Paterson, NJ — income, home value, property tax, and sales tax.
In ZIP code 07465, near Paterson, homes carry a median value of $419,700 while the county's effective property tax rate sits at 2.18%. That combination implies a yearly property tax bill of roughly $9,150, a figure that lands harder or lighter depending on what a household brings in. Median household income here reaches $115,159, and per-capita income is $58,133, so the tax load consumes a meaningful share of earnings even at these income levels. Sales taxes add 6.62% to purchases. Buyers weighing a move into this ZIP should factor the property tax into their monthly carrying costs alongside the mortgage itself.
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