Paterson Homes under $1 million

Welcome to Paterson, New Jersey, a vibrant city nestled in the heart of Passaic County. Known for its rich history and diverse culture, Paterson is often referred to as the "Silk City" due to its historic silk industry that flourished in the 19th century. Today, it boasts a dynamic community where the past beautifully intertwines with the present, offering residents a unique blend of urban living and natural beauty.

One of the most appealing aspects of Paterson is its affordability, especially for those seeking homes under $1 million. The real estate market here features a variety of charming properties, from classic Victorian homes to modern townhouses, making it an attractive option for first-time buyers, families, and investors alike. With numerous listings available, you can find the perfect home that fits your budget without sacrificing comfort or style.

Paterson is also home to stunning parks, including the Great Falls National Historical Park, which showcases the breathtaking waterfalls that have captivated visitors for generations. The city’s diverse culinary scene and cultural events add to its charm, making it a vibrant place to call home.

Whether you're drawn to the historical significance, the affordability of homes, or the community spirit, Paterson offers a welcoming atmosphere that’s hard to resist. Explore the possibilities in this remarkable city and discover your dream home today!

Newest Paterson Homes under $1 million

$469,900

5 Beds ⋅ 3 Baths

2-Unit Multi-Family with Strong Cash Flow & Upside Potential. This income-producing 2-family property offers immediate rental income with additional upside in a convenient location. The building includes three separate units: a 3-bedroom, 1-bath first-floor unit, a 2-bedroom, 1-bath second-floor unit, and a finished 2-bedroom, 1-bath basement apartment ideal for maximizing rental potential. The basement unit adds further income potential, making this a strong opportunity for investors seeking both cash flow and future growth.Each unit features a functional living and kitchen layout, with refrigerators and microwaves included. The basement unit benefits from its own split AC system, while upper units utilize window units. There is no on-site parking, with street parking available, and a shared backyard area offers outdoor space for tenants. Whether you're expanding your portfolio or looking for a multi-unit with built-in upside, this property delivers a compelling mix of current income, tenant stability, and value-add potential.

94 Manchester Ave, Paterson

Listing courtesy of Listing Agent: Matthew Gevirtz () from Listing Office: EXP Realty, LLC.

$775,000

6 Beds ⋅ 4 Baths

94-96 22nd Ave, Paterson

Listing courtesy of Listing Agent: Maria Salgado Ramos () from Listing Office: United Real Estate.

$400,000

7 Beds ⋅ 3 Baths

15 Southard St, Paterson

Listing courtesy of Listing Agent: Stephanie Cruz () from Listing Office: Realty One Group Living.

$289,000

1 Beds ⋅ 1 Baths ⋅ The Loft Commons BLDG.

Welcome to The Loft Commons in South Paterson, where NYC-inspired loft living meets everyday convenience. This One-Bedroom, One-Bath condo features 15 foot ceilings, exposed brick, oversized windows and an open layout filled with natural light. The recently renovated kitchen adds a fresh, modern touch, featuring striking dark Dekton countertops. Their sleek finish complements the loft's industrial details, while the durable, easy-to-maintain surface makes the kitchen practical as it is beautiful. Enjoy access to NYC- bound transportation and route 80 and 46, plus South Paterson's vibrant Middle Eastern and Mediterranean dining scene. A rare opportunity to experience a distinctive loft in a location that connects you to it all.

366-382 Trenton Unit 4G, Paterson

Listing courtesy of Listing Agent: Melina M. Salazar () from Listing Office: Realty One Group Legend, Clifton.

$730,000

8 Beds ⋅ 5 Baths

Excellent opportunity for owner-occupants or investors! This well-maintained East Side Paterson property features 8 spacious bedrooms, 5 updated bathrooms, separate utilities, and functional layouts designed to maximize rental potential. Enjoy updated interiors, a fenced front yard, and close proximity to Route 80, Route 20, NJ Transit, shopping corridors, laundromats, schools, and everyday conveniences. Located within Paterson's Eastside Redevelopment District.

363-365 Summer St, Paterson

Listing courtesy of Listing Agent: () from Listing Office: Keller Williams Prosperity Realty.

$549,900

3 Beds ⋅ 3 Baths

This well maintained SF home offers the perfect combination of space, functionality and convenience. Located in the Lakeview section of Paterson and easy access to major highways, shopping centers, and public transportation. One of the home's standout features is its oversized detached garage. Much more than just a place to park your vehicles, this versatile space is perfect to be used as storage, warehouse, or countless other legal possibilities. The property sits on an exceptionally deep 150-foot lot, offering approximately 50 feet more depth than the typical neighborhood lot. Convenient access to Route 80, Route 19, Route 20, the Garden State Parkway, and other major highways, making commuting throughout North Jersey and into New York City simple.

