01Search in Paterson, NJ
Paterson, NJ homes for sale & real estate.
Browse homes for sale in Paterson, New Jersey. Paterson, The Passaic County seat and one of New Jersey's largest and most historic cities, founded in 1792 as America's first planned industrial city around the Great Falls, offering the county's most attainable homes, a deep multi-family stock, and vibrant, diverse neighborhoods pairs the county's most attainable prices, deep multi-family stock, and a historic, vibrant setting with an appealing Passaic County lifestyle. Its housing is the county's most attainable and includes a deep stock of two- to four-family homes alongside historic single-family houses, converted mill lofts near the Great Falls, and condos, in a dense, diverse city grid.
Paterson is framed by Route 19, Route 20, Route 80, and Route 4, with the Garden State Parkway and the George Washington Bridge within a short drive, with strong regional access. Paterson is served by NJ Transit rail on the Main and Bergen County lines with service toward Hoboken and Secaucus, plus extensive bus service to the Port Authority in Manhattan. Prices reflect the town's appeal: condos and smaller homes begin in the $200s to $350s, most single-family and two- to four-family homes run in the $350s to $550s, and larger or renovated multi-family buildings climb past $600,000.
Updated Spring 2026
Search Paterson listings, updated in real time.
Explore the latest homes for sale in Paterson, NJ, updated in real time so you see accurate availability and pricing across the historic districts near the Great Falls and downtown, the diverse neighborhoods from the Eastside to the South Paterson Middle Eastern district, and the residential areas near Garret Mountain.
Paterson is served by the Paterson Public Schools, with St. Joseph's University Medical Center in Paterson and quick regional access. Because well-located Paterson homes draw steady interest, call 888-327-6555 for a same-week showing or to be alerted the moment a home hits the market.
Inventory in Paterson spans a real range, from two- to four-family homes, historic single-family houses, converted mill lofts, and condos, at the county's most attainable prices. Knowing which neighborhood and price tier fit your commute and budget before you tour will save time in a market where the best homes move quickly.
7 Properties Available In Paterson
- 1/26 26
4 Beds 1.5 Baths$399,999Price Dropped by $25K - 1/41 41
1.5 Baths 6,000 SqFt$599,999Active-Attorney Review - 1/13 13
4 Beds 1 Bath 979 SqFt$519,900Under Contract263 Richmond AVE #265, Paterson, NJ 07502
Listed by KELLER WILLIAMS ELITE REALTORS
Single Family Home
- 1/6 6
2 Beds 1 Bath$265,000Pending - 1/22 22
2 Beds 1 Bath 1,207 SqFt$360,000Under Contract - 1/14 14
$3,600,000Price Dropped by $350K - 1/3 3
2,774 SqFt$500,000Under Contract
explore listings in Paterson
02Explore Communities & Market
Explore Paterson and nearby Passaic communities.
Paterson offers a distinct place within Passaic County, and where you buy within it shapes your daily life, commute, and taxes. First-time and value buyers gravitate to Paterson for the county's most attainable homes, investors and owner-occupants look to its deep stock of two- to four-family buildings for rental income, and buyers drawn to history and diversity choose the neighborhoods near the Great Falls and South Paterson. Compare Paterson with its Passaic County neighbors below before you choose.
Paterson's character is historic, dense, and diverse. The Passaic County seat and one of New Jersey's largest cities, it was founded in 1792 as America's first planned industrial city, powered by the 77-foot Great Falls of the Passaic River, now a National Historical Park. Today Paterson is a vibrant, diverse city with a rich immigrant heritage, a famous South Paterson Middle Eastern district, converted mill lofts, and the county's deepest stock of attainable and multi-family housing.
Compared with the rest of Passaic County, Paterson offers by far the most attainable prices, the deepest multi-family stock, and a historic, vibrant urban setting. Buyers cross-shop Paterson against Passaic and parts of Clifton for value and multi-family, and against the suburbs when they want a house rather than income property. Its affordability, its multi-family inventory, and its history and diversity are the draws that set it apart.
Buyers should understand that Paterson is overwhelmingly a multi-family and value market, so many purchases are two- to four-family buildings or homes needing work rather than turnkey suburban houses, which makes verifying legal unit counts, certificates of occupancy, condition, and any rental income central to a Paterson purchase.
Because Paterson is a large city where condition, price, and character vary significantly by neighborhood, from the historic districts near the Great Falls to South Paterson to the areas near Garret Mountain, buyers should do careful neighborhood-level research and tour in person, since these differences drive both value and daily life.
Life, commute, and work-life balance in Paterson.
Paterson draws value buyers, investors, and those who want a vibrant, historic city at the county's lowest prices. A resident can own a home or multi-family building for well below the county median, walk diverse neighborhoods with famous food, visit the Great Falls, and commute by NJ Transit rail or bus, all at prices unmatched elsewhere in Passaic County.
