Paterson (07501) has an estimated 33,543 residents with 31,501 of those people in approximately 10,352 housing units. The 07501 zipcode contains 1,466 housing units that are owned with a mortgage or a loan, 345 housing units that are owned free and clear and 8,541 housing units that are renter occupied.

In Paterson (07501) the median listing price of $199,900 has grown by $900 since 2018-10.

Zip code 07501 is in the New York-Newark-Jersey City metropolitan area.
The median estimated home value in Paterson, NJ (07501) is $207,300 as of 2018-10-31 . Home values here have declined by 1.77%.

In Paterson, NJ (07501), values have declined by -0.39 from when they peaked at $340,400 in 2007-Q3

The Zillow Market Health Index for Paterson, NJ (07501) is 6.19. The corresponding state value is 1.76. This is significantly higher than the overall Market Health Index of NewJersey.