Apartment Size | Jul | vs Last Month |
---|---|---|
Studio for sale | $449,999 | +309.1% |
1 bed for sale | $185,450 | -0.1% |
2 bed for sale | $301,782 | -0.3% |
3 bed for sale | $386,918 | +3.6% |
4+ bed for sale | $428,267 | -5.3% |
During Jul 2022, the average price for an apartment in/near Paterson, NJ decreased by 4.8% to $401,131.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 0.1% to $185,450. Asking price for 2-bed apartment also decreased by 0.3% and a place of this size will now cost you $301,782. A 3-bed apartment goes for $386,918, it increased by 3.6% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 5.3% and made it down to $428,267.
Listing Type | Jul | vs Last Month |
---|---|---|
Townhouses for sale | $443,064 | -1.3% |
Duplexes for sale | $650,000 | +136.8% |
Houses for sale | $383,369 | -12.3% |
Land for sale | $228,000 | N/A |
Condos for sale | $223,262 | +10.8% |
Price reports demonstrate that house price decreased by 12.3% this month making it up to $383,369. Condos are really in demand in this season. The median price for a condo increased by 10.8%, it’s now available for $223,262. You can now purchase a duplex for just $650,000, duplex price increased by 136.8% this month. The property value of townhouses decreased by 1.3%, you’ll have to spend around $443,064 to get one.