The work-life balance in Paterson leans on affordability, transit, and community. The city's low prices make homeownership and investment attainable, its rail and buses provide a New York commute, and its diverse neighborhoods and food scene give it a rich urban life. For buyers priced out of the suburbs or seeking rental income, Paterson offers a genuine, affordable urban foothold.
The trade-offs reflect Paterson's urban character and challenges: it is a dense, older city with variation in condition and safety by neighborhood, its schools are a large urban district, and its housing skews to multi-family. Buyers who prioritize affordability, multi-family income, and the vibrant setting accept those trade-offs and do their neighborhood homework, while those wanting suburban space look west. Either way, value and inventory keep Paterson active.
A defining feature of Paterson is its extraordinary history and diversity: as America's first planned industrial city around the Great Falls and a longtime gateway for immigrants, it offers a depth of history, culture, and famous food that is genuinely unique in the region, and that character, paired with the county's most attainable prices, is a big part of its appeal. For investors and owner-occupants, Paterson's deep multi-family stock and its low acquisition prices, paired with steady rental demand from a dense population and transit access, make it one of the county's most active markets for two- to four-family buildings, whether to generate income or to offset a mortgage.
The Great Falls National Historical Park anchors Paterson's identity and its ongoing revitalization, drawing visitors and investment to the historic mill district, and converted mill lofts near the falls offer a distinctive, often attainable housing option with genuine historic character.
Over the long term, Paterson's combination of the county's most attainable prices, a deep multi-family stock, transit access, and a historic, revitalizing core gives it a durable, value- and investor-driven market, and buyers who do careful neighborhood and property due diligence can find genuine opportunity in the county seat.
Search Paterson homes by price.
Jump to a price range or property type that fits your search, browse the Paterson area guide, or check current open houses. Every link below is a live page.
Browse Passaic County towns & neighborhoods.
Explore our town-by-town guides near Paterson and across Passaic County. Each guide covers local neighborhoods, schools, commute options, and current listings.
Paterson open houses.
Browse upcoming open houses in Paterson, or register for weekly alerts. Call 888-327-6555 to schedule a private showing any day of the week.
Homes for sale by property type.
Explore every type of home in and around Paterson through our Passaic County property pages: single-family homes, urban, suburban, and Highlands homes, townhomes and condos, new construction, 55+ active-adult communities, and multi-family investment properties.
The Paterson market, by the numbers.
The median list price in Paterson, NJ is currently $340K, about $254 per square foot. Homes here average 89 days on market with roughly 109 active listings. Updated Spring 2026.
Paterson's market offers the most attainable prices in Passaic County, with a deep stock of two- to four-family homes and historic houses drawing value buyers and investors to the vibrant county seat.
Updated Spring 2026
Within Paterson, larger or renovated multi-family buildings command the highest prices, while condos and smaller homes offer the county's most attainable entry points. Because so much of the city is multi-family and conditions vary by neighborhood, comparing the specific property and its income and location matters as much as the citywide median. Call 888-327-6555 for a street-by-street breakdown.
Why buy a home in Paterson.
- The county's most attainable pricesPaterson offers by far the lowest prices in Passaic County, a genuine foothold for first-time and value buyers and investors.
- Deep multi-family stockA large supply of two- to four-family homes makes Paterson a magnet for investors and owner-occupants seeking rental income.
- Historic, vibrant settingAmerica's first planned industrial city offers the Great Falls, a rich immigrant heritage, and famous food, a genuinely unique urban character.
- Transit accessNJ Transit rail on two lines and extensive buses to the Port Authority keep New York within reach.
- Revitalizing coreThe Great Falls National Historical Park anchors ongoing investment and converted mill lofts near the historic district.
Amenities & community overview.
Beyond the numbers, daily life in Paterson centers on the Great Falls National Historical Park, the historic mill district, the famous South Paterson food scene, and the city's vibrant, diverse neighborhoods.
- Browse all homes for sale in Paterson or explore the wider Passaic County market.
- Compare Paterson neighborhoods and home styles before choosing, from attainable options to its premier properties.
- Weigh your commute: Route 19, Route 20, Route 80, and Route 4, with the Garden State Parkway and the George Washington Bridge within a short drive, plus paterson is served by NJ Transit rail on the Main and Bergen County lines with service toward Hoboken and Secaucus, plus extensive bus service to the Port Authority in Manhattan.
- Explore the Great Falls National Historical Park, the historic mill district, and the diverse South Paterson and downtown neighborhoods, with parks, dining, and rail access nearby.
- Call 888-327-6555 for a live, neighborhood-by-neighborhood market update in Paterson.
Paterson's community life runs on history and diversity: the dramatic Great Falls National Historical Park, the mills and museums of America's first industrial city, the renowned Middle Eastern and Latino food of South Paterson and downtown, and a rich immigrant heritage. For buyers weighing whether Paterson fits their life and budget, a visit to the Great Falls followed by a meal in South Paterson tells the story better than any listing can, and at the county's most attainable prices.
