Paterson, NJ Real Estate Prices per Square Foot

Buy prices, rent prices, historical development and submitted values for Paterson, NJ.

Average buy price
$332.00 / sqft

Typical residential purchase price per square foot.

Average rent
$2.72 / sqft / month

Monthly rent per square foot.

Median home price
$592,146

Estimated median residential sale price.

Median monthly rent
$2,200

Estimated median rent for the city.

Historical price development

Buy price development

Buy prices have increased by about 45.9% over the last 5 years.

Rent price development

Rent prices have decreased by about 3.6% over the last 5 years.

Submitted values in Paterson

This table includes recent submitted values and individual historical comparable values, so the local price development is easier to compare.

Date Type Property Price / sqft Size Total Area
2026-07-05 Rent apartment $2.95 / sqft 700 sqft $2,065 Little Lima 07501
2026-07-04 Buy duplex $304.20 / sqft 2,700 sqft $821,340 Eastside 07514
2026-07-04 Rent multi-family home $1.95 / sqft 2,200 sqft $4,290 Wrigley Park 07504
2026-07-03 Buy multi-family home $274.60 / sqft 3,920 sqft $1,076,432 Peoples Park 07513
2026-06-30 Rent apartment $2.72 / sqft 960 sqft $2,611 Sandy Hill 07513
2026-06-30 Buy duplex $315.60 / sqft 2,380 sqft $751,128 South Paterson 07503
2026-06-29 Buy single-family home $341.20 / sqft 1,575 sqft $537,390 Eastside 07514
2026-06-26 Rent single-family home $1.85 / sqft 2,380 sqft $4,403 Eastside 07514
2026-06-25 Buy duplex $296.40 / sqft 2,465 sqft $730,626 Downtown Paterson 07501
2026-06-23 Buy duplex $294.80 / sqft 2,520 sqft $742,896 Peoples Park 07513
2026-06-21 Rent apartment $3.45 / sqft 590 sqft $2,036 Downtown Paterson 07505
2026-06-21 Rent apartment $3.05 / sqft 620 sqft $1,891 Downtown Paterson 07501
2026-06-19 Rent duplex $2.18 / sqft 1,375 sqft $2,998 Wrigley Park 07504
2026-06-19 Buy single-family home $301.70 / sqft 1,740 sqft $524,958 Northside 07522
2026-06-13 Rent apartment $2.65 / sqft 890 sqft $2,359 Northside 07522
2026-06-13 Rent apartment $3.35 / sqft 510 sqft $1,709 Downtown Paterson 07501
2026-06-12 Rent townhouse $2.32 / sqft 1,505 sqft $3,492 Hillcrest 07502
2026-06-05 Rent multi-family home $2.05 / sqft 1,950 sqft $3,998 Northside 07522
2026-06-05 Buy condo $318.20 / sqft 1,040 sqft $330,928 Lakeview 07503
2026-06-03 Buy multi-family home $285.90 / sqft 3,500 sqft $1,000,650 Sandy Hill 07513
2026-05-31 Buy single-family home $361.90 / sqft 1,510 sqft $546,469 South Paterson 07503
2026-05-29 Buy multi-family home $247.80 / sqft 4,450 sqft $1,102,710 Northside 07522
2026-05-27 Rent apartment $2.55 / sqft 870 sqft $2,219 Sandy Hill 07513
2026-05-25 Rent duplex $2.42 / sqft 1,280 sqft $3,098 Peoples Park 07513
2026-05-25 Rent loft $3.25 / sqft 780 sqft $2,535 Old Great Falls Historic District 07505
2026-05-22 Buy loft $369.50 / sqft 980 sqft $362,110 Old Great Falls Historic District 07505
2026-05-20 Rent condo $3.10 / sqft 815 sqft $2,527 Lakeview 07503
2026-05-19 Rent condo $2.88 / sqft 870 sqft $2,506 Totowa Section 07502
2026-05-19 Buy single-family home $287.40 / sqft 1,680 sqft $482,832 Wrigley Park 07504
2026-05-18 Rent luxury apartment $3.55 / sqft 680 sqft $2,414 Riverside 07524
2026-05-13 Rent luxury apartment $3.70 / sqft 735 sqft $2,720 Riverside 07524
2026-05-12 Buy condo $329.70 / sqft 880 sqft $290,136 Little Lima 07501
2026-05-11 Rent townhouse $2.28 / sqft 1,710 sqft $3,899 South Paterson 07503
2026-05-07 Buy single-family home $338.90 / sqft 1,625 sqft $550,713 Eastside 07514
2026-05-05 Buy condo $337.60 / sqft 910 sqft $307,216 Old Great Falls Historic District 07505
2026-05-01 Buy single-family home $312.60 / sqft 1,800 sqft $562,680 Riverside 07524
2026-05-01 Buy single-family home $382.40 / sqft 1,390 sqft $531,536 Totowa Section 07502
2026-04-29 Rent townhouse $2.20 / sqft 1,600 sqft $3,520 South Paterson 07503
