Passaic County, NJ Real Estate & Property Data

Passaic County Real Estate Market Trends
Last Updated: April 30, 2024

With up-to-date real estate data get detailed insight into Passaic County, NJ sourced from the nation’s leading property data provider. The current median home price in Passaic County, NJ is $517,500. Passaic County real estate data shows that there have been a total of 4,268 residential properties sold over the past 12 months. ATTOM’s Passaic County real estate data indicates that the county has 57 properties in foreclosure and 2 REOs (real estate bank owned) properties.

Passaic County Real Estate Market Trends
Total Residential Properties 109,364
Total Commercial Properties 8,061
Avg. Home Age (Single Family Home) 70 Years
Avg. Square Feet (Single Family Home) 1,898
Total 2024 Residential Sales (year-to-date) 854
% of Homes Seriously Underwater (Q2 2024) 0.74%
Total 2023 Residential Sales 4,013
% of Equity Rich Homes (Q2 2024) 46.58%
Effective 2023 Property Tax 1.96%
Total Foreclosure Filings (year-to-date) 172
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Passaic County, NJ Real Estate Overview

There were 4,268 residential properties sold in the past year in Passaic County, NJ. The median home value in Passaic County, NJ is $517,600. There are a total of 109,364 residential properties in the Passaic.

Median Sales Price i
$517,500
(Mar 2024)
+7.8%
year-over-year
y-o-y
  • March '24 Mar '24 $517,500
  • February '24 Feb '24 $520,000
  • January '24 Jan '24 $515,000
  • December '23 Dec '23 $515,000
  • November '23 Nov '23 $525,000
  • October '23 Oct '23 $527,638
  • September '23 Sep '23 $525,000
  • August '23 Aug '23 $526,500
  • July '23 Jul '23 $510,000
  • June '23 Jun '23 $500,000
  • May '23 May '23 $490,000
  • April '23 Apr '23 $485,000
Median Down Payment i
$65,500
(Mar 2024)
-5.1%
year-over-year
y-o-y
  • March '24 Mar '24 $65,500
  • February '24 Feb '24 $60,487
  • January '24 Jan '24 $84,500
  • December '23 Dec '23 $83,600
  • November '23 Nov '23 $65,750
  • October '23 Oct '23 $71,000
  • September '23 Sep '23 $79,000
  • August '23 Aug '23 $70,000
  • July '23 Jul '23 $70,000
  • June '23 Jun '23 $72,250
  • May '23 May '23 $56,250
  • April '23 Apr '23 $55,521
Number of Homes Sold i
215
(Mar 2024)
-41.1%
year-over-year
y-o-y
  • March '24 Mar '24 215
  • February '24 Feb '24 286
  • January '24 Jan '24 353
  • December '23 Dec '23 276
  • November '23 Nov '23 299
  • October '23 Oct '23 413
  • September '23 Sep '23 352
  • August '23 Aug '23 375
  • July '23 Jul '23 349
  • June '23 Jun '23 351
  • May '23 May '23 345
  • April '23 Apr '23 289
Number of Purchase Loans i
169
(Mar 2024)
-37.2%
year-over-year
y-o-y
  • March '24 Mar '24 169
  • February '24 Feb '24 221
  • January '24 Jan '24 222
  • December '23 Dec '23 203
  • November '23 Nov '23 231
  • October '23 Oct '23 321
  • September '23 Sep '23 276
  • August '23 Aug '23 287
  • July '23 Jul '23 281
  • June '23 Jun '23 264
  • May '23 May '23 258
  • April '23 Apr '23 214
Number of REFI Loans i
142
(Mar 2024)
-43.4%
year-over-year
y-o-y
  • March '24 Mar '24 142
  • February '24 Feb '24 222
  • January '24 Jan '24 166
  • December '23 Dec '23 186
  • November '23 Nov '23 216
  • October '23 Oct '23 228
  • September '23 Sep '23 188
  • August '23 Aug '23 237
  • July '23 Jul '23 195
  • June '23 Jun '23 210
  • May '23 May '23 203
  • April '23 Apr '23 160
Number of HELOC Loans i
82
(Mar 2024)
-36.9%
year-over-year
y-o-y
  • March '24 Mar '24 82
  • February '24 Feb '24 108
  • January '24 Jan '24 82
  • December '23 Dec '23 81
  • November '23 Nov '23 81
  • October '23 Oct '23 112
  • September '23 Sep '23 83
  • August '23 Aug '23 92
  • July '23 Jul '23 109
  • June '23 Jun '23 97
  • May '23 May '23 100
  • April '23 Apr '23 104

Passaic County, NJ Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value
  • City
    Median Est. Value
  • City
    Median Est. Value

Passaic County, NJ Foreclosure Activity

There were a total of 57 Passaic County, NJ properties with a foreclosure filing in March 2024. Lenders started the foreclosure process on 40 Passaic County, NJ properties and repossessed 2 Passaic County, NJ properties through completed foreclosures (REOs) in March 2024.

Total Foreclosure Filings i
57
(Mar 2024)
-44.7%
year-over-year
y-o-y
  • March '24 Mar '24 57
  • February '24 Feb '24 44
  • January '24 Jan '24 71
  • December '23 Dec '23 58
  • November '23 Nov '23 67
  • October '23 Oct '23 67
  • September '23 Sep '23 53
  • August '23 Aug '23 69
  • July '23 Jul '23 69
  • June '23 Jun '23 64
  • May '23 May '23 55
  • April '23 Apr '23 59
Foreclosure Starts i
40
(Mar 2024)
-18.4%
year-over-year
y-o-y
  • March '24 Mar '24 40
  • February '24 Feb '24 43
  • January '24 Jan '24 35
  • December '23 Dec '23 40
  • November '23 Nov '23 42
  • October '23 Oct '23 37
  • September '23 Sep '23 37
  • August '23 Aug '23 44
  • July '23 Jul '23 35
  • June '23 Jun '23 48
  • May '23 May '23 36
  • April '23 Apr '23 51
Completed Foreclosures (REOs) i
2
(Mar 2024)
year-over-year
y-o-y
  • March '24 Mar '24 2
  • February '24 Feb '24 5
  • January '24 Jan '24 2
  • December '23 Dec '23 2
  • November '23 Nov '23 3
  • October '23 Oct '23 3
  • September '23 Sep '23 5
  • August '23 Aug '23 5
  • July '23 Jul '23 3
  • June '23 Jun '23 3
  • May '23 May '23 6
  • April '23 Apr '23 3
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