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Foreclosure Homes in Paterson, NJ

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Paterson, NJ Foreclosures

Current Market Conditions in in Paterson, NJ As of June 2026?
Home values: +1.49% MoM; rent: +0.00% MoM.
How much do homes sell for in Paterson, NJ?
The average home price is currently $582,756.
In Paterson, NJ, how many homes are available?
There are currently 1 active home listings available in Paterson.
What’s the average rental cost in Paterson, NJ?
The average rental price in Paterson is $1,841.
What is the most expensive home in Paterson?
The most expensive home sold in Paterson had a price of $150,084,984.
What is currently the cheapest priced home in Paterson, NJ?
The cheapest home for sale in Paterson is priced at $10,348.

Living in Paterson, NJ

Paterson, NJ is a dense Passaic County city with historic character, strong commuter access, major local amenities, and a large multifamily rental market appealing to North Jersey property investors.

Buyer vs Seller Market in Paterson, NJ

Median home value: $532,702 as of 2026-05-14.

Median rent: $1,860 as of 2026-05-14.

Home values: +1.49% MoM, +11.04% YoY.

Rent: +0.00% MoM, -1.06% YoY.

Home Value Estimator For Paterson, NJ

There are currently 22,307 real estate properties in Paterson, NJ, with a median automated valuation model (AVM) price of $532,702.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Paterson, NJ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Paterson, NJ, is $582,756.00, with the most expensive house in Paterson, NJ, topping out at $150,084,984.00 and the cheapest home in Paterson, NJ, clocking in at $10,348.00. In other words, there’s something for every potential homebuyer or savvy investor in Paterson, NJ!

Rent Prices In Paterson, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Paterson, NJ, is on a rollercoaster ride. The average rent price in Paterson, NJ, is $1,841.00. Indeed, when looking to rent in Paterson, NJ, you can expect to pay as little as $990.00 or as much as $3,720.00, with the average rent median estimated to be $1,860.00. The good news is that finding an affordable and desirable property to rent in Paterson, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Paterson, NJ Foreclosures

Market Trend for Paterson, NJ

Total Listings Available: 1

Market Values:

Home Prices from $10,348 to $150,084,984

Average Sales Price: $582,756

Rental Values:

Rental from $990 to $3,720

Average Rent Value: $1,841 / month

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