The story of this market
The typical home in Passaic County, New Jersey sells for about $648,000, or $365 per square foot.
Prices are up +11.9% from a year ago, so sellers still have some momentum. Homes take about 26 days to sell, which is fast. Over the long run, values in this county have grown 153% since 2000. Last year 56 of 71 neighborhoods saw prices rise, so the story isn't the same street to street. HUD's fair market rent for a two-bedroom is $2,282 a month.
HUD sets the fair market rent for a 2-bedroom at $2,282 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Low.
Price climate
Every year of price change, 2000–2025
+4.6%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2004 (+15.2%). Worst: 2009 (-8.2%). Hover to read a year.
Monthly price momentum
Home values since 2015
+5%
NJ · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$2,771
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+4.6%
2025 change
FHFA repeat-sales index, median of 71 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
39
Relatively Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $148,828,464.
Mortgage activity
Home lending in this county
69.6%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 17319 | 7665 | 69.6% | 8.3% | $325,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Passaic County, New Jersey
The Passaic County housing market remains competitive, characterized by rising median prices and low inventory levels. While demand remains steady, the market is experiencing a slight cooling in the pace of sales compared to the previous year, driven by broader economic factors and interest rate sensitivity.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 13 cities · 37 ZIP reports
Median prices moved up 4.8% year over year.
Homes spend a median of 44 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 28.24% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.1% · poverty 10.2% — a stable, low-distress profile.
ACS 2024 5-year estimates. Aggregate published statistics for this county — never individual records, and never an attribute of any individual property or resident.
Deterministic aggregate of 37 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Passaic County, New Jersey — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Each property observation weighs one in its ZIP's deterministic roll-up — property-level records (taxes, scores, permits) never roll individually. Latest property research run Oct 10, 2026.
researched Sep 26
researched Sep 26
researched Sep 26
researched Sep 26
researched Sep 26
researched Sep 26
researched Sep 26
researched Sep 26
researched Sep 26
researched Sep 26
| 07011 | Clifton | $619,663 | $287 | +0.9% | 64 | 103% | — | — | 314 | $1,675 | researched Sep 26 |
| 07012 | Clifton | $624,000 | $487 | +5.6% | 64 | 100% | — | 1 | 22 | $1,759 | researched Sep 26 |
| 07013 | Clifton | $599,000 | $350 | +3.6% | 38 | 101% | 15% | 3.2 | 212 | $1,671 | researched Sep 26 |
| 07014 | Clifton | $541,017 | $285 | +4.6% | 32 | 98.5% | 15% | 3.4 | 128 | $2,525 | researched Sep 26 |
| 07015 | Clifton | $592,000 | $285 | +5.7% | 69 | — | — | — | 116 | $2,150 | researched Sep 26 |
| 07055 | Passaic | $619,663 | $287 | +0.9% | 64 | 103% | — | — | 314 | $1,465 | researched Sep 26 |
| 07407 | Elmwood Park | $580,000 | $287 | — | 55 | — | — | — | 100 | $2,074 | researched Sep 26 |
| 07420 | Haskell | $525,000 | $402 | +16% | 12 | 100% | — | 1 | 5 | $1,593 | researched Sep 26 |
| 07424 | Little Falls | $689,500 | $350 | +4.2% | 35 | 98.5% | 15% | 3.2 | 35 | $1,841 | researched Sep 26 |
| 07435 | Newfoundland | $600,000 | $305 | -4% | 82 | 98.5% | 12% | 6 | 18 | $1,996 | researched Sep 26 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Crime trends in Passaic County vary significantly by municipality, with urban centers like Paterson experiencing higher rates compared to suburban and rural northern townships. Regional comparisons generally place the county in line with other densely populated northern New Jersey areas.
The county features a mix of highly-rated suburban school districts and urban districts facing significant resource challenges. Overall, northern Passaic County districts are frequently cited for high performance and college readiness.
The county faces moderate flood risks, particularly along the Passaic River basin, which has historically required significant mitigation efforts. Insurance premiums are influenced by these localized flood zones and general regional climate exposure.