2026-04-26 Rent luxury apartment $4.05 / sqft 560 sqft $2,268 Downtown Paterson 07505
2026-04-24 Rent condo $2.90 / sqft 930 sqft $2,697 Hillcrest 07502
2026-04-23 Rent apartment $2.75 / sqft 840 sqft $2,310 Riverside 07524
2026-04-23 Buy multi-family home $264.30 / sqft 4,300 sqft $1,136,490 Wrigley Park 07504
2026-04-23 Buy multi-family home $278.40 / sqft 3,800 sqft $1,057,920 Riverside 07524
2026-04-17 Buy townhouse $347.80 / sqft 1,250 sqft $434,750 Riverside 07524
2026-04-15 Buy townhouse $333.30 / sqft 1,425 sqft $474,953 Hillcrest 07502
2026-04-14 Buy loft $352.10 / sqft 1,125 sqft $396,113 Old Great Falls Historic District 07505
2026-04-13 Rent duplex $2.35 / sqft 1,420 sqft $3,337 Northside 07522
2026-04-08 Buy townhouse $322.50 / sqft 1,360 sqft $438,600 Downtown Paterson 07501
2026-04-06 Rent single-family home $2.05 / sqft 1,860 sqft $3,813 Eastside 07514
2026-04-06 Buy single-family home $365.20 / sqft 1,480 sqft $540,496 Hillcrest 07502
2026-03-15 Rent apartment $2.65 / sqft / month 900 sqft $2,385 Sandy Hill 07513
2026-02-26 Buy single-family home $348.60 / sqft 1,585 sqft $552,531 Eastside 07514
2025-08-19 Rent luxury apartment $3.25 / sqft / month 760 sqft $2,470 Riverside 07524
2025-04-10 Buy condo $334.20 / sqft 1,020 sqft $340,884 Old Great Falls Historic District 07505
2024-11-02 Rent single-family home $2.28 / sqft / month 1,700 sqft $3,876 South Paterson 07503
2024-05-23 Buy townhouse $308.80 / sqft 1,320 sqft $407,616 Hillcrest 07502
2023-09-14 Rent apartment $2.42 / sqft / month 820 sqft $1,984 Downtown Paterson 07501
2023-03-29 Buy multi-family home $286.75 / sqft 3,600 sqft $1,032,300 Riverside 07524
2022-08-20 Rent duplex $2.15 / sqft / month 1,380 sqft $2,967 Northside 07522
2022-04-18 Buy single-family home $266.40 / sqft 1,500 sqft $399,600 Eastside 07514
2021-12-01 Rent luxury apartment $2.75 / sqft / month 690 sqft $1,898 Old Great Falls Historic District 07505
2021-05-05 Buy duplex $238.90 / sqft 2,600 sqft $621,140 Peoples Park 07513
2020-10-11 Rent apartment $2.05 / sqft / month 725 sqft $1,486 Sandy Hill 07513
2020-07-21 Buy single-family home $222.60 / sqft 1,580 sqft $351,708 Lakeview 07503
2019-11-18 Rent townhouse $1.78 / sqft / month 1,450 sqft $2,581 Hillcrest 07502
2019-04-02 Buy condo $205.30 / sqft 980 sqft $201,194 Eastside 07514
2018-09-09 Rent apartment $1.85 / sqft / month 830 sqft $1,536 Wrigley Park 07504
2018-06-28 Buy multi-family home $194.80 / sqft 3,550 sqft $691,540 Riverside 07524
2017-10-06 Rent duplex $1.58 / sqft / month 1,300 sqft $2,054 South Paterson 07503
2017-03-24 Buy duplex $181.40 / sqft 2,480 sqft $449,872 Northside 07522
2016-12-13 Rent apartment $1.70 / sqft / month 700 sqft $1,190 Old Great Falls Historic District 07505
2016-05-31 Buy single-family home $171.25 / sqft 1,500 sqft $256,875 Totowa Section 07502
2015-07-17 Rent single-family home $1.36 / sqft / month 1,650 sqft $2,244 Eastside 07514
2015-04-22 Buy townhouse $158.60 / sqft 1,280 sqft $203,008 Downtown Paterson 07501
2014-11-08 Rent condo $1.62 / sqft / month 850 sqft $1,377 Hillcrest 07502
2014-06-04 Buy multi-family home $142.20 / sqft 3,700 sqft $526,140 Peoples Park 07513
2013-09-30 Rent apartment $1.49 / sqft / month 760 sqft $1,132 Riverside 07524
2013-02-14 Buy single-family home $137.80 / sqft 1,440 sqft $198,432 Lakeview 07503
2012-10-23 Rent apartment $1.33 / sqft / month 810 sqft $1,077 Northside 07522
2012-05-09 Buy duplex $126.70 / sqft 2,350 sqft $297,745 Wrigley Park 07504
2011-08-27 Rent duplex $1.18 / sqft / month 1,250 sqft $1,475 Sandy Hill 07513
2011-06-16 Buy condo $104.90 / sqft 920 sqft $96,508 Downtown Paterson 07505
2010-12-04 Rent townhouse $1.25 / sqft / month 1,400 sqft $1,750 Totowa Section 07502
2010-03-20 Buy single-family home $118.40 / sqft 1,525 sqft $180,560 Eastside 07514
