Paterson, 07501 Real Estate Overview


  • Crime
  • Schools
  • Commute
  • Amenities
  • Affordability
  • Demographics
  • Hazards

Average Listing Price

  • $193,681
  • for week ending Nov 19
  • -$11,476
  • -5.6%
  • w-o-w

Median Sales Price

  • $130,000
  • Aug '14 - Nov '14
  • +$35,000
  • +36.8%
  • y-o-y

Average Listing Price $193,681 -5.6% w-o-w
Median Sales Price $130,000 +36.8% y-o-y
Average Price/sqft $60 -6.2% y-o-y
Number of Sales 15 -21.1 % y-o-y

Summary for Paterson, 07501


The median sales price for homes in ZIP code 07501 in Paterson from Aug 14 to Nov 14 was $130,000 based on 15 sales. Compared to the same period one year ago, the median sales price increased 36.8%, or $35,000, and the number of sales decreased 21.1%. Average price per square foot for homes in 07501 was $60, an increase of 3.4% compared to the same period last year. There are currently 119 resale and new homes in ZIP code 07501 on Trulia, including 281 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 07501 was $193,681 for the week ending Nov 19, which represents a decrease of 5.6%, or $11,476, compared to the prior week. Popular ZIP codes in Paterson include 07502 and 07514, with average listing prices of $191,514 and $159,107.


District Type Grades Schools Students
Paterson Public Schools Public PK - 12 45 24,848
Community Charter School Of Paterson Public K - 3 1
School Name School Type Grades Parent Rating
Edward W. Kilpatrick Elementary School Public K - 5
Alexander Hamilton Academy Public K - 8
Number 3 Elementary School Public K - 8
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Homes for Sale in 07501
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