07501 Real Estate Market Overview

Could Paterson, NJ 07501 be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about 07501. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near 07501 such as Passa...ic and Clifton. When you’re ready, Trulia has 130 resale and new homes in 07501 lined up for you, including 6 open houses, and 161 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$165,000

Median Sales Price

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$80

Price Per Sqft

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$1,500

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in 07501 show a 10% year-over-year rise in median sales price and a 15% rise in median rent per month.

Median Sales Price
The median sales price for homes in 07501 for Mar 23 to Jun 22 was $165,000 based on 10 home sales.
Price Per Square Ft.
Average price per square foot for 07501 was $80, a decrease of -1% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in 07501 for May 23 to Jun 23 was $1,500.

Crime

Most frequent crimes in the past year

07501 has low crime relative to the rest of Passaic County.

Knowing more about crime activity in 07501 can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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2

Counts of Shooting

1

Count of Robbery


Best Schools in 07501

There are 15 schools in 07501.

Elementary Schools
7

Roberto Clemente Elementary School

Public, K - 4

6

Alexander Hamilton Academy

Public, K - 8

3

Number 29 Elementary School

Public, K - 4

Middle Schools
6

Alexander Hamilton Academy

Public, K - 8

2

New Roberto Clemente

Public, 6 - 8

2

Number 3 Elementary School

Public, K - 8

High Schools
1

Hs Hospitality, Tourism And Culinary Arts

Public, 9 - 12

1

High School Of Information Technology

Public, 9 - 12

1

Hs Government And Public Administration

Public, 9 - 12


Demographics

Get to know your neighbors in 07501 by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
33%
Single residents
Home owners
16%
Home owners
Median age
30
Median age
Household income
$27,863
Median household income
College educated
10%
College educated

Commute

Most people in 07501 commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
69% commute by car
0% commute by bike
24% commute by public transportation
5% commute by foot

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