254-256 Illinois Ave, Paterson

Listing courtesy of Listing Agent: Alexis Guilliani () from Listing Office: Century 21 A.G. Realty Group.

$550,000

5 Beds ⋅ 2 Baths

Excellent opportunity to purchase a 2 family in a highly desirable section of Paterson. Fully VACANT with HUGE upside potential. Large back yard. 3 bedrooms on first floor, 2 bedrooms on second floor. HUGE unfinished BASEMENT.

81 George St, Paterson

Listing courtesy of Listing Agent: Elias Christodoulakis () from Listing Office: Prominent Properties Sotheby's International Realty-Westfield.

$636,000

5 Beds ⋅ 2 Baths

Welcome to 417-419 East 40th Street, a spacious 5-bedroom, 2-bath home in Paterson with the updates and features buyers want. The main floor has a comfortable living room, a formal dining room for family dinners and holidays, and an eat-in kitchen with room for everyday meals. The sun room/den adds flexible space you can use as a home office, playroom, or a bright place to unwind. All five bedrooms are on the second and third floors, keeping sleeping areas private and separate from the main living space. That layout works well for large or multi-generational families. One bathroom has been partially updated. The finished basement gives you more living space for a family room, gym, or guest area. The new roof means peace of mind for years to come. Off-street parking is a real plus in Paterson, and this home has both a driveway and a garage. The location is convenient to local shops, schools, parks, and major commuter routes, with easy access to Routes 20, 80, and the Garden State Parkway. Only 30 minutes away from New York City. Space, parking, and a new roof make this one worth seeing. Schedule your private showing today!

417-419 40th St, Paterson

Listing courtesy of Listing Agent: Jorge Aviles () from Listing Office: Prominent Properties Sotheby's International Realty-Englewood Cliffs.

$549,000

2 Beds ⋅ 2 Baths

Duplex investment opportunity! Renovated in 2022, the property features two identical 1-bedroom, 1-bathroom units. Live in one unit and rent the other. Value-added potential with partially finished attic and basement. Large detached garage and driveway. Conveniently located near public transportation, shopping, and major commuter routes.

210-212 Temple St, Paterson

Listing courtesy of Listing Agent: Amalie Thomas () from Listing Office: Amalie Industries LLC.

$475,000

4 Beds ⋅ 3 Baths

Adorable Cape, definitely not a drive-by! Much larger than it appears from the street, this spacious home offers 4 bedrooms, 3 full bathrooms, and a fully finished basement on a 50 x 97 lot. The welcoming entry leads to a bright, cozy living room with an open flow into the dining area and kitchen, creating a comfortable space for everyday living and entertaining. The first floor features two generously sized bedrooms and a full bathroom. Upstairs, you will find two additional spacious bedrooms and another full bathroom. The finished basement adds valuable living space, featuring high ceilings, a large family room, summer kitchen, third full bathroom, and bonus room adjoining the utility and laundry area. This flexible space is ideal for storage, an office, recreation, or guests. Additional features include hardwood floors, central air conditioning, forced hot-air heat, a newer furnace, and a newer hot water heater. Enjoy the large backyard, perfect for gatherings, barbecues, entertaining, or relaxing outdoors. A large storage shed provides added convenience, while the covered side area offers comfortable outdoor space even on rainy days. The property also includes a driveway and is conveniently located near major highways, transportation, bakeries, restaurants, shopping, and other neighborhood amenities. With 4 bedrooms, 3 full bathrooms, a finished basement, driveway, and large backyard, this home is definitely worth seeing in person!

275-279 Dakota St, Paterson

Listing courtesy of Listing Agent: Ana M. Oti () from Listing Office: The Bixler Group, LLC.

$780,000

7 Beds ⋅ 4 Baths

Welcome to this well-maintained two-family home offering a versatile layout and excellent potential for both owner-occupants and investors. This property features two separate residential units, providing flexibility for extended family living or rental income. The home also includes a two-car garage, offering valuable off-street parking and additional storage. A finished attic provides extra usable space that can serve as a home office, recreation area, or storage, while the partially finished basement offers additional room with plenty of potential to customize according to your needs. Conveniently located in Paterson, the property is close to local shopping, dining, schools, public transportation, major roadways, and everyday amenities. Sold AS IS.

278 18th Ave, Paterson

Listing courtesy of Listing Agent: Alberto Sanchez () from Listing Office: Prestige Property Group - Montclair.

$525,000

4 Beds ⋅ 2 Baths

123 Wayne Ave, Paterson

Listing courtesy of Listing Agent: Gloria I. Gibbs () from Listing Office: Berkshire Hathaway Home Services Jordan Baris Realty - West Orange.

Start Your Search

board logo The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RJC & Associates LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: .
Source: New Jersey Multiple Listing Service, Inc.
“2026 New Jersey Multiple Listing Service, Inc. All rights reserved.”