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Median Home Price in Paterson, NJ

The median home value in Paterson, NJ is $541,017 as of 2026-06-30, up 4.56% from a year earlier.

Median Home Value

$541,017

Year-over-Year

+4.56%

Population

158,903

Paterson ranks #121 of 184 New Jersey cities tracked here by median home value, and sits 12.0% below the state's city median of $614,590. It sits in Passaic County, where the county-wide median is $604,083.

Crime in Paterson

Paterson police recorded a violent crime rate of 979 per 100,000 residents in 2024 — higher than most cities that report to the FBI. Property crime runs at 2,351 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Paterson

How much does a house cost in Paterson, NJ?

The median home value in Paterson is $541,017. That's up 4.56% from a year earlier. That is about 12.0% below the typical county in New Jersey.

Is Paterson expensive compared to the surrounding area?

Homes in Paterson are cheaper than Passaic County as a whole, where the median is $604,083 — a difference of about 10.4%.

Is Paterson a safe place to live?

Paterson police reported 979 violent crimes per 100,000 residents, covering a population of about 158,903. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.

Cities with similar home prices in NJ

Florence Township · Prospect Park · Dunellen · South River · South Amboy · Clinton · Plainfield · Roselle