Paterson (07502) has an estimated 15,406 residents with 15,400 of those people in approximately 4,459 housing units. The 07502 zipcode contains 1,857 housing units that are owned with a mortgage or a loan, 522 housing units that are owned free and clear and 2,080 housing units that are renter occupied.

In Paterson (07502) the median listing price of $250,000 has declined by $21,700 since 2018-10.

Zip code 07502 is in the New York-Newark-Jersey City metropolitan area.
The median estimated home value in Paterson, NJ (07502) is $249,300 as of 2018-10-31 . Home values here have declined by 0.77%.

In Paterson, NJ (07502), values have declined by -0.27 from when they peaked at $340,200 in 2006-Q4

The Zillow Market Health Index for Paterson, NJ (07502) is 4.04. The corresponding state value is 1.76. This is significantly higher than the overall Market Health Index of NewJersey.