Market Report for Passaic County NJ

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Reports on Latest Real Estate Activity in Passaic County NJ

This page is my newest market report page, added in March 2021, to help you follow the trends and activity in the real estate marketplace within Passaic County of the state of New Jersey.  It also happens to be the county where my home office is located.  Our intent is to include some tabular market data here that goes into the trends and stats regarding the number of homes available for purchase, homes currently under contract and homes that were sold recently.  Our initial plan is to use a six month window of time for presenting the data herein.

We will also augment the data on this page with some market news stories as they become available, provided that it is relevant to just the real estate markets here in this county.  Your feedback and suggestions will be welcomed, so please do not hesitate to contact me if you have any questions or would like to share your thoughts about the data on this page.

 


Overview of recent real estate activity in Passaic County

The volume of real estate transactions here is brisk relative to the size of the market in this county, but it still is about 15 percent less than in nearby Bergen County, presumably due to the fact that Passaic County simply has far fewer townships and residents than its neighboring county to the east, and also as it is farther out from New York City. In general, a large chunk of the home purchases in the greater north Jersey region are driven by former residents of NYC or people who used to commute to NYC for work but are no longer doing so due to the pandemic. This is similar to what we have seen happening in Bergen county.  We are expecting the overall trend to improve in 2021 as the pandemic restrictions are reduced.

Passaic County Market Data

Our market report data below gives you a snapshot of all listed homes sold or to be sold in Passaic County, and by keeping track of the summary stats at the bottom of each section, you will be able to gauge how the markets are evolving in this area.

[Summary report to be added here after sufficient historical data has been accumulated]

We will be adding more tabular data in this section over time, partly based on the listing data shown below, to give readers a better insight into the real estate activity taking place in Passaic County.  It is our hope that this new data will be useful for you in your planning for buying or selling your home in the near future, especially right here in Passaic County, NJ.

 


 

Active Properties
Address Beds Baths List Price DOM
324 Dwas Line Road 8 6 $2,950,000 103 days
374 Totowa Avenue N/A N/A $2,700,000 1124 days
22 Nottingham Court 4 6 $2,590,000 19 days
115 Sicomac Road 5 6 $2,498,000 22 days
257 Monroe Street N/A N/A $2,380,000 111 days
119 High Street 13 6 $2,100,000 111 days
1013 Main Street N/A N/A $1,615,149 143 days
198 Ratzer Road 8 6 $1,598,888 97 days
1017 Main Street N/A N/A $1,500,000 143 days
1011 Main Street N/A N/A $1,500,000 143 days
Average: 3.9 2.6 $527,654 72 days
Viewing 1 - 10 of 503
Viewing 1 - 10 of 503
Properties Under Contract
Address Beds Baths List Price DOM
956 Main Avenue N/A N/A $1,895,000 490 days
17 Urban Club Road 6 5 $1,650,000 25 days
29 Vista Trail 6 4 $1,399,000 54 days
131 Sunrise Drive 6 6 $1,299,000 54 days
1450 Alps Road 4 3 $1,249,000 95 days
11 Gates Place 5 4 $1,243,500 124 days
36 Ridgeview Terrace 5 5 $1,235,000 26 days
307 Park Avenue 10 3 $1,150,000 180 days
307 Park Avenue N/A N/A $1,150,000 180 days
111 Point View Parkway 5 4 $1,125,000 95 days
Average: 3.7 2.5 $546,840 364 days
Viewing 1 - 10 of 549
Viewing 1 - 10 of 549
Sold Properties
Address Beds Baths Sold Price DOM Sold Date
284 Grove Street 7 7 $1,995,000 182 days 1/31/24
10 Massola Drive 5 6 $1,899,000 60 days 3/6/24
668 West Pines Lake Drive 5 5 $1,875,000 99 days 1/12/24
360-370 17th Avenue N/A N/A $1,400,000 67 days 2/6/24
11 Danielle Drive 6 4 $1,375,000 156 days 4/1/24
104 French Hill Road 4 5 $1,375,000 247 days 5/14/24
98 Nugent Drive 5 3 $1,300,000 72 days 5/16/24
11 Montauk Trail 3 6 $1,290,000 84 days 4/30/24
417 Passaic Avenue 5 3 $1,200,000 63 days 5/9/24
76 Pinewood Drive 4 4 $1,200,000 211 days 3/7/24
Average: 3.6 2.4 $549,713 90 days
Viewing 1 - 10 of 1163
Viewing 1 - 10 of 1163

board logoThe data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Real Estate Company are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: .
Source: New Jersey Multiple Listing Service, Inc.
“2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”