Real Estate Market Update for Passaic County, NJ
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of April. The number of active listings was down 38% from one year earlier, and down 2% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 310-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 20%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 310-thousand dollars. The number of units sold decreased 10% year-over-year, and decreased 16% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Passaic County, NJ
Area Information for Passaic County, NJ
  • Population: 503,542
  • Median Age: 37.32 yr
  • Median Commute Time: 26 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 2,727/sq mi
  • Population Change Since 2000: 2.96%
  • Closest Airport: Newark Liberty International
  • Closest College: William Paterson University-new Jersey
  • Closest Jr. College: Passaic County Community College
  • Median Household Income: $59,166
  • Annual Residential Turnover: 7%
  • Median Home Sales Price: $265,000
  • Closest Major Sports Team: New York Giants
  • Change Avg. Household Income Since 2000: 27.28%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Passaic County, NJ
Median Age: 37.32 Married: 35% Number of Households: 167,806 Households with Children: 58,762
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Passaic County, NJ

      School Name Distance Type Grades School Rating Parent Rating
      Samuel R. Donald Elementary School 0.8 mi Public 2-4 3 0
      Lenox Elementary School 1.7 mi Public K-5 3 0
      Pompton Lakes High School 1.8 mi Public 9-12 4 4
      Walter T. Bergen Middle School 1.8 mi Public 5-8 4 0
      Lakeside Middle School 2.0 mi Public 6-8 3 0
      Lincoln Elementary School 2.2 mi Public K-5 3 0
      Haskell Elementary School 2.8 mi Public K-8 3 0
      Apshawa Elementary School 2.9 mi Public K-6 3 0
      Academy Of Greatness And Excellence 3.1 mi Private 7-12 0 2
      Pines Lake Elementary School 3.4 mi Public K-5 4 0
      Albert P Terhune Elementary 3.8 mi Public PRESCHOOL-5 4 0
      Theunis Dey Elementary School 4.1 mi Public K-5 4 0
      Schuyler colfax Mid School 4.2 mi Public 6-8 4 0
      Wanaque Elementary School 4.3 mi Public K-8 4 0
      Wayne Hills High School 4.7 mi Public 9-12 4 4
      Lakeland Reg High School 4.8 mi Public 9-12 4 4
      De Paul Catholic High School 4.9 mi Catholic 8-12 0 3
      Packanack Elementary School 4.9 mi Public PRESCHOOL-5 4 0
      George Washington Middle School 4.9 mi Public 6-8 4 0
      Ryerson Elementary School 5.4 mi Public K-5 2 0
      Peter Cooper Elementary School 5.5 mi Public K-3 5 0
      Maple Road Elementary School 5.7 mi Public PRESCHOOL-6 3 0
      Macopin Middle School 6.3 mi Public 7-8 2 0
      John F. Kennedy Elementary School 6.3 mi Public K-5 4 0
      West Milford High School 6.4 mi Public 9-12 2 3
      Randall Carter Elementary School 6.4 mi Public K-5 4 0
      James Fallon Elementary School 6.4 mi Public K-5 4 0
      Westbrook Elementary School 6.6 mi Public K-6 3 0
      Wayne Valley High School 6.8 mi Public 9-12 4 4
      Lafayette Elementary School 6.8 mi Public K-5 3 0
      Anthony Wayne Middle School 7.2 mi Public 6-8 5 5
      Robert Erskine Elementary School 7.2 mi Public K-3 4 0
      Pioneer Academy 7.3 mi Private 5-12 0 0
      Memorial Elementary School 7.7 mi Public PRESCHOOL-4 3 0
      Passaic Co Tech Institute 7.8 mi Public 9-12 4 4
      High Mountain Middle School 7.9 mi Public 5-8 4 0
      Eastern Christian High School 8.3 mi Private 9-12 0 4
      Manchester Regional High School 8.3 mi Public 9-12 1 3
      Haledon Public School 8.4 mi Public PRESCHOOL-8 2 0
      Paradise Knoll Elementary School 8.4 mi Public K-6 2 0
