Paramus, New Jersey.
Typical home $1,062,705 (+9.3% in a year), asking rent $5,472 . New York-Newark-Jersey City, NY-NJ-PA metro.
to buy the typical home at today's mortgage rate — +$3,133 (+128%) since Jan 2020.
- 1 year
- Up $90,445 +9%
- $972,260$1,062,705 since Sep 2025
- 5 years
- Up $286,257 +37%
- $776,448$1,062,705 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Paramus$5,578
- New Jersey$3,019
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 11 years.
Typical home values in Paramus, NJ rose 9.3% over the past year — faster than the nation's +1.2%.
Living in Paramus, Bergen County, New Jersey
Paramus is a borough of 26,698 people in Bergen County. Half its households earn more than $144,349 a year and half less, against $124,884 across Bergen County; 5% of its people live below the poverty line. 83% of its homes are lived in by their owners and 17% are rented. Unemployment in Paramus was 4.1% in August 2026, and Bergen County had 0.3% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Paramus is a borough in Bergen County where most homes are lived in by their owners, and residents are older on average than in much of the country. Incomes run above the county's, few households fall below the poverty line, and a majority of adults hold a four-year degree. Homes and rents are expensive, and winters are cold while summers are warm, with a fair amount of rain and melted snow through the year.
Work. Residents work mostly in schools, hospitals and social care, followed by professional and business services, banks, insurance and property, and shops. In Paramus itself, some of the largest workplaces are Bergen Community College, the Paramus Public School District and Macy's. Commutes are fairly long, and a good number of people work from home.
Things to do. MetLife Stadium is a short drive away and is a place to catch a game or a concert. Farther afield, a longer drive brings you to Central Park, a garden in the middle of the city, and to the Metropolitan Museum of Art, one of the best known museums in the country. The Statue of Liberty, a tourist attraction, is also a longer drive away.
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- 8,464households
- 52%of adults have a degree
- 5%below the poverty line
- 31 mintypical commute
- 22%work from home
What residents work in
Employed residents by industry, from the Census survey. Bergen County had 437,006 jobs in 2025, 0.3% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 40° and lows near 26°; warmest in July, with highs near 87° and lows near 69°. About 46 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Teterboro Airport weather station, 7 miles away (NOAA).
Largest workplaces in Paramus
- Bergen Community CollegeTwo-year college1,234
- Bergen County Special Services School DistrictSchool district928FTE
- Paramus Public School DistrictSchool district818FTE
- Bergen County Vocational Technical School DistrictSchool district548FTE
- Macy'sDepartment stores435
- IKEA #409 ParamusFurniture stores290
- Stew Leonard's ParamusGrocery stores282
- Careone at Ridgewood AvenueNursing care facilities259
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 26 workplaces with 20 or more staff, 3,720 people in all. Colleges come from IPEDS (NCES, 2023–24) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Inland floodingRelatively high
- EarthquakesRelatively moderate
- Winter weatherrelatively high in parts of ParamusRelatively moderate
- Strong windRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Paramus’ census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Bergen County and the New York-Newark-Jersey City, NY-NJ-PA metro.
Paramus home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Paramus$1,062,705
- New Jersey$575,123
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 7 Paramus listings, and the typical home goes pending in 24 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Paramus14.78%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Paramus24
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Paramus87
New listings per month
Sellers arriving at the market.
- Paramus28
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Paramus$1,159,467
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
Not enough data to draw this yet.
Zip codes with a Paramus address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Paramus — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.