Paterson, Passaic County, NJ Housing Trends, Rent, Price-to-Rent

Market Summary

Paterson, Passaic County, NJ

Median Home Price Price

$508,067 $508.1K

Median Monthly Rent Rent

$1,951 $2K

GRM

22.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Paterson, NJ is $1,951, with MoM change +$23 and YoY change +$185 pointing to positive momentum while volatility is low (std $48).

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Metric

Base market Paterson, NJ

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Delta vs base

Median rent

$1,951

N/A

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Median price

$508,067

N/A

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YoY change

+$185

N/A

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Price-to-rent

21.7x

Data unavailable

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