Why Live in Passaic
Passaic, NJ, located in Passaic County, offers a convenient commute to New York City, approximately 14 miles away via state Route 3 and the Passaic River Bridge. The NJ Transit Main Line and buses provide additional commuting options, making the city attractive for those working in Manhattan. Passaic is known for its diverse community and cultural events, such as the Mexican Day Festival and the Burning of the Chametz. The city features a mix of single-family homes, including National style, Queen Anne, Tudor, and colonial homes, as well as high-rise and townhouse condos. Main Avenue serves as a commercial hub with dining options like El Chevere and Noches De Colombia, and shopping at places like the Promenade Shops at Clifton. Passaic Academy for Science & Engineering is a highly rated school in the area. Recreational opportunities abound at Third Ward Memorial Park, which offers ice skating, roller skating, and cherry blossom viewing, while Dundee Island Park provides modern playgrounds and athletic facilities. Despite the Passaic River's pollution and flood risks, with flood insurance recommended for those living near the river, the city’s proximity to healthcare hubs like St. Mary’s General Hospital and St. Joseph’s University Medical Center adds to its appeal.
Home Trends in Passaic, NJ
On average, homes in Passaic, NJ sell after 33 days on the market compared to the national average of 70 days. The median sale price for homes in Passaic, NJ over the last 12 months is $444,000, up 93% from the median home sale price over the previous 12 months.
Median Sale Price
$444,000
Median Single Family Sale Price
$560,000
Median Townhouse Sale Price
$458,000
Median 2 Bedroom Sale Price
$264,900
Median 1 Bedroom Sale Price
$245,000
Average Price Per Sq Ft
$309
Number of Homes for Sale
3
Last 12 months Home Sales
30
Median List Price
$478,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
93%