Median home value in zip code 07522 (Paterson, NJ) is $476K, up 2.3% year over year. Part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area.

Full stress scores, AI analysis, and 12-month forecast: New York-Newark-Jersey City, NY-NJ-PA metro →

Home Value$475,799

YoY Change

+2.3%

AFFORDABILITY

Enter your income for 07522 (Paterson).

Income (annual)

Down Payment

$95,160 on $475,799

Out of reach — 45.9% of income

Need $123,043/yr to afford.

PITI$2,871

P/I45.9%

Afford$290K

Gap-$186K

P&I $2,406Tax $349Ins $117

6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

07522 is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View New York-Newark-Jersey City, NY-NJ-PA analysis

Want deeper metro-level analysis?Stress scores, crash risk, 12-month forecasts, and early warning signals for 195 US metros.

Try Free