The story of this market
The typical home in ZIP 07055 sells for about $619,663, or $287 per square foot.
Prices are roughly flat from a year ago (+0.9%), a market in balance. Homes take about 64 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,465 a month.
ZIP 07055 — Passaic
The housing market in 07055 shows steady price appreciation with a median sale price of $619,663. While demand remains consistent, the market is not currently characterized by extreme bidding wars, allowing buyers more time for due diligence compared to previous periods.
This area is primarily suited for commuters and budget-conscious buyers looking for proximity to the New York-Newark-Jersey City metropolitan core.
Median prices moved up 0.9% year over year.
Homes spend a median of 64 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 103% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 12.5% · poverty 22.9% — elevated distress and economic pressure.
ZCTA 07055, Passaic County NJ
The average commute time for residents is approximately 22.6 minutes.
The area is part of the New York-Newark-Jersey City metropolitan statistical area, with a diverse local economy anchored by regional service and industrial sectors.
Data sourced from US Census Bureau and local ZIP-level aggregators.
- American Dream4.54.7 mi
- DreamWorks Water Park4.34.8 mi
- Nickelodeon Universe Theme Park4.54.8 mi
- Color Factory NYC4.411.3 mi
- Area 53 - Adventure Park4.514.8 mi
- American Dream4.54.7 mi
- MetLife Stadium4.54.3 mi
- Madison Square Garden4.710.4 mi
- Yankee Stadium4.710.8 mi
- Barclays Center4.514.7 mi
- Times Square4.710.3 mi
- The Metropolitan Museum of Art4.810.3 mi
- Rockefeller Center4.710.5 mi
- Central Park4.810.1 mi
- Brooklyn Bridge4.812.7 mi
- The Metropolitan Museum of Art4.810.3 mi
- Rockefeller Center4.710.5 mi
- Empire State Building4.710.8 mi
- The Museum of Modern Art4.610.5 mi
- American Museum of Natural History4.69.8 mi
- Central Park4.810.1 mi
- Bryant Park4.710.6 mi
- 9/11 Memorial & Museum4.811.9 mi
- The High Line4.710.1 mi
- The Battery4.612.4 mi
- Van Cortlandt Park Golf Course4.312.6 mi
- 21 Golf Range Powered by Toptracer4.56.5 mi
- Puttery4.710.4 mi
- Five Iron Golf4.910.6 mi
- Skyway Golf Course4.59 mi
- American Dream4.54.7 mi
- Chelsea Market4.610.4 mi
- Macy's4.410.6 mi
- Hudson Yards4.710 mi
- Westfield Garden State Plaza4.54.9 mi
- Newark Liberty International Airport3.712.1 mi
- LaGuardia Airport4.114.5 mi
- Westchester County Airport426.3 mi
- Teterboro Airport4.43.6 mi
- North Shore University Hospital Heliport4.623.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Deterministic aggregate of 1 researched property in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.