Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$597,668+4.5% YoY · prices are rising fast
Market right nowBalanced, leaning sellersMore homes for sale than last year, 11% have cut their price
Income needed to buy, per year$129,562About 1.5× the local median income ($85,224): hard to afford
Days on market34 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.8%Zillow expects prices to rise slightly
The typical home in Passaic County, NJ is worth $597,668, up 4.5% from a year ago. That is well above what local incomes have historically supported: fair value is about $533,649, so the area is 12.0% overvalued. It is a balanced market, leaning toward sellers: homes take about 34 days to sell, listings are up 35% from a year ago, 11% of listings have had a price cut. Zillow expects prices to rise about 2.8% over the next year. A household needs about $129,562 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $85,224. Typical rent is $2,168 a month, or $2,118 for a house. In the latest IRS figures, 5,468 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$597,668
Change in 1 year
+4.5%
Overvalued %
+12.0%
Show 7 more
Fair home value
$533,649
Change in 5 years
+34.7%
Zillow forecast, next 12 months
+2.8%
Home value to income
7.0×
Monthly mortgage payment (20% down)
$3,239
Income needed to afford it
$129,562
Property tax rate
2.18%
Rent and investing
Typical rent
$2,168
Typical rent for houses
$2,118
Price-to-rent ratio
23.0×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$2,282
Gross rental yield
4.35%
Cap rate (estimate)
2.83%
Market activity
Listings vs a year ago
+35.2%
Days on market
34
Listings with a price cut
11.2%
Show 3 more
Homes for sale
711
Pending sales per 100 listings
44
Asking price per sq ft
$336
People and jobs
Median household income
$85,224
Population change (1 year)
+0.1%
Unemployment rate
8.0%
Show 4 more
Population
531,624
Income adjusted for cost of living
$75,687
Net moves in (IRS)
−5,468
Cost of living (US = 100)
112.6
Schools, risk and environment
School rating (1 to 10)
3.7
FEMA hazard risk score (0 to 100)
95.8
Unhealthy air days a year
4
Show 4 more
Flood risk score
97.8
Wildfire risk score
16.1
Walkability (1 to 20)
13.4
Road, rail and air noise
53 dB
Questions people ask
Is Passaic County, NJ overvalued?
Home prices in Passaic County, NJ are well above what local incomes have historically supported: fair value is about $533,649, so the area is 12.0% overvalued.
Is Passaic County, NJ a buyer's or seller's market?
Passaic County, NJ is a balanced market, leaning toward sellers: homes take about 34 days to sell, listings are up 35% from a year ago, 11% of listings have had a price cut.
Are home prices going down in Passaic County, NJ?
Home values in Passaic County, NJ are up 4.5% over the last year. Zillow's forecast for the next 12 months is +2.8%.
How much do you need to earn to buy a home in Passaic County, NJ?
A household needs about $129,562 a year to afford the typical home in Passaic County, NJ at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $85,224.