Sandy Hill home values

Sandy Hill
Paterson, New Jersey · Neighborhood report
Median value $303K · ZIP 07505 · Values through Aug 2026

Sandy Hill at a glance

  • Sandy Hill shares ZIP-level data with nearby ZIPs in Paterson: median value $303,170, median rent $1,476/month.
Value score

Sandy Hill home value score

4.4
Value Score / 10
Census-based
from local value, rent & income

In nearby ZIPs in Paterson, rents are moderate relative to prices, and homes are expensive against local incomes.

How the Value Score is built

Rental yield4.1 / 10
Gross annual rent as a share of home value — 5.8% here. Higher means stronger cash flow.
Affordability4.7 / 10
Home value versus local income — 6.2× here. Lower is more affordable.

Computed figures

5.8%
Gross rental yield
6.2×
Price-to-income
−11%
Value vs U.S.

A transparent value snapshot — this ZIP has no ACS figures yet, so it uses nearby ZIPs in Paterson (U.S. Census ACS 2023): home value, gross rent and household income. It is not a market-timing or appreciation forecast.

Buying vs renting

What it costs to buy a home in Sandy Hill

$303K
Typical price
$61K
Down payment (20%)
$1,533
Monthly P&I
$1,476
Median rent

At the typical value of $303,170, a buyer putting 20% down ($60,634) and financing the rest at 6.5% over 30 years would pay about $1,533 a month in principal and interest — 38% of the median household income here. That is well above the common 28% guideline, so buying here typically takes an above-median income, a larger down payment or existing equity. The median rent is $1,476/month, so owning and renting cost about the same each month before taxes, insurance and upkeep.

Estimate only: excludes property tax, insurance, HOA and PMI, which vary by property. Incomes and rents are the latest Census (ACS 2023) figures. Run your own numbers in the estimator below.

Take-aways

What this means for buyers, sellers and investors in Sandy Hill

Buyers

At 6.2× local income, this is a premium market; expect competition for the few homes at the lower end of the range.

Sellers

Typical values here are 11% below the U.S. median; get a home-specific estimate before you list — condition and size move the number more than the area average.

Investors

A gross rental yield of 5.8% is middling — returns depend on buying below the typical price or adding value.

Nearby

Other neighborhoods in Paterson

NameHome value1-yrIncomeRentPrice / income
Downtown city data—————
Dublin ZIP 07501 · shared$304K−0.5%$41K$1,4427.5×
Eastside ZIP 07501 · shared$304K−0.5%$41K$1,4427.5×
Eastside Park city data—————
Great Falls Historic District city data—————
Hillcrest ZIP 07522 · shared$264K+3.9%$48K$1,4585.5×
Lakeview$387K+5.7%$64K$1,6066.0×
Manor Section city data—————
Northside ZIP 07522 · shared$264K+3.9%$48K$1,4585.5×
People's Park city data—————
Riverside$315K+7.8%$60K$1,6055.2×
Sandy Hill city data—————
Silk City ZIP 07522 · shared$264K+3.9%$48K$1,4585.5×
South Paterson (Little Istanbul) city data—————
Stoney Road ZIP 07501 · shared$304K−0.5%$41K$1,4427.5×
Totowa Section ZIP 07522 · shared$264K+3.9%$48K$1,4585.5×
Wrigley Park$360K+3.2%$50K$1,3867.2×

Home value, income and rent: Census ACS medians; 1-yr: Zillow ZHVI change over 12 months. Tap a column heading to sort.

Your home

What’s your Sandy Hill home worth?

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Estimates are informational only and are not an appraisal.

Methodology

About this data

Data last updated: September 2026.

Current values and trends use the Zillow Home Value Index (ZHVI) — the typical value of mid-tier homes, smoothed and seasonally adjusted — through Aug 2026. It is refreshed monthly.

Median values, incomes, rents, housing stock and commutes come from the U.S. Census Bureau’s American Community Survey (ACS) 5-year estimates at ZIP Code Tabulation Area level. City and state figures are population-weighted averages of their ZIPs.

The Value Score (0–10) blends gross rental yield and price-to-income affordability. It is a value snapshot, not a forecast.

Mortgage figures assume 20% down and a 6.5% fixed 30-year loan, principal and interest only.

These are area-level statistics, not an appraisal of any individual property, and not financial advice.

Sources: U.S. Census ACS · Zillow ZHVI.