2009-09-12 Rent apartment $1.21 / sqft / month 690 sqft $835 Little Lima 07501
2009-04-28 Buy multi-family home $111.80 / sqft 3,400 sqft $380,120 Riverside 07524
2008-11-19 Rent condo $1.42 / sqft / month 820 sqft $1,164 South Paterson 07503
2008-05-06 Buy single-family home $132.60 / sqft 1,360 sqft $180,336 Northside 07522
2007-08-15 Rent apartment $1.31 / sqft / month 740 sqft $969 Wrigley Park 07504
2007-06-26 Buy duplex $156.50 / sqft 2,600 sqft $406,900 Peoples Park 07513
2006-10-03 Rent duplex $1.29 / sqft / month 1,320 sqft $1,703 Eastside 07514
2006-04-19 Buy townhouse $168.20 / sqft 1,220 sqft $205,204 Downtown Paterson 07501
2005-12-10 Rent luxury apartment $1.55 / sqft / month 680 sqft $1,054 Old Great Falls Historic District 07505
2005-07-07 Buy single-family home $151.40 / sqft 1,500 sqft $227,100 Hillcrest 07502
2004-09-18 Rent apartment $1.22 / sqft / month 880 sqft $1,074 Lakeview 07503
2004-03-15 Buy multi-family home $128.75 / sqft 3,600 sqft $463,500 Riverside 07524
2003-11-21 Rent apartment $1.16 / sqft / month 770 sqft $893 Sandy Hill 07513
2003-06-13 Buy duplex $116.30 / sqft 2,400 sqft $279,120 Wrigley Park 07504
2002-10-08 Rent townhouse $1.08 / sqft / month 1,380 sqft $1,490 Hillcrest 07502
2002-04-25 Buy single-family home $104.50 / sqft 1,420 sqft $148,390 Eastside 07514
2001-09-29 Rent duplex $0.96 / sqft / month 1,250 sqft $1,200 Northside 07522
2001-05-17 Buy condo $92.10 / sqft 900 sqft $82,890 South Paterson 07503
2000-12-02 Rent apartment $1.03 / sqft / month 620 sqft $639 Downtown Paterson 07501
2000-03-28 Buy multi-family home $72.25 / sqft 3,300 sqft $238,425 Peoples Park 07513
1999-10-14 Rent apartment $0.88 / sqft / month 850 sqft $748 Riverside 07524
1999-06-09 Buy single-family home $75.60 / sqft 1,550 sqft $117,180 Totowa Section 07502
1998-11-05 Rent condo $0.95 / sqft / month 700 sqft $665 Downtown Paterson 07505
1998-04-11 Buy duplex $59.80 / sqft 2,450 sqft $146,510 Northside 07522
1997-08-19 Rent single-family home $0.72 / sqft / month 1,600 sqft $1,152 Eastside 07514
1997-05-30 Buy townhouse $68.40 / sqft 1,160 sqft $79,344 Lakeview 07503
1996-09-24 Rent apartment $0.80 / sqft / month 780 sqft $624 Little Lima 07501
1996-07-02 Buy single-family home $61.30 / sqft 1,280 sqft $78,464 Hillcrest 07502
1995-12-16 Rent duplex $0.71 / sqft / month 1,150 sqft $817 Wrigley Park 07504
1995-04-07 Buy multi-family home $46.90 / sqft 3,100 sqft $145,390 Eastside 07514
1994-10-27 Rent apartment $0.74 / sqft / month 640 sqft $474 Sandy Hill 07513
1994-06-18 Buy condo $55.20 / sqft 860 sqft $47,472 Old Great Falls Historic District 07505
1993-11-12 Rent townhouse $0.62 / sqft / month 1,320 sqft $818 South Paterson 07503
1993-03-22 Buy duplex $42.75 / sqft 2,200 sqft $94,050 Riverside 07524
1992-09-03 Rent apartment $0.68 / sqft / month 720 sqft $490 Downtown Paterson 07501
1992-05-14 Buy single-family home $48.50 / sqft 1,450 sqft $70,325 Northside 07522

Housing market overview for Paterson, NJ

The real estate market in Paterson, NJ can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $332.00 / sqft and an average rent of $2.72 / sqft / month.

Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.

The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.

Frequently asked questions

What is the average home price per square foot in Paterson?

The average residential buy price in Paterson, NJ is $332.00 / sqft based on the current values available on this page.

How much is rent per square foot in Paterson?

The average rental price in Paterson, NJ is $2.72 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.

Are property prices in Paterson increasing?

Buy prices have increased by about 45.9% over the last 5 years. Rent prices have decreased by about 3.6% over the last 5 years. These 5-year trends are based on the available individual historical comparable values.