total 2023 Residential Sales 276

% of Equity Rich Homes (Q2 2024) 52.64%

Effective 2023 Property Tax 1.13%

Total Foreclosure Filings (year-to-date) 5

Paramus, NJ Real Estate Overview

There were 276 residential properties sold in the past year in Paramus, NJ. The median home value in Paramus, NJ is $888,300. There are a total of 8,175 residential properties in the Paramus.

Median Sales Price i

$775,000

(Feb 2024)

-1.6%

year-over-year

y-o-y

February '24 Feb '24 $775,000
January '24 Jan '24 $860,000
December '23 Dec '23 $905,000
November '23 Nov '23 $915,000
October '23 Oct '23 $905,000
September '23 Sep '23 $882,150
August '23 Aug '23 $1,107,500
July '23 Jul '23 $902,500
June '23 Jun '23 $715,500
May '23 May '23 $881,000
April '23 Apr '23 $775,000
March '23 Mar '23 $760,000

Median Down Payment i

$193,750

(Feb 2024)

-26.6%

year-over-year

y-o-y

February '24 Feb '24 $193,750
January '24 Jan '24 $250,000
December '23 Dec '23 $274,900
November '23 Nov '23 $239,000
October '23 Oct '23 $217,500
September '23 Sep '23 $204,367
August '23 Aug '23 $284,000
July '23 Jul '23 $248,000
June '23 Jun '23 $135,000
May '23 May '23 $245,000
April '23 Apr '23 $195,000
March '23 Mar '23 $183,750

Number of Homes Sold i

5

(Feb 2024)

-76.2%

year-over-year

y-o-y

February '24 Feb '24 5
January '24 Jan '24 26
December '23 Dec '23 22
November '23 Nov '23 16
October '23 Oct '23 22
September '23 Sep '23 19
August '23 Aug '23 36
July '23 Jul '23 26
June '23 Jun '23 31
May '23 May '23 16
April '23 Apr '23 16
March '23 Mar '23 20

Number of Purchase Loans i

7

(Feb 2024)

-58.8%

year-over-year

y-o-y

February '24 Feb '24 7
January '24 Jan '24 20
December '23 Dec '23 14
November '23 Nov '23 10
October '23 Oct '23 14
September '23 Sep '23 15
August '23 Aug '23 28
July '23 Jul '23 16
June '23 Jun '23 20
May '23 May '23 10
April '23 Apr '23 12
March '23 Mar '23 22

Number of REFI Loans i

4

(Feb 2024)

-20%

year-over-year

y-o-y

February '24 Feb '24 4
January '24 Jan '24 8
December '23 Dec '23 5
November '23 Nov '23 5
October '23 Oct '23 10
September '23 Sep '23 11
August '23 Aug '23 8
July '23 Jul '23 7
June '23 Jun '23 3
May '23 May '23 10
April '23 Apr '23 8
March '23 Mar '23 7

Number of HELOC Loans i

6

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 6
January '24 Jan '24 11
December '23 Dec '23 5
November '23 Nov '23 6
October '23 Oct '23 6
September '23 Sep '23 13
August '23 Aug '23 11
July '23 Jul '23 8
June '23 Jun '23 5
May '23 May '23 14
April '23 Apr '23 15
March '23 Mar '23 11

Paramus, NJ Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

07652
$888,300 $381.18/sqft

Paramus, NJ Foreclosure Activity

There were a total of 4 Paramus, NJ properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

4

(Feb 2024)

+300%

year-over-year

y-o-y

February '24 Feb '24 4
January '24 Jan '24 1
December '23 Dec '23 N/A
November '23 Nov '23 3
October '23 Oct '23 2
September '23 Sep '23 1
August '23 Aug '23 4
July '23 Jul '23 4
June '23 Jun '23 3
May '23 May '23 3
April '23 Apr '23 3
March '23 Mar '23 1

Foreclosure Starts i

3

(Feb 2024)

+200%

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 1
December '23 Dec '23 N/A
November '23 Nov '23 1
October '23 Oct '23 2
September '23 Sep '23 N/A
August '23 Aug '23 4
July '23 Jul '23 4
June '23 Jun '23 2
May '23 May '23 3
April '23 Apr '23 3
March '23 Mar '23 1

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 1
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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