Passaic County, NJ Real Estate & Property Data

Passaic County Real Estate Market Trends
Last Updated: April 26, 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 $520,000. Passaic County real estate data shows that there have been a total of 4,467 residential properties sold over the past 12 months. ATTOM’s Passaic County real estate data indicates that the county has 44 properties in foreclosure and 5 REOs (real estate bank owned) properties.

Passaic County Real Estate Market Trends
Total Residential Properties 109,306
Total Commercial Properties 8,243
Avg. Home Age (Single Family Home) 70 Years
Avg. Square Feet (Single Family Home) 1,895
Total 2024 Residential Sales (year-to-date) 638
% of Homes Seriously Underwater (Q2 2024) 0.76%
Total 2023 Residential Sales 4,150
% of Equity Rich Homes (Q2 2024) 46.64%
Effective 2023 Property Tax 1.92%
Total Foreclosure Filings (year-to-date) 115
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Passaic County, NJ Real Estate Overview

There were 4,467 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 109,306 residential properties in the Passaic.

Median Sales Price i
$520,000
(Feb 2024)
+16.9%
year-over-year
y-o-y
  • February '24 Feb '24 $520,000
  • January '24 Jan '24 $516,000
  • December '23 Dec '23 $517,500
  • November '23 Nov '23 $525,000
  • October '23 Oct '23 $527,638
  • September '23 Sep '23 $525,000
  • August '23 Aug '23 $528,000
  • July '23 Jul '23 $512,500
  • June '23 Jun '23 $500,000
  • May '23 May '23 $490,000
  • April '23 Apr '23 $485,000
  • March '23 Mar '23 $488,888
Median Down Payment i
$60,487
(Feb 2024)
+12.7%
year-over-year
y-o-y
  • February '24 Feb '24 $60,487
  • January '24 Jan '24 $85,000
  • December '23 Dec '23 $83,800
  • November '23 Nov '23 $65,750
  • October '23 Oct '23 $70,000
  • September '23 Sep '23 $80,000
  • August '23 Aug '23 $70,522
  • July '23 Jul '23 $75,000
  • June '23 Jun '23 $72,250
  • May '23 May '23 $56,250
  • April '23 Apr '23 $55,521
  • March '23 Mar '23 $65,000
Number of Homes Sold i
286
(Feb 2024)
+2.1%
year-over-year
y-o-y
  • February '24 Feb '24 286
  • January '24 Jan '24 352
  • December '23 Dec '23 276
  • November '23 Nov '23 299
  • October '23 Oct '23 414
  • September '23 Sep '23 355
  • August '23 Aug '23 378
  • July '23 Jul '23 351
  • June '23 Jun '23 352
  • May '23 May '23 345
  • April '23 Apr '23 292
  • March '23 Mar '23 487
Number of Purchase Loans i
219
(Feb 2024)
-3.9%
year-over-year
y-o-y
  • February '24 Feb '24 219
  • January '24 Jan '24 222
  • December '23 Dec '23 202
  • November '23 Nov '23 231
  • October '23 Oct '23 322
  • September '23 Sep '23 277
  • August '23 Aug '23 288
  • July '23 Jul '23 284
  • June '23 Jun '23 265
  • May '23 May '23 259
  • April '23 Apr '23 218
  • March '23 Mar '23 367
Number of REFI Loans i
219
(Feb 2024)
+15.3%
year-over-year
y-o-y
  • February '24 Feb '24 219
  • January '24 Jan '24 167
  • December '23 Dec '23 186
  • November '23 Nov '23 215
  • October '23 Oct '23 226
  • September '23 Sep '23 188
  • August '23 Aug '23 239
  • July '23 Jul '23 195
  • June '23 Jun '23 210
  • May '23 May '23 196
  • April '23 Apr '23 160
  • March '23 Mar '23 310
Number of HELOC Loans i
108
(Feb 2024)
+12.5%
year-over-year
y-o-y
  • February '24 Feb '24 108
  • January '24 Jan '24 81
  • December '23 Dec '23 81
  • November '23 Nov '23 81
  • October '23 Oct '23 112
  • September '23 Sep '23 81
  • August '23 Aug '23 93
  • July '23 Jul '23 108
  • June '23 Jun '23 97
  • May '23 May '23 100
  • April '23 Apr '23 105
  • March '23 Mar '23 164

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 44 Passaic County, NJ properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 43 Passaic County, NJ properties and repossessed 5 Passaic County, NJ properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
44
(Feb 2024)
-17%
year-over-year
y-o-y
  • 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
  • March '23 Mar '23 103
Foreclosure Starts i
43
(Feb 2024)
+13.2%
year-over-year
y-o-y
  • 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
  • March '23 Mar '23 49
Completed Foreclosures (REOs) i
5
(Feb 2024)
+66.7%
year-over-year
y-o-y
  • 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
  • March '23 Mar '23 2
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