Paterson, NJ 07514 Commercial Properties For Sale
The median home value in Paterson, NJ 07514 is $404,100. This is lower than the county median home value of $447,000. The national median home value is $338,100. The average price of homes sold in Paterson, NJ 07514 is $404,100. Approximately 27.48% of Paterson, NJ 07514 homes are owned, compared to 62.78% rented, while 9.74% are vacant. Paterson, NJ 07514 real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Paterson, NJ 07514 real estate agent to arrange a tour today!
Learn More About Paterson, NJ 07514 Real EstateStatistics & facts
20,358
Population
$404K
Medium Home Value
6,582
# of Households
9.74%
Housing Vacancy
47.82%
Future Job Growth
3.80%
Unemployment Rate
For Sale
$950,000
2,045
sqft
575 Stillwater Avenue
Old Town, ME 04468
Listing Courtesy of: Sherri-Lynn Hanson - Trundy & Company Real Estate 207-368-5555
For Sale
$1,200,000
26,109
sqft
136 Center Street
Old Town, ME 04468
Listing Courtesy of: Kristin Giroux - CENTURY 21 Queen City Real Estate 207-942-4618
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2025 Maine Real Estate Information System, Inc. All Rights Reserved.
Population
Paterson, NJ 07514 has a population of approximately 20,358 and experiences a population change rate of 11.17%. The population density is 22,080.3 / sq mi.
Household
The median household income for Paterson, NJ 07514 is $53,254, with 6,582 households and an average household size of 2.89.
Cost of Living
The cost of living index in Paterson, NJ 07514 is 119.4%.
Home Value
The median value of a home in Paterson, NJ 07514 is $404,100 with an appreciation rate of 10.8%. 27.5% of housing in the zip code is owned while 62.8% is rented.
Employment
The unemployment rate in Paterson, NJ 07514 is 3.80%, and recent job growth is at 3.15%. Future job growth is projected at 47.82%.
Taxes
The sales tax rate in Paterson, NJ 07514 is 6.63%, while the income tax rate is 5.53%.
Education
School expenditures in Paterson, NJ 07514 are $25,834, and the school ratio is 12.4:1.
Weather
The average high temperature in July is 85.4 degrees, with an average low temperature in January of 21.3 degrees. The average rainfall is approximately 48.6 inches per year, with 25.3 inches of snow per year.
Education near Paterson NJ, 07514
| Metric | City | County |
|---|---|---|
| High School Graduates | 76.96 | 85.02 |
| College Degree - 2 year | 3.89 | 5.08 |
| College Degree - 4 year | 12.51 | 29.85 |
| Graduate Degree | 1.87 | 7.23 |
| Expenditures per Student | $25,834 | $25,834 |
| Students per Teacher | 12.40 | 12.40 |
Elementary Schools near Paterson NJ , 07514
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Alexander Hamilton Academy | KG - 08 | 560 | 14.7 | 07501 |
| Community Charter School of Paterson | KG - 07 | 810 | 13.2 | 07501 |
| Paterson Arts and Science Charter School | KG - 06 | 420 | 12.3 | 07514 |
| School 1 | PK - 05 | 312 | 9.9 | 07514 |
| School 10 | PK - 08 | 609 | 11.6 | 07524 |
| School 15 | PK - 05 | 771 | 12.3 | 07501 |
| School 18 | PK - 08 | 1103 | 14.2 | 07524 |
| School 2 | KG - 08 | 602 | 12.4 | 07501 |
| School 21 | PK - 08 | 785 | 13.2 | 07514 |
| School 26 | KG - 08 | 611 | 14.9 | 07514 |
Middle Schools near Paterson NJ , 07514
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| New Roberto Clemente | 06 - 08 | 678 | 12.6 | 07501 |
| School 11 (Newcomers) | 04 - 08 | 219 | 13.3 | 07501 |
| School 7 | 05 - 08 | 261 | 9.3 | 07501 |
High Schools near Paterson NJ , 07514
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| International High School | 09 - 12 | 550 | 10.8 | 07501 |
| Rosa L. Parks School of Fine and Performing Arts | 09 - 12 | 278 | 8.4 | 07514 |
| School of Culinary Arts Hospitality and Tourism | 09 - 12 | 690 | 11.3 | 07501 |
| School of Government & Public Administration | 09 - 12 | 685 | 10.4 | 07501 |
| School of Information Technology | 09 - 12 | 682 | 12.2 | 07501 |
Top 10 Zip Codes for real estate in Paterson
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