Passaic, NJ 07055 Real Estate & Property Data

Passaic, NJ 07055 Real Estate Market Trends
Last Updated: March 29, 2024

A total of 226 residential properties have been sold over the past 12 months in 07055. With a median sales price of $734,000 in 07055 and a total of 8 foreclosures in Passaic, NJ 07055. Discover market trends and get the granular level real estate data for Passaic, NJ 07055 to keep your pulse on the housing market. Curate compelling home reports for Passaic, NJ 07055 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Passaic, NJ 07055 Real Estate Market Trends
Total Residential Properties 6,298
Total Commercial Properties 1,150
Avg. Home Age (Single Family Home) 88 Years
Avg. Square Feet (Single Family Home) 2,033
Total 2024 Residential Sales (year-to-date) 11
% of Homes Seriously Underwater (Q1 2024) 0.4%
Total 2023 Residential Sales 215
% of Equity Rich Homes (Q1 2024) 46.7%
Effective 2023 Property Tax 1.79%
Total Foreclosure Filings (year-to-date) 8
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Passaic, NJ 07055 Real Estate Overview

There were 226 residential properties sold in the past year in Passaic, NJ 07055. The median home value in Passaic, NJ 07055 is $511,050. There are a total of 6,298 residential properties in the 07055.

Median Sales Price i
$734,000
(Jan 2024)
+205.8%
year-over-year
y-o-y
  • January '24 Jan '24 $734,000
  • December '23 Dec '23 $300,000
  • November '23 Nov '23 $517,500
  • October '23 Oct '23 $448,750
  • September '23 Sep '23 $610,500
  • August '23 Aug '23 $465,000
  • July '23 Jul '23 $519,500
  • June '23 Jun '23 $410,000
  • May '23 May '23 $391,000
  • April '23 Apr '23 $495,000
  • March '23 Mar '23 $550,000
  • February '23 Feb '23 $340,000
Median Down Payment i
$409,000
(Jan 2024)
+1604.2%
year-over-year
y-o-y
  • January '24 Jan '24 $409,000
  • December '23 Dec '23 N/A
  • November '23 Nov '23 $28,179
  • October '23 Oct '23 $149,300
  • September '23 Sep '23 $180,000
  • August '23 Aug '23 $125,500
  • July '23 Jul '23 $110,350
  • June '23 Jun '23 $26,925
  • May '23 May '23 $147,275
  • April '23 Apr '23 $121,250
  • March '23 Mar '23 $99,375
  • February '23 Feb '23 $77,500
Number of Homes Sold i
11
(Jan 2024)
year-over-year
y-o-y
  • January '24 Jan '24 11
  • December '23 Dec '23 15
  • November '23 Nov '23 20
  • October '23 Oct '23 20
  • September '23 Sep '23 18
  • August '23 Aug '23 24
  • July '23 Jul '23 15
  • June '23 Jun '23 24
  • May '23 May '23 12
  • April '23 Apr '23 18
  • March '23 Mar '23 29
  • February '23 Feb '23 9
Number of Purchase Loans i
3
(Jan 2024)
-40%
year-over-year
y-o-y
  • January '24 Jan '24 3
  • December '23 Dec '23 2
  • November '23 Nov '23 10
  • October '23 Oct '23 5
  • September '23 Sep '23 6
  • August '23 Aug '23 8
  • July '23 Jul '23 6
  • June '23 Jun '23 11
  • May '23 May '23 4
  • April '23 Apr '23 5
  • March '23 Mar '23 6
  • February '23 Feb '23 2
Number of REFI Loans i
3
(Jan 2024)
+50%
year-over-year
y-o-y
  • January '24 Jan '24 3
  • December '23 Dec '23 6
  • November '23 Nov '23 8
  • October '23 Oct '23 2
  • September '23 Sep '23 2
  • August '23 Aug '23 6
  • July '23 Jul '23 5
  • June '23 Jun '23 5
  • May '23 May '23 6
  • April '23 Apr '23 3
  • March '23 Mar '23 5
  • February '23 Feb '23 2
Number of HELOC Loans i
2
(Jan 2024)
-66.7%
year-over-year
y-o-y
  • January '24 Jan '24 2
  • December '23 Dec '23 5
  • November '23 Nov '23 5
  • October '23 Oct '23 1
  • September '23 Sep '23 2
  • August '23 Aug '23 6
  • July '23 Jul '23 3
  • June '23 Jun '23 5
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 6
  • February '23 Feb '23 3

Passaic, NJ 07055 Foreclosure Activity

There were a total of 8 Passaic, NJ 07055 properties with a foreclosure filing in January 2024. Lenders started the foreclosure process on 3 Passaic, NJ 07055 properties and repossessed 2 Passaic, NJ 07055 properties through completed foreclosures (REOs) in January 2024.

Total Foreclosure Filings i
8
(Jan 2024)
+300%
year-over-year
y-o-y
  • January '24 Jan '24 8
  • December '23 Dec '23 3
  • November '23 Nov '23 3
  • October '23 Oct '23 3
  • September '23 Sep '23 6
  • August '23 Aug '23 3
  • July '23 Jul '23 5
  • June '23 Jun '23 2
  • May '23 May '23 3
  • April '23 Apr '23 8
  • March '23 Mar '23 9
  • February '23 Feb '23 5
Foreclosure Starts i
3
(Jan 2024)
+200%
year-over-year
y-o-y
  • January '24 Jan '24 3
  • December '23 Dec '23 1
  • November '23 Nov '23 2
  • October '23 Oct '23 2
  • September '23 Sep '23 3
  • August '23 Aug '23 3
  • July '23 Jul '23 2
  • June '23 Jun '23 2
  • May '23 May '23 1
  • April '23 Apr '23 8
  • March '23 Mar '23 2
  • February '23 Feb '23 3
Completed Foreclosures (REOs) i
2
(Jan 2024)
  • January '24 Jan '24 2
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 1
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
  • February '23 Feb '23 N/A
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