Paterson, New Jersey combines metropolitan convenience with historical significance. Located 15 miles from New York City, this city features housing options from historic brownstones to contemporary apartment communities. The rental market remains steady, with average rents of $1,412 for one-bedroom units showing a modest annual increase of 2.5%. Two-bedroom apartments average $1,835, making Paterson a cost-effective alternative to surrounding metropolitan areas.
The Great Falls Historic District anchors the community, featuring the impressive Great Falls of the Passaic River - a National Historical Park that highlights the city's industrial heritage. The Paterson Museum, located in the former Rogers Locomotive Works building, preserves and showcases local history through industrial artifacts and exhibitions. South Paterson features Mediterranean and South American influences, with markets and cafes along Main Street and Market Street.
