Why Live in Paramus
Paramus offers a suburban lifestyle just 20 miles from New York City, blending vintage charm with modern amenities. The neighborhood is known for its diverse home styles, including colonial revivals, Cape Cods, and ranch-style houses, alongside new contemporary estates. Paramus is a shopping hub, featuring malls and stores like Nike and Bloomingdale’s, and dining options such as Bombaywala & Co. and La Bella Roma Pizzeria. The area is attractive to families due to its highly rated schools, including Memorial Elementary School, East Brook Middle School, and Paramus High School. Van Saun Park County Park is a local attraction with hiking trails, tennis courts, and the Bergen County Zoo. Golf enthusiasts can enjoy two public and two private courses. While Paramus lacks train access, commuting is facilitated by Route 17, Route 4, and the George Washington Bridge, though traffic can be heavy during rush hours. Blue Laws restrict non-food sales on Sundays, offering a quieter day for residents, but Saturday traffic can be busy due to shoppers from nearby areas. The crime rate in Paramus is lower than the national average, contributing to its appeal as a residential area.
Home Trends in Paramus, NJ
On average, homes in Paramus, NJ sell after 39 days on the market compared to the national average of 50 days. The median sale price for homes in Paramus, NJ over the last 12 months is $940,000, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$940,000
Median Single Family Sale Price
$950,000
Median Townhouse Sale Price
$1,250,000
Median 2 Bedroom Sale Price
$374,000
Median 1 Bedroom Sale Price
$280,000
Average Price Per Sq Ft
$704
Number of Homes for Sale
48
Last 12 months Home Sales
283
Median List Price
$949,400
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
4%