LatestCoverageAll 50 states, D.C. and five territories now on the ledger|NewPuerto Rico's 78 municipios ledgered, municipio by municipio|FeatureAssessment appeal workspace — build a filing package from your own evidence|FeatureLiving reports — versioned, re-runnable, exportable|DevelopersMetered REST gateway · issued keys · signed webhooks|Live market readings · refreshed on loadAlbuquerque · NMMedian List$360K+1.3%|Austin · TXMedian List$290K-3.5%|Baltimore · MDMedian List$265K+1.1%|Bernalillo County · NMMedian List$364K+2.7%|Bexar County · TXMedian List$303K+3.7%|Boston · MAMedian List$875K+6.1%|Charlotte · NCMedian List$402K+1.2%|Chicago · ILMedian List$410K+7.8%|Clark County · NVMedian List$447K+0.1%|Columbus · OHMedian List$300K+0.7%|Cook County · ILMedian List$348K+5.1%|Dallas · TXMedian List$412K+3.4%|Davidson County · TNMedian List$465K-1.1%|Denver · COMedian List$618K+5.0%|Detroit · MIMedian List$321K-2.7%|Duval County · FLMedian List$312K-1.4%|El Paso · TXMedian List$301K+11.1%|Fort Worth · TXMedian List$330K-1.5%|Franklin County · OHMedian List$301K+0.1%|Fresno · CAMedian List$375K+2.1%|Harris County · TXMedian List$327K+0.6%|Houston · TXMedian List$325K-2.3%|Indianapolis · INMedian List$250K+2.7%|Jackson County · MOMedian List$275K+7.0%|Jacksonville · FLMedian List$312K-1.4%|Jefferson County · KYMedian List$248K-4.3%|Kansas City · MOMedian List$310K+3.1%|King County · WAMedian List$850K-4.0%|Las Vegas · NVMedian List$450K+1.1%|Los Angeles · CAMedian List$1M-1.7%|Louisville · KYMedian List$280K+1.8%|Maricopa County · AZMedian List$458K-0.4%|Marion County · INMedian List$259K+3.7%|Mecklenburg County · NCMedian List$407K-5.3%|Memphis · TNMedian List$209K+4.7%|Mesa · AZMedian List$490K-0.9%|Milwaukee · WIMedian List$245K+2.7%|Multnomah County · ORMedian List$518K-1.2%|Nashville · TNMedian List$495K+3.1%|New York · NYMedian List$885K+8.7%|Oklahoma City · OKMedian List$275K-0.4%|Oklahoma County · OKMedian List$259K-0.7%|Philadelphia · PAMedian List$279K+4.6%|Phoenix · AZMedian List$452K+0.5%|Pima County · AZMedian List$373K+0.9%|Portland · ORMedian List$518K-2.2%|Sacramento · CAMedian List$510K+4.0%|San Antonio · TXMedian List$257K-2.9%|San Diego · CAMedian List$910K+1.1%|San Francisco · CAMedian List$1.6M+14.9%|San Jose · CAMedian List$1.6M-5.9%|Santa Clara County · CAMedian List$1.3M+0.1%|Seattle · WAMedian List$844K+1.2%|Shelby County · TNMedian List$250K-2.8%|Suffolk County · MAMedian List$857K+7.3%|Tarrant County · TXMedian List$385K-1.2%|Travis County · TXMedian List$497K-5.3%|Tucson · AZMedian List$324K-0.9%|Wayne County · MIMedian List$160K0.0%|LatestCoverageAll 