The story of this market
The typical home in ZIP 07507 sells for about $619,663, or $308 per square foot.
Prices are up +44.6% from a year ago, so sellers still have some momentum. Homes take about 64 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,150 a month.
ZIP 07507 — Hawthorne
The Paterson housing market is currently experiencing price appreciation with a median sale price of $619,663. While the market is competitive, buyers have more flexibility compared to more aggressive regions, as evidenced by the median days on market and sale-to-list ratios.
The market is suitable for a mix of buyers and renters, offering a competitive environment that is not as aggressive as some neighboring regions, allowing for more deliberate decision-making.
Median prices moved up 44.6% year over year.
Homes spend a median of 64 days on market with 2.6 months of supply — a fast-moving 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) · poverty 21.2% — a mixed stability profile.
ZCTA 07507, Passaic County NJ
The average commute time for residents is approximately 22.6 minutes.
The rental market shows steady activity with a median rent of $2,150 per month.
The local economy is supported by a mix of industries, with major employers and services located within the broader Passaic County region.
Data sourced from American Community Survey and Census Bureau QuickFacts.
- American Dream4.510.6 mi
- DreamWorks Water Park4.310.7 mi
- Nickelodeon Universe Theme Park4.510.7 mi
- Color Factory NYC4.417.3 mi
- The Funplex4.315.1 mi
- American Dream4.510.6 mi
- MetLife Stadium4.510.2 mi
- Madison Square Garden4.716.1 mi
- Yankee Stadium4.714.5 mi
- Javits Center4.615.5 mi
- American Dream4.510.6 mi
- MetLife Stadium4.510.2 mi
- Westfield Garden State Plaza4.54.6 mi
- The Met Cloisters4.813 mi
- Medieval Times Dinner & Tournament4.710.1 mi
- The Metropolitan Museum of Art4.815.4 mi
- Rockefeller Center4.716 mi
- Empire State Building4.716.4 mi
- The Museum of Modern Art4.615.9 mi
- American Museum of Natural History4.614.9 mi
- Paterson Great Falls National Historical Park4.52.7 mi
- Branch Brook Park4.612.5 mi
- Van Saun County Park4.75.6 mi
- Overpeck County Park4.610.1 mi
- Garret Mountain Reservation4.73.6 mi
- 21 Golf Range Powered by Toptracer4.510.5 mi
- Rockleigh Golf Course3.611.9 mi
- Sunset Valley Golf Course4.19 mi
- Upper Montclair Country Club4.67.1 mi
- Closter Golf Center4.110.5 mi
- American Dream4.510.6 mi
- Westfield Garden State Plaza4.54.6 mi
- Willowbrook4.46.9 mi
- Bergen Town Center4.55.4 mi
- Newark Liberty International Airport3.718 mi
- LaGuardia Airport4.118.8 mi
- Westchester County Airport424.6 mi
- Teterboro Airport4.47.9 mi
- North Shore University Hospital Heliport4.626.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.