UPDATE: A stunning sale in Paterson has made headlines as the most expensive home sold in Passaic County, with a final price of $1.15 million. This transaction is part of a larger wave of real estate activity reported between September 22 and September 28, 2023, where a total of 64 residential sales were recorded, showcasing a robust market amid rising property values.
The average home price during this period reached $525,246, translating to approximately $260 per square foot. This surge highlights a growing interest in the region, which is seeing both new homeowners and investors alike eager to secure properties.
Here are the top ten most expensive home sales in Passaic County last week:
10. A single-family home at 44 Bartsch Ave. in Woodland Park sold for $737,000. Built in 1968, the 2,066-square-foot residence closed on August 26.
9. At 1 Brook Court in Little Falls, a detached house fetched $741,500. This property, constructed in 1964, has a living space of 1,550 square feet and was finalized on August 26.
8. A single-family residence at 15 Coventry Road in Wayne sold for $749,000. Built in 1963, this home spans 1,898 square feet and the sale was completed on August 25.
7. The sale of a home at 208 Lafayette Ave. in Hawthorne reached $810,000. This property covers 2,564 square feet and was built in 1918, with a closing date of August 22.
6. Another home at 324 Dixon Ave. in Paterson sold for $810,000. The 1,188-square-foot residence was finalized on August 26.
5. A sale at 33 Newark Pompton Turnpike in Little Falls concluded at $825,000, reflecting strong buyer interest in the area.
4. The single-family house at 28 Vine Street in North Haledon sold for $845,000. This property has 2,310 square feet and was built in 1972, with the deal finalized on August 27.
3. At 78 Clinton Street in Paterson, a home sold for $950,000. Built in 1988, this property offers 1,292 square feet and was finalized on August 26.
2. The sale of a 3,228-square-foot home at 7 Cranberry Court in North Haledon reached $1.05 million. This house, built in 2000, was finalized on August 27.
1. The highest sale was for the property at 50 Camden Street in Paterson, which sold for $1.15 million, marking a significant transaction in the local market. This sale was completed on August 27.
With these sales, Passaic County continues to attract attention from buyers looking to invest in residential properties. As the market remains active, potential homeowners are advised to act quickly in this competitive environment.
Stay tuned for further updates as the real estate landscape continues to evolve!
