Wanaque, New Jersey.
Typical home $506,822 (+1.0% in a year). New York-Newark-Jersey City, NY-NJ-PA metro.
to buy the typical home at today's mortgage rate — +$1,413 (+113%) since Jan 2020.
- 1 year
- Up $5,008 +1%
- $501,814$506,822 since Sep 2025
- 5 years
- Up $104,528 +26%
- $402,295$506,822 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.
- Wanaque$2,660
- New Jersey$3,019
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 15 years.
Typical home values in Wanaque, NJ rose 1.0% over the past year — in step with the nation.
Living in Wanaque, Passaic County, New Jersey
Wanaque is a borough of 11,317 people in Passaic County. Half its households earn more than $113,175 a year and half less, against $87,522 across Passaic County; 6% of its people live below the poverty line. 78% of its homes are lived in by their owners and 22% are rented. Unemployment in Passaic County was 5.5% in August 2026, and the county had 2.0% more 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 It can be wrong or out of date.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. Wanaque is a borough in Passaic County where most homes are lived in by their owners, and the population is older than in many towns. Household incomes run well above the county's, and fewer residents live below the poverty line than is typical elsewhere. A good share of adults hold a four-year degree, and a typical home is valued well above what many American households could comfortably afford.
Work. Residents work mainly in schools, hospitals and social care, followed by professional and business services, shops and the building trades. Across Passaic County, the largest workplaces include St. Joseph's University Medical Center, the Paterson Public School District and William Paterson University of New Jersey. Commutes are of middling length, and only a small number of people work from home.
Things to do. Winters are cold, with the coldest weather in January, and summers turn warm by July. Precipitation falls fairly evenly through the year, as both rain and melted snow. For days out, the Metropolitan Museum of Art and the American Museum of Natural History are well-known museums, and Central Park is a famous garden, each a longer drive away. The Statue of Liberty, a tourist attraction, is also a longer drive from town.
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- 4,401households
- 42%of adults have a degree
- 6%below the poverty line
- 30 mintypical commute
- 8%work from home
What residents work in
Employed residents by industry, from the Census survey. Passaic County had 174,268 jobs in 2025, 2.0% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 38° and lows near 20°; warmest in July, with highs near 84° and lows near 64°. About 48 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Wanaque Raymond Dam weather station, under a mile away (NOAA).
Largest workplaces in Passaic County
- St. Josephs University Medical CentGeneral hospital4,616FTE
- Paterson Public School DistrictSchool district3,667FTE
- Passaic City School DistrictSchool district2,050FTE
- Clifton Public School DistrictSchool district1,709FTE
- Wayne Township Public School DistrictSchool district1,420FTE
- William Paterson University of New JerseyUniversity or college1,246
- L3Harris TechnologiesAirborne navigational systems manufacturing1,200
- Passaic County Community CollegeTwo-year college1,178
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 213 workplaces with 20 or more staff, 26,636 people in all across the county; Wanaque has two of its own. Hospitals come from their Medicare cost reports (CMS, 2023), school districts from the Common Core of Data (NCES, 2023–24) and colleges from IPEDS (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
- Winter weatherRelatively moderate
- Strong windRelatively moderate
- LightningRelatively moderate
- Cold wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Wanaque’s 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 Passaic County and the New York-Newark-Jersey City, NY-NJ-PA metro.
Wanaque home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Wanaque$506,822
- New Jersey$575,123
- United States$366,157
Sellers are cutting prices on about 1 in 7 Wanaque listings, and the typical home goes pending in 20 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.
- Wanaque13.57%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
Not enough data to draw this yet.
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Wanaque56
New listings per month
Sellers arriving at the market.
- Wanaque21
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Wanaque$492,515
- United States$371,553
Zip codes with a Wanaque address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Wanaque — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Wanaque
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 07465 | Wanaque | 5,921 | — | $511,460 |
| 07420 | Haskell | 5,316 | — | $499,442 |