Top 10 Most Expensive Home Sales in Paterson Area: May 18-24
10 most expensive homes sold in Paterson area, May 18-24
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During the week of May 18-24, 2023, the Paterson area saw 23 residential real estate sales totaling an average price of $545,952. The most expensive sale was a single-family home at 32 California Ave. for $1.5 million, with a living area of 5,040 square feet.
- 01The average price per square foot for homes sold was $290.
- 02The second most expensive property sold for $950,000 at 123 Belmont Ave., Unit 125.
- 03A total of 23 residential sales were recorded in the past week.
- 04The price range for the top 10 sales varied from $590,000 to $1.5 million.
- 05The property at 32 California Ave. had the largest living area at 5,040 square feet.
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In the week of May 18-24, 2023, the Paterson area recorded 23 residential real estate sales, with an average sale price of $545,952 and an average price per square foot of $290. The highest sale was a single-family home at 32 California Ave., Unit 34, which sold for $1.5 million, featuring a spacious 5,040 square feet of living space, translating to $298 per square foot. Following closely, the second highest sale was at 123 Belmont Ave., Unit 125, which fetched $950,000 for a 3,045-square-foot property. Other notable sales included a home at 776 E. 22nd Street for $800,000 and another at 25 Oak Street for $780,000. The list highlights the growing demand and competitive nature of the real estate market in Paterson.
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The high sales prices indicate a robust real estate market in Paterson, potentially affecting local property values.
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