07514 Home Values & Market Trends

There are 25 homes currently listed for 07514. 07514 real estate market trends show that home prices range from $99,000 to $775,000, and the median sales price in the 07514 zip code is $557,875.6. The total number of properties sold within the past twelve months is 88. In 07514, 26 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.

07514 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Paterson

$ 473,750

$ 282/sqft

Housing Market Summary for 07514

Mar 2025March 2026Change
Median Listing Price$519.5K$559.8K7.76%
Median Sold Price$543.2K$559.8K3.06%
Homes For Sale424500.00%
Homes Sold6149-19.67%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Recently Sold Homes

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Browse Homes in 07514

The median list price of a home in Paterson, is $557,875.6. A total of 25 properties are for sale, and the percentage of properties for sale in the zip code is 49.02%. The total count of 07514 properties is 2,172.

Foreclosure
There is 1 cities within 07514; within this cities, the median estimated home value for homes in foreclosure ranges from $1,115,000 in Paterson to the lowest value of $224,500 in Paterson. Foreclosure homes account for 1.00% of properties in 07514 with Paterson containing 304 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.15% of all residential properties in 07514 with Paterson containing 294 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07514; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,115,000 in Paterson to the lowest home value of $224,500 in Paterson.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 07514 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 07514. There is 1 cities within 07514; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Paterson has 8 auction properties, the highest number of properties going to auction in a single city in the state of 07514. Auction homes and other auction properties account for 0.05% of all properties in 07514. There is 1 cities within 07514; of that cities, the median estimated home value for homes going to auction ranges from $765,300 in Paterson to the lowest value of $394,100 in Paterson.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.15% of residential properties in 07514 with Paterson containing 214 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 07514; homes for sale in that cities, have a range of median values from $942,700 in Paterson to the lowest value of $222,900 in Paterson.
    Sold Homes
    The median value for recently sold homes ranges from $946,500 in Paterson to the lowest price of $222,700 in Paterson. There is 1 cities within 07514. Paterson has 396 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.89% of properties in 07514.

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