A single-family residence in Wallington has topped the list of the most expensive real estate sales in the Passaic area, fetching a remarkable $1.4 million. This sale is part of a broader trend observed between November 10 and November 23, 2023, during which a total of 13 residential properties changed hands. The average sale price during this period was $762,113, equating to approximately $304 per square foot.
Sales during this window reveal a diverse range of properties, showcasing various price points and characteristics. Below are the six highest-priced homes sold in the region, along with key details of each transaction.
Top Home Sales in Passaic Area
1. 143 Maple Ave., Wallington – $1.4 million
The most notable sale was for a spacious home at 143 Maple Ave., which was built in 1920. This property boasts a living area of 4,448 square feet, resulting in a price per square foot of $304. The deal was finalized on October 24.
2. 144 Marietta Ave., Passaic – $650,000
Another significant transaction involved a detached house at 144 Marietta Ave., which sold for $650,000. Constructed in 1930, this residence offers 1,560 square feet of living space, translating to a price per square foot of $417. The sale was completed on October 24.
3. 552 Paulison Ave. #554, Passaic – $542,000
A home located at 552 Paulison Ave. #554 sold for $542,000. Built in 1950, this property features 1,382 square feet of space, yielding a price per square foot of $392. This sale closed on October 7.
4. 145 Hayward Place, Wallington – $500,000
A single-family home at 145 Hayward Place has been sold for $500,000. This residence, constructed in 1900, includes 1,776 square feet of living area, with a price per square foot of $282. The deal was finalized on October 24.
5. 433 Highland Ave., Passaic – $420,000
Another property on the list is a single-family residence at 433 Highland Ave., which sold for $420,000. Built in 1930, it offers 1,470 square feet, resulting in a price per square foot of $286. The transaction was completed on October 14.
6. 85 Gregory Ave., Passaic – $375,000
Finally, a home at 85 Gregory Ave. sold for $375,000. This house, built in 1920, has a living area of 1,955 square feet, leading to a price per square foot of $192. The deal was finalized on October 24.
These sales highlight a competitive real estate market in the Passaic area, reflecting both the demand for larger homes and the escalating property values in the region. As the market continues to evolve, potential buyers and investors may find opportunities to engage in this vibrant community.