50 states, D.C. and five territories now on the ledger|NewPuerto Rico's 78 municipios ledgered, municipio by municipio|FeatureAssessment appeal workspace — build a filing package from your own evidence|FeatureLiving reports — versioned, re-runnable, exportable|DevelopersMetered REST gateway · issued keys · signed webhooks|Live market readings · refreshed on loadAlbuquerque · NMMedian List$360K+1.3%|Austin · TXMedian List$290K-3.5%|Baltimore · MDMedian List$265K+1.1%|Bernalillo County · NMMedian List$364K+2.7%|Bexar County · TXMedian List$303K+3.7%|Boston · MAMedian List$875K+6.1%|Charlotte · NCMedian List$402K+1.2%|Chicago · ILMedian List$410K+7.8%|Clark County · NVMedian List$447K+0.1%|Columbus · OHMedian List$300K+0.7%|Cook County · ILMedian List$348K+5.1%|Dallas · TXMedian List$412K+3.4%|Davidson County · TNMedian List$465K-1.1%|Denver · COMedian List$618K+5.0%|Detroit · MIMedian List$321K-2.7%|Duval County · FLMedian List$312K-1.4%|El Paso · TXMedian List$301K+11.1%|Fort Worth · TXMedian List$330K-1.5%|Franklin County · OHMedian List$301K+0.1%|Fresno · CAMedian List$375K+2.1%|Harris County · TXMedian List$327K+0.6%|Houston · TXMedian List$325K-2.3%|Indianapolis · INMedian List$250K+2.7%|Jackson County · MOMedian List$275K+7.0%|Jacksonville · FLMedian List$312K-1.4%|Jefferson County · KYMedian List$248K-4.3%|Kansas City · MOMedian List$310K+3.1%|King County · WAMedian List$850K-4.0%|Las Vegas · NVMedian List$450K+1.1%|Los Angeles · CAMedian List$1M-1.7%|Louisville · KYMedian List$280K+1.8%|Maricopa County · AZMedian List$458K-0.4%|Marion County · INMedian List$259K+3.7%|Mecklenburg County · NCMedian List$407K-5.3%|Memphis · TNMedian List$209K+4.7%|Mesa · AZMedian List$490K-0.9%|Milwaukee · WIMedian List$245K+2.7%|Multnomah County · ORMedian List$518K-1.2%|Nashville · TNMedian List$495K+3.1%|New York · NYMedian List$885K+8.7%|Oklahoma City · OKMedian List$275K-0.4%|Oklahoma County · OKMedian List$259K-0.7%|Philadelphia · PAMedian List$279K+4.6%|Phoenix · AZMedian List$452K+0.5%|Pima County · AZMedian List$373K+0.9%|Portland · ORMedian List$518K-2.2%|Sacramento · CAMedian List$510K+4.0%|San Antonio · TXMedian List$257K-2.9%|San Diego · CAMedian List$910K+1.1%|San Francisco · CAMedian List$1.6M+14.9%|San Jose · CAMedian List$1.6M-5.9%|Santa Clara County · CAMedian List$1.3M+0.1%|Seattle · WAMedian List$844K+1.2%|Shelby County · TNMedian List$250K-2.8%|Suffolk County · MAMedian List$857K+7.3%|Tarrant County · TXMedian List$385K-1.2%|Travis County · TXMedian List$497K-5.3%|Tucson · AZMedian List$324K-0.9%|Wayne County · MIMedian List$160K0.0%|
Property-class scope