Economic momentum is driven by a diverse mix of healthcare, education, and manufacturing sectors, with major employers including St. Joseph's Health. Infrastructure development remains focused on transit-oriented projects and regional highway connectivity.
Passaic County property taxes are among the highest in the nation, determined by local municipal, school, and county tax levies. The assessment regime is managed at the municipal level, with tax rates varying significantly between boroughs and cities.
The economy is anchored by healthcare, education, and retail, with St. Joseph's Health serving as a major regional employer. The area benefits from its proximity to the New York City metropolitan labor market.
The county is served by NJ Transit rail and bus lines, providing critical links to Manhattan and surrounding suburban hubs. Major highway corridors include I-80 and Route 46.
- American Dream4.526.5 mi
- LEGOLAND® New York Resort3.917.8 mi
- Mountain Creek Water Park48.9 mi
- DreamWorks Water Park4.326.5 mi
- Nickelodeon Universe Theme Park4.526.5 mi
- American Dream4.526.5 mi
- MetLife Stadium4.526 mi
- Prudential Center4.528.6 mi
- Sports Illustrated Stadium4.528.9 mi
- Medieval Times Dinner & Tournament4.725.5 mi
- LEGOLAND® New York Resort3.917.8 mi
- Mountain Creek Resort4.38.9 mi
- Mountain Creek Water Park48.9 mi
- Paterson Great Falls National Historical Park4.517.1 mi
- Campgaw Mountain Ski Area4.29.6 mi
- The Met Cloisters4.828.5 mi
- Storm King Art Center4.725.8 mi
- Paterson Great Falls National Historical Park4.517.1 mi
- Wave Hill Public Garden & Cultural Center4.828 mi
- Lyndhurst Mansion4.726 mi
- Paterson Great Falls National Historical Park4.517.1 mi
- Harriman State Park4.715.9 mi
- Garret Mountain Reservation4.718 mi
- Darlington County Park4.310.4 mi
- New Jersey Botanical Garden4.66.3 mi
- Greenwood Lake Marina4.74.6 mi
- Sportsmans Marina4.83.6 mi
- Crystal Springs Resort410.3 mi
- Ballyowen Golf Club4.511.7 mi
- Berkshire Valley Golf Course4.411 mi
- The Golf Club at Mansion Ridge4.315.2 mi
- Farmstead Golf & Country Club4.618.8 mi
- Woodbury Common Premium Outlets4.518.1 mi
- Willowbrook4.417 mi
- Rockaway Townsquare4.418.1 mi
- Paramus Park4.319 mi
- Stew Leonard's Farm Fresh Food & Wine4.619.1 mi
- New York Stewart International Airport4.329.2 mi
- Teterboro Airport4.424 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
A large nature preserve offering hiking trails and views of the New York City skyline.
A historic site located within Garret Mountain Reservation.
Data retrieved from U.S. Census Bureau QuickFacts and local municipal datasets.
Sellers are required to provide a standardized disclosure statement regarding the physical condition of the property to prospective buyers.
Effective August 26, 2026, per New Jersey Division of Consumer Affairs regulations.
New Jersey is a judicial foreclosure state, requiring lenders to file a lawsuit in Superior Court. Lenders must provide a Notice of Intention to Foreclose at least 30 days prior to commencing the action.
N.J.S.A. 2A:50-53 et seq.; NJ Courts Foreclosure procedures.
Sellers must provide a specific flood risk addendum to buyers as part of the property disclosure process.
Effective August 1, 2024, per New Jersey Division of Consumer Affairs regulations.
Tax is calculated as (Assessed Value * Tax Rate). Assessed value is determined by the municipal assessor at 100% of true market value. The tax rate is set by local taxing districts to cover municipal, county, and school budgets.
N.J.S.A. 54:4-1 et seq.; Article VIII, Section 1, paragraph 1 of the New Jersey Constitution.
applies when — Land actively devoted to agricultural or horticultural use meeting specific acreage and income requirements
Property is assessed based on its productive capability for agricultural use rather than its full market value, resulting in a lower tax burden.
N.J.S.A. 54:4-23.1 et seq.
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.