Above is a snapshot look at the real estate market in Paterson, NJ. In Paterson, NJ, the median house price is $236,000, making the price 25% lower than that the average for New Jersey. Therefore, the affordability of Paterson, NJ area real estate is more affordable than the real estate in other areas of New Jersey. In addition, Paterson, NJ has a median rent price of $1,122; this price is 8% lower than that the average rental price for New Jersey. 26.2% of residents in Paterson, NJ are homeowners, and the average amount of people who reside in each home is 3.4. Paterson, NJ has a wide array of real estate options available, ranging from cost-friendly condos to high-end luxury homes. We filter listings by number of bathrooms and bedrooms, price and area to simplify the search process for Paterson, NJ real estate for sale.