The story of this market

The typical home in ZIP 07470 sells for about $748,000, or $345 per square foot.

Prices are up +4.6% from a year ago, so sellers still have some momentum. Homes take about 32 days to sell. HUD's fair market rent for a two-bedroom is $2,164 a month.

ZIP market report · consumer edition · quarterly refresh
Track this ZIP

ZIP 07470 — Wayne

Passaic County →Paterson marketrefreshed Sep 26, 2026next refresh Oct 26, 2026
Market mood · cautiously optimistic

The 07470 housing market remains robust, characterized by high median listing prices and strong demand for suburban single-family homes. While inventory levels have seen a recent increase, the market continues to favor sellers due to limited supply and the area's strong school reputation. Prices have shown steady year-over-year growth, reflecting the sustained appeal of the Wayne community.

Who this ZIP fits

This ZIP is ideal for family buyers seeking high-quality schools and suburban amenities, as well as commuters who require access to the New York City metro area. It is less suited for those seeking low-cost housing or high-density urban living.

Parent geography
Aerial view · ZIP boundaries2020 Census ZCTA boundary over current aerial imagery
Leaflet Imagery © Esri, Maxar, Earthstar Geographics
Land area · 61.8 km²Water area · 3.7 km²U.S. Census Bureau TIGERweb — 2020 Census ZCTA5 boundary
Median sale price
$748,000
+4.6% year over year
Corroborated · 1 anchor · 0% off nearest
Days on market
32 days
Active listings
143
Listings with price cuts
19%
share of active listings
Sale-to-list ratio
101.2%
of asking price
ZIP Market ScoreZIP-SCORE-1.3 · 4/4 sections graded
81
Composite · average of graded sections
Computed only from this report's published readings — sections without data are excluded, never estimated.
73
Growth/100

Median prices moved up 4.6% year over year.

80
Liquidity/100

Homes spend a median of 32 days on market with 3.2 months of supply — a fast-moving market.

79
Momentum/100

19% of listings have cut prices · homes sell at 101.2% of asking — demand is running ahead of supply.

90
Safety & stability/100

no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.9% · poverty 3.4% — a stable, low-distress profile.

Median price · ten-year history

Researched annual trajectory for this ZIP, from published historical series

2016201720182019202020212022202320242025202620282030$450,000$600,000$750,000$900,000$1,050,000

Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.

Property tax · ten-year history

Median annual property tax paid on this ZIP's residential parcels

2016201720182019202020212022202320242025202620282030$10,500$12,000$13,500$15,000$16,500

Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.

Census trends · population flowsACS 2019-2023 5-year estimates
Population change
+0.5%

versus the prior ACS vintage

Net migration
−120 people

net outflow — more people moved out than in

Population base
54,112

ZCTA 07470, Passaic County, NJ

Area context
Crime & safety

Wayne generally experiences lower crime rates compared to the neighboring urban centers in Passaic County, with property crime being the primary concern. Local law enforcement maintains a proactive presence, and the area is considered safer than the regional average for northern New Jersey.

Schools & education

The Wayne Township Public Schools district is highly regarded, with many schools consistently receiving high ratings for academic performance and college readiness. The district serves as a primary draw for families moving into the area.

Environmental & hazard

The area faces moderate flood risks in low-lying sections near the Passaic River and its tributaries, necessitating flood insurance for many properties. Wildfire risk is minimal, though the township's significant wooded areas require standard fire-safety awareness.

Growth & development

Wayne serves as a major commercial hub for Passaic County, anchored by the Willowbrook Mall and significant corporate office parks. Infrastructure development is focused on maintaining transit connectivity to New York City and managing traffic flow along major corridors like Route 23 and Route 46.

Taxation

Property taxes in Wayne are determined by the municipal, county, and school district tax rates applied to the assessed value of the property. New Jersey's tax structure is among the highest in the nation, with local school budgets accounting for the largest portion of the tax bill.

Transportation & commute

Residents benefit from proximity to major highways including Routes 23, 46, and I-80, providing direct access to the New York City metropolitan employment core. Public transit options include NJ Transit bus services and nearby train stations in neighboring towns.

Recreation & amenities

The area features extensive recreational amenities, including the High Mountain Park Preserve, numerous local parks, and the major retail destination of Willowbrook Mall. Golfing and outdoor trail access are readily available within the township.

Rental market

The rental market is characterized by high demand and low vacancy rates, driven by the area's desirability and proximity to employment hubs. Short-term rentals are strictly regulated by municipal ordinance, limiting their prevalence.

Economy & employers

The economy is anchored by retail, healthcare, and corporate services, with significant employment provided by the Willowbrook commercial corridor and nearby corporate campuses. The area benefits from a diverse industry mix and proximity to the broader Northern New Jersey economic engine.

