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Paterson, NJ 07501 Real Estate & Property Data

Paterson, NJ 07501 Real Estate Market Trends
Last Updated: April 29, 2024

A total of 199 residential properties have been sold over the past 12 months in 07501. With a median sales price of $529,000 in 07501 and a total of 5 foreclosures in Paterson, NJ 07501. Discover market trends and get the granular level real estate data for Paterson, NJ 07501 to keep your pulse on the housing market. Curate compelling home reports for Paterson, NJ 07501 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Paterson, NJ 07501 Real Estate Market Trends
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    • Zip Code: 60093
    • City: Chicago, IL
    • Address: 123 Main St, Chicago, IL
Total Residential Properties 3,528
Total Commercial Properties 913
Avg. Home Age (Single Family Home) 48 Years
Avg. Square Feet (Single Family Home) 2,177
Total 2024 Residential Sales (year-to-date) 38
% of Homes Seriously Underwater (Q2 2024) 4.07%
Total 2023 Residential Sales 174
% of Equity Rich Homes (Q2 2024) 35.78%
Effective 2023 Property Tax 1.98%
Total Foreclosure Filings (year-to-date) 8
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Paterson, NJ 07501 Real Estate Overview

There were 199 residential properties sold in the past year in Paterson, NJ 07501. The median home value in Paterson, NJ 07501 is $414,400. There are a total of 3,528 residential properties in the 07501.

Median Sales Price i
$529,000
(Feb 2024)
+61.5%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 $529,000
  • January '24 Jan '24 $442,500
  • December '23 Dec '23 $544,000
  • November '23 Nov '23 $472,500
  • October '23 Oct '23 $425,000
  • September '23 Sep '23 $459,000
  • August '23 Aug '23 $400,000
  • July '23 Jul '23 $435,000
  • June '23 Jun '23 $472,500
  • May '23 May '23 $405,300
  • April '23 Apr '23 $395,975
  • March '23 Mar '23 $529,000
Median Down Payment i
$27,000
(Feb 2024)
-59.1%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 $27,000
  • January '24 Jan '24 $35,000
  • December '23 Dec '23 $128,750
  • November '23 Nov '23 $50,750
  • October '23 Oct '23 $36,012
  • September '23 Sep '23 $12,528
  • August '23 Aug '23 $19,385
  • July '23 Jul '23 $13,525
  • June '23 Jun '23 $9,826
  • May '23 May '23 $14,018
  • April '23 Apr '23 $28,810
  • March '23 Mar '23 $17,355
Number of Homes Sold i
14
(Feb 2024)
+7.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 14
  • January '24 Jan '24 24
  • December '23 Dec '23 10
  • November '23 Nov '23 14
  • October '23 Oct '23 21
  • September '23 Sep '23 14
  • August '23 Aug '23 20
  • July '23 Jul '23 11
  • June '23 Jun '23 10
  • May '23 May '23 20
  • April '23 Apr '23 19
  • March '23 Mar '23 9
Number of Purchase Loans i
11
(Feb 2024)
-8.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 11
  • January '24 Jan '24 16
  • December '23 Dec '23 7
  • November '23 Nov '23 12
  • October '23 Oct '23 22
  • September '23 Sep '23 13
  • August '23 Aug '23 15
  • July '23 Jul '23 16
  • June '23 Jun '23 10
  • May '23 May '23 18
  • April '23 Apr '23 13
  • March '23 Mar '23 9
Number of REFI Loans i
11
(Feb 2024)
-57.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 11
  • January '24 Jan '24 6
  • December '23 Dec '23 18
  • November '23 Nov '23 9
  • October '23 Oct '23 8
  • September '23 Sep '23 10
  • August '23 Aug '23 15
  • July '23 Jul '23 16
  • June '23 Jun '23 19
  • May '23 May '23 18
  • April '23 Apr '23 12
  • March '23 Mar '23 26
Number of HELOC Loans i
1
(Feb 2024)
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 1
  • January '24 Jan '24 4
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 3
  • September '23 Sep '23 1
  • August '23 Aug '23 4
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 1
  • March '23 Mar '23 2

Paterson, NJ 07501 Real Estate Market Overview

Last 30 days
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Paterson, NJ 07501 Foreclosure Activity

There were a total of 5 Paterson, NJ 07501 properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 4 Paterson, NJ 07501 properties and repossessed 1 Paterson, NJ 07501 properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
5
(Feb 2024)
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 5
  • January '24 Jan '24 3
  • December '23 Dec '23 3
  • November '23 Nov '23 7
  • October '23 Oct '23 4
  • September '23 Sep '23 3
  • August '23 Aug '23 5
  • July '23 Jul '23 4
  • June '23 Jun '23 8
  • May '23 May '23 2
  • April '23 Apr '23 6
  • March '23 Mar '23 7
Foreclosure Starts i
4
(Feb 2024)
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 4
  • January '24 Jan '24 N/A
  • December '23 Dec '23 3
  • November '23 Nov '23 3
  • October '23 Oct '23 2
  • September '23 Sep '23 3
  • August '23 Aug '23 3
  • July '23 Jul '23 2
  • June '23 Jun '23 7
  • May '23 May '23 1
  • April '23 Apr '23 6
  • March '23 Mar '23 5
Completed Foreclosures (REOs) i
1
(Feb 2024)
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 1
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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