Paterson Leads New Jersey in Home Value Growth as Pharmaceuticals Sector Expands
Home values in Paterson have surged 39.1% year-over-year, outpacing the statewide average of 3.4%. With a median home value of $527,848 and average equity positions reaching $224,863, the city is emerging as one of the strongest performers in Bergen County. Our analysis breaks down the key drivers behind this growth and what homeowners should know.