      Martin J. Ryerson Middle School 8.6 mi Public 6-8 3 0
      Thomas Jefferson Elementary School 8.6 mi Public PRESCHOOL-5 2 0
      Washington Park Elementary School 8.6 mi Public 3-8 3 0
      Hawthorne Christian Academy 8.7 mi Private PRESCHOOL-12 0 0
      Little Falls Township School Number 3 8.8 mi Public 3-4 4 0
      Number 19 Elementary School 8.8 mi Public K-4 3 0
      Paterson Arts And Science Charter School 8.8 mi Public K-5 2 0
      International High School 8.8 mi Public 9-12 1 2
      Washington Elementary School 8.9 mi Public K-5 3 0
      Number 1, Prospect Park Elementary School 9.0 mi Public PRESCHOOL-8 2 0
      Roosevelt Elementary School 9.1 mi Public K-5 3 0
      Hawthorne High School 9.1 mi Public 9-12 2 4
      Number 28 Elementary School 9.5 mi Public K-4 5 0
      Passaic Valley High School 9.5 mi Public 9-12 2 3
      Little Falls Township School Number 1 9.5 mi Public 5-8 4 0
      Memorial Middle School 9.6 mi Public 5-8 2 0
      Marshall Hill Elementary School 9.6 mi Public K-6 3 0
      Academy Of Health Science - Harp 9.6 mi Public 9-12 2 0
      Lincoln Middle School 9.6 mi Public 6-8 2 0
      Norman S. Weir Elementary School 9.7 mi Public K-8 3 0
      John P Holland Charter School 9.7 mi Public K-8 3 0
      Academy High School 9.7 mi Public 9-12 0 0
      Academy Of Earth And Space Science - Panther 9.8 mi Public 9-12 0 3
      Alexander Hamilton Academy 9.9 mi Public K-8 3 0
      Number 6 Elementary School 10.0 mi Public K-8 0 0
      White Rock Elementary School 10.3 mi Public 3-5 3 0
      High School Govern & Public Admin 10.3 mi Public 9-12 1 3
      High School Hospitality Tour & Culinary Arts 10.3 mi Public 9-12 0 3
      High School Of Info Tech 10.3 mi Public 9-12 0 4
      Roberto Clemente Elementary School 10.4 mi Public K-5 2 0
      Classical Academy Cs Of Clifto 10.5 mi Public 6-8 5 0
      Number 5 Elementary School 10.6 mi Public K-5 2 0
      Rosa Parks School Of Fine And Performing Arts 10.7 mi Public 9-12 2 3
      Number 24 Elementary School 10.7 mi Public PRESCHOOL-8 2 0
      Number 1 Elementary School 10.8 mi Public PRESCHOOL-5 2 0
      Martin Luther King Elementary School 11.0 mi Public K-8 0 0
      Charles J Riley Number 9 11.1 mi Public K-8 2 2
      Woodrow Wilson Middle School 11.5 mi Public 6-8 2 0
      Paterson Charter School For Science & Technology 11.5 mi Public K-12 1 0
      Number 2 Elementary School 11.8 mi Public K-5 3 0
      Number 16 Elementary School 11.9 mi Public K-5 2 0
      Number 1 Elementary School 12.0 mi Public K-5 2 0
      Jefferson Township H 12.1 mi Public 9-12 3 3
      Jefferson Township Middle School 12.1 mi Public 6-8 3 3
      Clifton High School 12.1 mi Public 9-12 2 3
      Number 3 Elementary School 12.1 mi Public K-5 3 0
      Christopher Columbus Middle School 12.2 mi Public 6-8 2 0
      Number 14 Elementary School 12.8 mi Public PRESCHOOL-5 2 0
      Number 15 Elementary School 12.9 mi Public K-5 2 0
      Number 13 Elementary School 13.0 mi Public K-5 2 0
      Number 12 Elementary School 13.0 mi Public K-5 2 0
      Upper Greenwood Lake Elementary School 13.3 mi Public PRESCHOOL-6 2 0
      Number 9 Elementary School 13.6 mi Public K-5 3 0
      Number 10 Theodore Roosevelt Elementary School 13.7 mi Public 2-6 0 2
      Number 4, Lincoln Middle School 14.0 mi Public 7-8 0 0
      Noble Leadership Academy 14.0 mi Private PRESCHOOL-12 0 5
      Passaic High School 14.2 mi Public 9-12 1 3
      Passaic Arts And Science Charter School 14.2 mi Public 6-9 3 0
      Bais Yaakov Of Passaic High School 14.3 mi Private 9-12 0 0
      Number 8 Elementary School 15.4 mi Public K-5 3 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Passaic County, NJ
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.