Downtown Paterson, NJ Housing Market

Homes for sale

The median sale price of a home in Downtown Paterson was $365K last month, down 39.2% since last year.

Trends
Demand
Schools
Climate
Transportation

Downtown Paterson Housing Market Trends

What is the housing market like in Downtown Paterson today?

In June 2024, Downtown Paterson home prices were down 39.2% compared to last year, selling for a median price of $365K.

$220K

Sale Price

$252

Sale $/Sq. Ft.

Under List Price

11.6%

Days on Market

154

Down Payment

—

Total Homes Sold

To compare other locations to the Downtown Paterson and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Paterson add value to a home.

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View houses in Downtown Paterson that sold recently

Recently sold homes

SOLD DEC 6, 2024
$695,000 Last Sold Price
—beds
—baths
—sq ft
151 Spring St, Paterson City, NJ 07501-2965
List Price
$635,000
Sale to List
9% over list
Days on Market
148 days
151 Spring St, Paterson City, NJ 07501-2965
SOLD DEC 3, 2024
$640,000 Last Sold Price
—beds
—baths
—sq ft
21 Elm St #3, Paterson City, NJ 07501-2697
List Price
$649,000
Sale to List
1% under list
Days on Market
153 days
21 Elm St #3, Paterson City, NJ 07501-2697
SOLD DEC 3, 2024
$640,000 Last Sold Price
6 beds
3 baths
—sq ft
21 Elm St, Paterson, NJ 07501
RE/MAX Trust Properties Outside Office
List Price
$649,000
Sale to List
1% under list
Days on Market
153 days
21 Elm St, Paterson, NJ 07501
SOLD NOV 15, 2024
$220,000
—beds
—baths
959 sq ft
18 Market St #102, Paterson, NJ 07501
List Price
—
Sale to List
—
Days on Market
—
18 Market St #102, Paterson, NJ 07501
SOLD OCT 29, 2024
$220,000 Last Sold Price
2 beds
1 bath
—sq ft
19 Market St #102, Paterson City, NJ 07501
List Price
$249,000
Sale to List
12% under list
Days on Market
119 days
19 Market St #102, Paterson City, NJ 07501
SOLD OCT 29, 2024
VIDEO TOUR
$220,000 Last Sold Price
2 beds
1 bath
—sq ft
19 Market St, Paterson, NJ 07501
JK Realty Outside Office
List Price
$249,000
Sale to List
12% under list
Days on Market
119 days
19 Market St, Paterson, NJ 07501
SOLD OCT 17, 2024
$750,000
—beds
—baths
2,496 sq ft
493 Main St, Paterson, NJ 07501
List Price
—
Sale to List
—
Days on Market
—
493 Main St, Paterson, NJ 07501
SOLD AUG 6, 2024
$615,000 Last Sold Price
6 beds
4 baths
—sq ft
52 Paterson St, Paterson, NJ 07501
Goyburu Realty LLC Outside Office
List Price
$649,000
Sale to List
5% under list
Days on Market
41 days
52 Paterson St, Paterson, NJ 07501
See all recently sold homes in Downtown Paterson.
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Schools in Downtown Paterson

Learn about schools in the Downtown Paterson area

Elementary
Middle
High

GreatSchools Rating

9/10 School 28 Public • PreK-8	466 Students	1 reviews
6/10 Norman S. Weir Elementary School Public • K-8	292 Students	3 reviews
4/10 School 2 Public • K-8	491 Students	2 reviews
3/10 Young Mens Academy Public • 3-8	73 Students	N/A
3/10 Rev. Dr. Frank Napier Jr. School Public • 1-8	548 Students	N/A

Only showing 5 of 8 elementary schools.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Downtown Paterson housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Downtown Paterson.

Flood Factor - Major

36% of properties are at risk of severe flooding over the next 30 years

Wind Factor - Major

100% of properties are at major risk of a severe wind event over the next 30 years

Heat Factor - Severe

77% of properties are at severe risk of heat over the next 30 years

Provided by First Street Foundation

Transportation in Downtown Paterson

Learn about the walkability, bikeability, and transit-friendliness of Downtown Paterson

89 / 100

Very Walkable

Walk Score®

58 / 100

Good Transit

Transit Score®

More real estate resources for Downtown Paterson

New Listings in Downtown Paterson

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