Lakeview · South Paterson
Data as of February 2026. Source: Realtor.com.
The PATERSON, NJ real estate market (07503) currently shows 6 active listings, with 3 pending sales. Homes are averaging 111 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 111 days on market compared to 21 days last year.
The median listing price has fallen 46.2% year-over-year, from $455,750 to $245,000.
Whether you are buying or selling in PATERSON, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 19,625 · Density: 4,899.8/mi² · Median household income: $60,431
Typical home value: $314,032 · Homeownership: 28.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 07503 | Paterson, NJ 07503 | 0.0 mi | 6 | $2,151,000 | $335,000 | $358,500 |
| 07504 | Paterson, NJ 07504 | 1.2 mi | 11 | $5,836,600 | $524,500 | $530,600 |
| 07501 | Paterson, NJ 07501 | 1.4 mi | 18 | $6,866,586 | $395,000 | $381,477 |
| 07407 | Elmwood Park, NJ 07407 | 1.8 mi | 21 | $13,423,452 | $590,000 | $639,212 |
| 07013 | Clifton, NJ 07013 | 2.2 mi | 45 | $29,457,945 | $594,000 | $654,621 |
| 07524 | Paterson, NJ 07524 | 2.4 mi | 2 | $665,000 | $332,500 | $332,500 |
| 07026 | Garfield, NJ 07026 | 2.7 mi | 18 | $9,846,000 | $578,500 | $547,000 |
| 07663 | Saddle Brook, NJ 07663 | 3.1 mi | 14 | $8,024,044 | $575,000 | $573,146 |
| 07410 | Fair Lawn, NJ 07410 | 3.2 mi | 30 | $23,205,090 | $750,000 | $773,503 |
| 07512 | Totowa, NJ 07512 | 3.6 mi | 22 | $24,190,738 | $836,950 | $1,099,579 |
| 07662 | Rochelle Park, NJ 07662 | 3.9 mi | 6 | $3,951,600 | $679,000 | $658,600 |
| 07506 | Hawthorne, NJ 07506 | 4.2 mi | 21 | $14,411,544 | $634,999 | $686,264 |
| 07043 | Montclair, NJ 07043 | 4.4 mi | 10 | $22,390,000 | $1,100,000 | $2,239,000 |
As of February 2026, there are 6 active listings in PATERSON, NJ (zip code 07503), compared to 8 the prior year.
The median listing price in PATERSON, NJ 07503 is $245,000 as of February 2026, a 46.2% decrease from $455,750 the prior year.
Homes in PATERSON, NJ 07503 spend an average of 111 days on the market before going under contract, compared to 21 days the prior year.
Based on current inventory and days-on-market data as of February 2026, PATERSON, NJ 07503 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 111 days on market compared to 21 days last year.
With SELL123.com's maximum 3% commission, sellers in PATERSON, NJ 07503 save an estimated $4,900 compared to a typical 5% commission on the median listing price of $245,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.