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Paramus, NJ

Full City Profile · New Jersey · Bergen County County

3.6 /5.0
B+ Good
26,500 Population 2,536/sq mi density
$139,707 Median Income $55,503 per capita
$736,000 Home Value $1,012,734 Zillow
$2,845 Median Rent 37.7% income on rent
55°F Avg Temperature 275 sunny days/yr
166 Violent Crime/100K 3,473 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$139,707 median income, 4.6% unemployment
B+
Affordability
3.7 / 5.0
$736,000 home value, $2,845/mo rent
F
Safety
1.0 / 5.0
166 violent crimes/100K
A+
Education
5.0 / 5.0
50.2% bachelor's degree or higher

Housing Overview

Median Home Value
$736,000
161% above
US avg: $281,900
Median Rent
$2,845/mo
145% above
US avg: $1,163/mo
Homeownership Rate
81.7%
25% above US avg (65.4%)
Total Housing Units
8,900
Median year built: 1961

Home Value by Source

Census Median
$736,000
Zillow (ZHVI)
$1,012,734
Median Sale Price
$1,079,000
Median List Price
$1,274,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

81.7%
Owner-Occupied
18.3%
Renter-Occupied
82%
18%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent: $2,845/mo

Market Indicators (Redfin)

Median Days on Market
87 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
11
Price Drops
9.6%
of listings with price reduction
Price Per Sq Ft
$469
Active Inventory
52
homes for sale

Affordability & Housing Stock

Rent Burden
37.7%
of renters spending 30%+ of income on housing
22% above US avg (31.0%)
Median Year Built
1961
Average age of housing stock: 65 years
Homeownership Rate
81.7%

Complete Housing Data

Home Values

Census Median Value$736,000
Zillow Home Value (ZHVI)$1,012,734
Median Sale Price$1,079,000
Median List Price$1,274,500
Price Per Sq Ft$469

Rent

Census Median Rent$2,845
FMR Studio$1,599
FMR 1-Bedroom$1,759
FMR 2-Bedroom$2,132
FMR 3-Bedroom$2,658
FMR 4-Bedroom$3,005

Market

Days on Market87
Sale-to-List Ratio1.0%
Price Drops9.6%
Homes Sold11
Active Inventory52
Price Per Sq Ft$469

Ownership & Stock

Owner-Occupied81.7%
Renter-Occupied18.3%
Homeownership Rate81.7%
Total Housing Units8,900
Median Year Built1961
Rent Burden37.7%