Resources for buyers & sellers.
Local and county government, schools, healthcare, transportation, parks, and financial assistance relevant to Paterson, NJ buyers and sellers, every link verified and described below.
First-time home buyer programs near Paterson.
First-time buyer in Paterson or Passaic County, NJ? The New Jersey Dream Homeownership Program from NJHMFA helps eligible buyers with affordable financing, down payment and closing-cost assistance, and homebuyer education. Special options are available for military members, public safety professionals, educators, and healthcare workers.
03Connect for Answers
Frequently asked questions.
What is the average home price in Paterson, NJ?
As of Summer 2026 the median list price in Paterson is about $340K, by far the most attainable in Passaic County, with homes averaging around 89 days on market and about 109 active listings. Call 888-327-6555 for a neighborhood update.
Why do buyers move to Paterson?
The top draws are affordability, multi-family inventory, and the vibrant setting. Paterson offers the county's lowest prices, a deep stock of two- to four-family homes, transit, and a historic, diverse city around the Great Falls.
How are the schools in Paterson, NJ?
Paterson is served by the Paterson Public Schools, a large urban district with comprehensive and magnet high schools including John F. Kennedy and Eastside.
How is the commute from Paterson to New York City?
Paterson offers NJ Transit rail on the Main and Bergen County lines toward Hoboken and Secaucus with connections to New York, plus extensive buses to the Port Authority.
Are there multi-family homes for sale in Paterson?
Yes. Paterson has the county's deepest stock of two- to four-family homes, popular with owner-occupants who want a tenant to offset the mortgage and with investors seeking rental income at attainable prices.
What kinds of homes are for sale in Paterson?
A mix of two- to four-family homes, historic single-family houses, converted mill lofts near the Great Falls, and condos, at the county's most attainable prices.
What is Paterson known for?
Paterson is known as America's first planned industrial city, founded in 1792 around the 77-foot Great Falls of the Passaic River, now a National Historical Park, and for its rich immigrant heritage and famous South Paterson food scene.
How much are property taxes in Paterson, NJ?
Property taxes are based on the city's rate and the home's assessed value, and rental income from a multi-family can help offset costs. The NJ Division of Taxation resource on this page covers rates and appeals.
Is Paterson a good place for investors?
Yes. Paterson's attainable prices, deep multi-family stock, and steady rental demand from a dense, transit-served population make it one of the county's most active investment markets. Results depend on the property and neighborhood.
Is the Paterson housing market competitive?
Well-priced homes and multi-family buildings draw steady demand from value buyers and investors, though the market moves at a steadier pace than the suburbs, and condition and neighborhood vary, so due diligence matters.
What is there to do in Paterson?
Daily life centers on the Great Falls National Historical Park, the historic mill district and museums, the famous Middle Eastern and Latino food of South Paterson and downtown, and Garret Mountain nearby.
What towns border Paterson?
Paterson borders Clifton and Passaic to the south, Hawthorne and Haledon to the north, Totowa and Woodland Park to the west, and Elmwood Park in Bergen County to the east. Buyers often cross-shop Passaic and Clifton.
Can Four Point Realty help me buy or sell a home in Paterson?
Yes. Naveen Sharma and the Four Point Realty team help buyers, sellers, and investors across Paterson, including its multi-family homes, with a listing fee starting at 1%*. Call 888-327-6555 or request a free home value estimate to start.
Why choose Four Point Realty for your search.
Buying or selling a home is one of the biggest financial decisions you will make. Four Point Realty is a trusted NJ real estate resource led by Naveen Sharma, offering current listings, strong local market knowledge, and honest insights from the first showing to the closing table. Call 888-327-6555 today.
Naveen Sharma
Ready to buy? Work directly with Naveen, whether you're buying your first home, relocating, investing, or moving up to a larger house, we guide you every step of the way.
Thinking about selling? Our listing fee starts at 1%*, giving homeowners full-service representation while saving thousands in commission.
Listing fee starting at 1%*. Buyer agent compensation is separate and negotiated per transaction. Naveen Sharma is licensed in NJ & GA. Four Point Realty LLC is licensed in NJ, NY & GA.
Connect with our team βGaurav Sharma
Broker of Record (NY). Licensed in NJ, NY & GA. Gaurav leads the Four Point Realty agent team and guides clients through pricing, negotiation, and closing, keeping every transaction smooth, transparent, and on schedule. My goal is always to help you make smart decisions by providing market insights, expert negotiation, and personalized guidance.
*Listing commission starting at 1% of the sale price; terms and conditions apply. Contact Four Point Realty for full details. Four Point Realty is licensed in New Jersey, New York and Georgia. Equal Housing Opportunity. Β© Four Point Realty LLC.