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Explore Passaic in New Jersey City

Real Estate New Developments

General Information

Passaic is a city in Passaic County, New Jersey, located approximately 10 miles north of Newark and about 15 miles west of Midtown Manhattan. As of 2023, the city's population was estimated at 68,903, making it the 17th largest city in New Jersey. Passaic is known for its diverse community, with a significant Hispanic population comprising nearly 45% of residents. The city offers various parks, local businesses, and cultural institutions, contributing to its vibrant urban atmosphere

Real Estate Information

The housing market in Passaic has experienced notable changes. As of March 2025, the median home list price was $561,950, reflecting a 48.3% increase from the previous year. The median price per square foot was $313. In February 2025, the median listing home price was $435,000, showing a 3.3% decrease compared to the same period in the previous year. These figures indicate a fluctuating market, with significant appreciation over the past year but some recent declines.

Historical/Interesting Facts

Passaic's history dates back to 1678 when Dutch settlers established a community along the Passaic River, originally named Acquackanonk. The city was officially incorporated on April 2, 1873. During the Revolutionary War, the area played a role as a strategic location, with sites like the Acquackanonk Bridge being of historical significance. Over the years, Passaic evolved from a small settlement into a bustling urban center, reflecting its rich and diverse past

Properties Statistics

Total Properties

9

Median Asking

$462,655.44

Average Days on Market

39 days

Average Home Age

99 years

Based on results from 9 properties

Buildings in this Sector

FAQ about Passaic