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Passaic New Jersey Real Estate By Jennifer Hershey

Passaic New Jersey Real Estate

Passaic, New Jersey, is located in Passaic County, of , and 10 miles NW of New York, New York. Passaic has a population of 67,861.

Passaic Homes

Passaic properties pool is 19,458 residential properties including Passaic new homes. Median age of real estate in Passaic is 1945. Average Household size is 3.93 people. 5% are one bedroom homes, 30% are 2 bedroom homes, 35% are 3 bedroom homes, 19% are 4 bedroom homes, and 11% are 5+ bedroom homes.

Passaic Mortgage Statistics

Passaic mortgages vs. USA median statistics

Homes Passaic USA
Homes With No Mortgage 27%
30%
Homes With Mortgage 73%
70%
First Mortgage Only 57%
54%
First & Second Mortgage or HELOC 16%
16%

Passaic Area Real Estate Tax

Passaic Real estate Tax: Median Real Estate Taxes (2000) were $5,376 comparing to 1999 Median Family income $ 34,935. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Passaic School District: Children make up 30.8% of Passaic population. Passaic has 20,899 under 18 years old residents, or 0.84 kids per one worker, or 1.07 kids per one household.

Passaic Real Estate & Passaic Homeownership

There are 3891.6 or 20% one person households, 3891.6 or 20% two person households, and 3113.28 or 16% three person households in Passaic, New Jersey. Median residents age is 28.6, Senior citizens (65+) make up 5,513 or 8.1%% of Passaic population.

There are 24,806 workers (over 16 years of age) in Passaic. Of these, 66.34% drive to work. Approximately 18.67% of workers in Passaic take public transportation. An estimated 9.82% walk to work.

Median Passaic homeowner's housing expences are 25.7%

Crime in Passaic (2003), crimes per 10,000 residents per year

Type of Crime Passaic USA, 2003
Violent Crimes
113.47
47.5
Robberies
52.31
14.2
Aggravated Assaults
60.27
29.5
Property Crimes
307.54
358.8
Burglaries
47.6
74.0
Larceny-Thefts
175.36
241.5
Motor Vehicle Thefts
84.58
43.3

Invest in Passaic Properties

When making a decision about buying real estate in Passaic New Jersey area, you should consider following statistical data:

Category Passaic USA
Near Medium City
-
Near Large City
New York, New York
-
Passaic Zip Codes
07055
-
Passaic Area Codes
973
-
White population
35.43%
75.1%
African-American population
13.83%
12.3%
Asian
5.51%
3.6%
American Indian & Alaskan
0.78%
0.9%
Hispanic (of any race)
62.46%
12.5%
Median Family Income (1999)
$ 34,935%
$42,000
Population Below Poverty Level
21%
12.4%

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