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Passaic, NJ

Full City Profile · New Jersey · Bergen County County

2.1 /5.0
C Fair
69,651 Population 22,253/sq mi density
$56,780 Median Income $24,048 per capita
$406,500 Home Value $543,409 Zillow
$1,392 Median Rent 33.5% income on rent
55°F Avg Temperature 275 sunny days/yr
530 Violent Crime/100K 1,745 property/100K
C
Overall
2.1 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.5 / 5.0
$56,780 median income, 7.6% unemployment
C+
Affordability
2.6 / 5.0
$406,500 home value, $1,392/mo rent
F
Safety
1.0 / 5.0
530 violent crimes/100K (39% above avg)
C
Education
2.4 / 5.0
16.9% bachelor's degree or higher

Housing Overview

Median Home Value
$406,500
44% above
US avg: $281,900
Median Rent
$1,392/mo
20% above
US avg: $1,163/mo
Homeownership Rate
23.5%
64% below US avg (65.4%)
Total Housing Units
20,884
Median year built: 1938

Home Value by Source

Census Median
$406,500
Zillow (ZHVI)
$543,409
Median Sale Price
$497,500
Median List Price
$649,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

23.5%
Owner-Occupied
76.5%
Renter-Occupied
24%
77%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,778/mo
1 Bedroom
$2,024/mo
2 Bedroom
$2,324/mo
3 Bedroom
$2,835/mo
4 Bedroom
$3,618/mo
Census median rent: $1,392/mo · Zillow rent: $2,361/mo

Market Indicators (Redfin)

Median Days on Market
73 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
10
Price Drops
9.1%
of listings with price reduction
Price Per Sq Ft
$298
Active Inventory
33
homes for sale

Affordability & Housing Stock

Rent Burden
33.5%
of renters spending 30%+ of income on housing
8% above US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
23.5%

Complete Housing Data

Home Values

Census Median Value$406,500
Zillow Home Value (ZHVI)$543,409
Median Sale Price$497,500
Median List Price$649,000
Price Per Sq Ft$298

Rent

Census Median Rent$1,392
Zillow Rent (ZORI)$2,361
FMR Studio$1,778
FMR 1-Bedroom$2,024
FMR 2-Bedroom$2,324
FMR 3-Bedroom$2,835
FMR 4-Bedroom$3,618

Market

Days on Market73
Sale-to-List Ratio1.0%
Price Drops9.1%
Homes Sold10
Active Inventory33
Price Per Sq Ft$298

Ownership & Stock

Owner-Occupied23.5%
Renter-Occupied76.5%
Homeownership Rate23.5%
Total Housing Units20,884
Median Year Built1938
Rent Burden33.5%