Passaic, NJ

Passaic is a city in the state of new-jersey with a population of roughly 70,090. It is in Passaic County, New Jersey the New York-Newark-Jersey City, NY-NJ-PA core-based statistical areas (CBSA), and the New York-Newark, NY-NJ-CT-PA combined statistical area (CSA).Its Zip codes include 07055 .

Passaic's Home Price Trends

Real estate in Passaic, NJ is a hot commodity. With a population of just over 100,000 people, the city has plenty of potential buyers and sellers. The median home price in Passaic was $272,500 as of September 2017. This is significantly higher than the statewide median home price of $173,500 but still below the national median home price of $247,900.

The city's main attraction for real estate investors and homeowners is its close proximity to New York City. According to data from Trulia, Passaic residents spend an average of just under 50 minutes commuting each day to work in Manhattan. This makes it an ideal location for those who want to be within easy reach of some of the country's most popular destinations.

There are also a number of other reasons why people are interested in buying or selling homes in Passaic. For example, the city has excellent schools and infrastructure, making it an attractive place to raise a family or start a business. Additionally, there are plenty of recreational opportunities available nearby – including parks and golf courses – which can make life more enjoyable for residents and visitors alike.

Price Index: New York-Jersey City-White Plains, NY-NJ (MSAD)

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