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Paterson (zip 07502), New Jersey   Add Favorite    0 Reviews | Review This Place



Real Estate in Paterson



Pros

-Arts and culture
-Economic center
-Education

Cons

-Cost of living and housing
-Crowded lifestyle
-Weak future job growth


What Bert Has To Say About New York-Newark-Jersey City Metro Area


New York is the largest metro area in the United States. It includes the island of Manhattan, an eight-county area immediately north, western Long Island, and Staten Island. It is the fourth largest in the world behind Tokyo, Mexico City, and Sao Paulo, Brazil. Regardless of how the area is defined, New York is among the richest and most complex places to live in America.


Bert Suggests test-driving a neighborhood in Paterson with an affordable short term rental. Click here to find the right place on Airbnb.


Highlights


  • Profile: National center
  • Time zone: Eastern Standard Time
  • Elevation: 87
  • Real Estate: For Sale  For Rent
  • City: Paterson
  • Zip Codes: Paterson (zip 07502)

Quick Facts About Paterson


    ECONOMY
    The unemployment rate in Paterson (zip 07502) is 9.30 percent(U.S. avg. is 5.20%). Recent job growth is Positive. Paterson (zip 07502) jobs have Increased by 2.04 percent.
    COST OF LIVING
    Compared to the rest of the country, Paterson (zip 07502)'s cost of living is 11.20% Higher than the U.S. average.
    POPULATION
    As of 2014, Paterson (zip 07502)'s population is 15,162 people. Since 2000, it has had a population growth of 30.53 percent.
    TRANSPORTATION
    Average Commute time is 37 minutes. The National Average is 26 minutes.
    REAL ESTATE
    The median home cost in Paterson (zip 07502) is $208,800. Home appreciation the last 10 years has been -33.87%.
    SCHOOLS
    Paterson (zip 07502) public schools spend $23,444 per student. The average school expenditure in the U.S. is $12,383. There are about 11.3 students per teacher in Paterson (zip 07502).

Paterson (zip 07502), New Jersey Ranked & Rated



Paterson Housing Market


It's not a good time to buy in Paterson. Home Appreciation is down -12.7% in the last 12 months. Browse Paterson Real Estate.
The median home price in Paterson is $208,800. Browse Homes in this Range.
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Reviews for Paterson (zip 07502), New Jersey


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