Transportation & infrastructure

The area is served by a robust network of state highways and NJ Transit bus routes, facilitating regional travel. Commuter access to New York City is a primary focus of local transportation planning.

Development pipeline

Development is focused on the revitalization of existing commercial zones and the adaptive reuse of older office properties. The township prioritizes projects that enhance the tax base while maintaining suburban density standards.

County appraisal district

The Passaic County Board of Taxation oversees the assessment process, with Wayne Township conducting annual reassessments to ensure property values reflect current market conditions.

Special districts

Parcels are subject to municipal, county, and school district taxes, with additional assessments for local fire districts and utility services where applicable.

Insurance & hazard market

Property insurance premiums are influenced by the area's suburban density and specific flood-zone designations. Homeowners are encouraged to maintain comprehensive coverage due to regional weather patterns.

Migration & population flows

New Jersey has experienced net domestic out-migration, though suburban areas like Wayne continue to attract families from higher-density urban centers.

Foreclosure doctrine

New Jersey is a judicial foreclosure state, requiring court intervention for all foreclosure proceedings, which typically results in a longer timeline for the process.

Disclosure doctrine

Sellers are required to provide a comprehensive property disclosure statement detailing the condition of the home, including known defects and environmental hazards.

Discovery profileACS 2019-2023 5-year estimates
Census profile · ZCTA 07470, Passaic County, NJ
Population
54,112
Median age
40.8 yrs
Owner-occupancy
78.5%
Median home value
$625,000
Median gross rent
$2,200
Median household income
$138,500
Median year built
1967
Vacancy rate
3.2%
Renter share
21.5%
Owner cost burden
28.4%
Renter cost burden
35.2%
Population change
+0.5%
Net migration
-120
Work-from-home share
18.2%
Mean commute
34.5 min
Bachelor's or higher
52.1%
Unemployment
4.9%
Poverty rate
3.4%
Avg household size
2.7
White
68.2%
Asian
15.4%
Hispanic
10.1%
Black
3.5%
Other
2.8%

Data retrieved from data.census.gov using ZCTA 07470 profile.

Public schools with an address here · 2

Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.

Wayne Valley High SchoolHigh8/10Wayne Township Public SchoolsHighly rated for academic performance and extracurricular programs.
Wayne Hills High SchoolHigh8/10Wayne Township Public SchoolsKnown for strong athletic and academic achievements.
School districts
Wayne Township Public SchoolsALarge district serving the entire township with a focus on comprehensive education.
Utilities & services
ElectricPSE&GPrimary provider for the region.
Natural GasPSE&GStandard service for residential heating.
WaterWayne Township Water DepartmentMunicipal water service.
InternetOptimum/Verizon FiosHigh-speed broadband availability.
Major employers & industries
William Paterson UniversityEducationMajor regional employer.
Willowbrook MallRetailSignificant retail employment hub.
St. Joseph's HealthHealthcareMajor regional healthcare provider.
Major amenities · ZIP 07470
Theme, amusement & water parks
20+ · 20 mi
Entertainment venues, stadiums & amphitheaters
15 · 20 mi
Museums, galleries & history
20+ · 20 mi
Parks, trails & nature
20+ · 13 mi
Shopping & dining districts
4 · 13 mi

Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.

Amenities & attractions3 retained amenities · 1 development on the horizon
Inside this ZIP
Willowbrook Mall
Shopping

A major regional shopping destination featuring numerous anchor stores and dining options.

High Mountain Park Preserve
Park

A large protected area offering extensive hiking trails and scenic views.

William Paterson University
Education

A public university providing cultural and educational resources to the community.

On the horizon · announced & under construction
Willowbrook Mall RedevelopmentMixed-useOngoingPhased updates to modernize the retail space and integrate residential components.
Sources · 6 cited

Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.