Housing & Real Estate — Paramus, New Jersey

Overview

Total Housing Units8,898
Occupied8,420
Vacant478
Owner-Occupied6,877
Renter-Occupied1,543
Median Home Value (Census)$813,900
Estimated 2026~$874,000
Median Rent$2,845/mo
Median Property Tax$10,001/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityexpensive
Rent as % of Income23.7%
Severely Rent-Burdened52.8%

Housing Age

Built 2010 or later688
Built 2000-2009698
Built 1990-1999584
Built before 19603,998
Median Year Built1961
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.