Paterson, 07501 Real Estate Overview


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

Average Listing Price

  • $210,247
  • for week ending Sep 10
  • +$3,124
  • +1.5%
  • w-o-w

Median Sales Price

  • $107,000
  • Jun '14 - Sep '14
  • $40,775
  • -27.6%
  • y-o-y

Average Listing Price $210,247 +1.5% w-o-w
Median Sales Price $107,000 -27.6% y-o-y
Average Price/sqft $55 -20.3% y-o-y
Number of Sales 17 -15.0 % y-o-y

Summary for Paterson, 07501


The median sales price for homes in ZIP code 07501 in Paterson from Jun 14 to Sep 14 was $107,000 based on 17 sales. Compared to the same period one year ago, the median sales price decreased 27.6%, or $40,775, and the number of sales decreased 15%. Average price per square foot for homes in 07501 was $55, a decrease of 9.8% compared to the same period last year. There are currently 101 resale and new homes in ZIP code 07501 on Trulia, including 4 open houses, as well as 258 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 $210,247 for the week ending Sep 10, which represents an increase of 1.5%, or $3,124, compared to the prior week. Popular ZIP codes in Paterson include 07502 and 07504, with average listing prices of $194,744 and $259,139.


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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