Comprehensive market data and analysis• Updated Dec 2025
25.3 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 6 | 22 | 61 |
| 1-2 acres | - | - | 2 | 4 |
| 2-5 acres | - | - | 4 | 5 |
| 5-10 acres | - | - | 2 | 3 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 6 | 31 | 74 |
Acreage buckets
The median price for land in Passaic County, New Jersey is currently $1.0M per acre. For a typical parcel, the median sale price is $150K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $65K while premium lots reached $770K.
Passaic County, New Jersey is currently a strong buyer's market with 25.3 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 66.1% year-over-year.
Passaic County, New Jersey currently has 25.3 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The current absorption rate in Passaic County, New Jersey is 4.0% (3-month basis), indicating slow demand. With depreciating values (-66.1% YoY), buyers may find value opportunities. The top-performing broker in this market is Howard Hanna Rand Realty.
Land in Passaic County, New Jersey averages $2.3M per acre. The median price per acre is $1.0M, which may be more representative of typical transactions. Most parcels sold are around 7,703 sq ft.
The median land price in Passaic County, New Jersey stands at $150K. This translates to roughly $1.0M per acre for the typical parcel size. The average price is $707K, indicating some higher-priced properties pulling up the average.
The 3-month absorption rate in Passaic County, New Jersey is 4.0%. The 12-month rate is 10.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
