Real Estate Overview for Paterson, 07503


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  • Commute
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  • Affordability
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Average Listing Price

  • $195,241
  • for week ending Aug 26
  • -$9,100
  • -4.5%
  • w-o-w

Median Sales Price

  • $195,000
  • May '15 - Aug '15
  • +$14,500
  • +8.0%
  • y-o-y

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Most popular zip codes Avg. listing Price
Week ending Aug 26
w-o-w
07501 $172,100 +0.1%
07502 $192,220 +1.3%
07522 $138,350 +5.9%
07514 $171,956 -0.8%
07504 $201,587 +2.7%
Movers & Shakers Avg. listing price
Week ending Aug 26
w-o-w
07522 $138,350 +5.9%
07508 $396,749 +5.0%
07524 $155,969 -4.6%
07503 $195,241 -4.5%
07504 $201,587 +2.7%
View Paterson Home Prices Map

Summary for Paterson, 07503


The median sales price for homes in ZIP code 07503 in Paterson from May 15 to Aug 15 was $195,000 based on 3 sales. Compared to the same period one year ago, the median sales price increased 8%, or $14,500, and the number of sales decreased 88.5%. Average price per square foot for homes in 07503 was $116, an increase of 17.2% compared to the same period last year. There are currently 55 resale and new homes in ZIP code 07503 on Trulia, including 181 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 07503 was $195,241 for the week ending Aug 26, which represents a decrease of 4.5%, or $9,100, compared to the prior week. Popular ZIP codes in Paterson include 07501 and 07502, with average listing prices of $172,100 and $192,220.


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
Number 25 Elementary School Public K - 8
Number 9 Elementary School Public K - 8
Number 8 Elementary School Public K - 8
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Homes for Sale in 07503
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