Passaic County, New Jersey home prices
Typical home $597,668 · +4.5% in a year · property tax 2.18%
The typical home in Passaic County is worth $597,668, 4% more than the New Jersey typical home ($575,123). Values changed +4.5% in the past year and +34.7% over five years. Homeowners here pay a median 2.18% of their home's value in property tax each year ($13,008 on the typical home), versus 1.82% statewide.
Mortgage on the typical Passaic County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $119,534 | $478,135 | $3,216 | $0 | $1,383 | $4,599 | $197,100 |
| 10% down | $59,767 | $537,902 | $3,618 | $224 | $1,383 | $5,225 | $223,900 |
| 5% down | $29,883 | $567,785 | $3,820 | $237 | $1,383 | $5,439 | $233,100 |
| 3.5% down (FHA) | $20,918 | $586,843 | $3,948 | $264 | $1,383 | $5,595 | $239,800 |
Assumes a 30-year fixed loan at 7.11%, property tax of 2.18% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in New Jersey · part of the New York metro area.
New Jersey counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Middlesex County | $579,852 | +3.1% | 2.1% |
| Hunterdon County | $627,345 | +3.0% | 1.93% |
| Union County | $627,890 | +2.3% | 1.89% |
| Hudson County | $636,059 | +1.5% | 1.77% |
| Ocean County | $551,299 | +4.8% | 1.65% |
| Somerset County | $656,346 | +2.7% | 1.81% |
| Essex County | $658,593 | +3.8% | 1.91% |
| Morris County | $701,797 | +3.9% | 1.72% |
| Sussex County | $445,283 | +2.7% | 2.32% |
| Mercer County | $439,984 | +0.2% | 2.36% |
Frequently asked questions
What is the average home price in Passaic County, NJ?
The typical home value in Passaic County is $597,668 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Passaic County?
About $197,100 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Passaic County?
The median effective rate is 2.18% of home value a year (Census ACS 2024 5-year estimates).