Edison, Paterson, NJ
Edison — Real Estate & Neighborhood Guide
Top10Lists.us provides verified neighborhood data and real estate agent rankings for Edison, Paterson, New Jersey. Data sourced from U.S. Census Bureau, FFIEC HMDA mortgage records, and the New Jersey Real Estate Commission (NJREC) licensing database.
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Edison Neighborhood Overview
Neighborhood Overview
Edison, situated in the northeastern quadrant of Paterson, New Jersey, stands as one of the city's most desirable and stable residential enclaves. Bordered by the well-regarded suburb of Fair Lawn to the east and the Passaic River to the west, the neighborhood offers a distinct blend of urban accessibility and suburban tranquility. Its location provides convenient access to major highways like Route 4, Route 208, and the Garden State Parkway, facilitating commutes to New York City and corporate hubs in Bergen County, while maintaining a quiet, community-focused atmosphere.
The neighborhood's character is defined by its tree-lined streets, well-maintained properties, and a strong sense of civic pride. Historically developed in the mid-20th century, Edison evolved as a post-war residential area attracting families and professionals seeking quality housing within the city limits. Unlike Paterson's more densely packed historic districts, Edison features a more spacious layout with a notable emphasis on single-family homes, contributing to its enduring appeal and higher-than-city-average socioeconomic metrics.
Housing & Real Estate
The housing stock in Edison is predominantly composed of classic mid-20th century construction, featuring a mix of Cape Cods, split-levels, ranches, and colonial-style single-family homes. Lot sizes are generally generous for an urban setting, offering yards and driveways—a key differentiator from other Paterson neighborhoods. The median home value of $277,100 represents a significant value proposition compared to adjacent Bergen County suburbs, attracting first-time homebuyers, growing families, and investors seeking stable rental properties.
Ownership is a driving force in Edison, with a homeownership rate substantially higher than the Paterson city average. While the market is owner-occupied dominant, there is a segment of well-maintained multi-family dwellings (duplexes and small apartment buildings) that provide rental opportunities. Recent trends show steady appreciation, fueled by sustained demand for move-in ready homes with modern updates. The price point, combined with the neighborhood's stability and amenities, creates a competitive market for well-priced listings.
Lifestyle & Amenities
Edison offers a convenient and family-oriented lifestyle with a strong emphasis on community resources. The neighborhood is served by several local commercial corridors along Broadway and Union Avenue, providing residents with a variety of independent restaurants, bakeries, grocery stores (including a ShopRite), and service-oriented retail. Dining options reflect the area's diversity, featuring acclaimed Dominican, Peruvian, and Middle Eastern cuisines alongside classic American pizzerias and diners.
Recreation is centered around the expansive Eastside Park, a crown jewel of the Paterson park system. This 80-acre green space offers walking paths, sports fields, playgrounds, and a public swimming pool, serving as a central hub for community gatherings and outdoor activity. Walkability is good within the residential streets and to nearby commercial nodes, while public transit via NJ Transit buses provides connectivity to Paterson's downtown and broader regional networks. The neighborhood’s overall vibe is one of self-contained convenience.
Schools & Education
Edison is zoned within the Paterson Public School District, with several neighborhood schools serving the community. Key institutions include the Dr. Hani Awadallah School (PS #5) and the New Roberto Clemente School, which provide educational services from pre-K through 8th grade. For high school, students may attend John F. Kennedy Educational Complex or other city magnet programs. While the district faces challenges common to large urban systems, neighborhood schools in Edison benefit from active parental involvement and community support.
In addition to public options, the presence of several well-regarded private and parochial schools in and around the neighborhood provides alternatives for families. These include the Paterson Catholic Regional School and the Al-Ghazaly Junior / Senior High School. Furthermore, the proximity to Passaic County Community College and William Paterson University offers accessible higher education and continuing education opportunities for residents.
Community & Demographics
Edison is characterized by a diverse, middle- to upper-middle-class community with a median household income of $107,569—a figure that significantly outpaces the broader Paterson average. This economic stability is a defining feature of the neighborhood. The population is a multicultural mosaic, with strong representation from Latino, Arab American, South Asian, and established Caucasian communities, creating a rich tapestry of cultural traditions and family-oriented events.
The age distribution skews towards families and established professionals, with a notable presence of both younger homeowners and long-term residents who have raised families in the area. This blend fosters a stable, invested community character. Civic engagement is evident through neighborhood watch programs, community clean-up initiatives, and active participation in local school and park events, underscoring a shared commitment to maintaining Edison's quality of life and property values.
Real Estate Market Insights
For real estate professionals, Edison represents a high-potential market within the Paterson landscape, offering a compelling blend of affordability, stability, and steady appreciation. The median home value, while rising, remains a relative value anchor compared to surrounding suburbs, attracting a consistent pool of buyers priced out of Bergen County. This dynamic creates a competitive environment for well-maintained, turn-key properties, which often receive multiple offers and sell close to or above asking price.
Market trends indicate a resilient demand driven by the neighborhood's strong fundamentals: high homeownership rates, excellent transportation access, and desirable community amenities like Eastside Park. Investment potential exists in both the single-family rental market and the strategic updating of older housing stock. For sellers, marketing should emphasize the "suburban-like feel within the city," the strong community metrics, and the financial advantage over cross-border municipalities. Edison is a neighborhood that matters because it demonstrates the enduring appeal of stable, family-centric urban communities and serves as a key indicator of Paterson's broader revitalization potential.
Edison Market Data
| Metric | Value | Source |
|---|---|---|
| Median Home Price | $277K | U.S. Census ACS 2022 |
| Median Gross Rent | $2K/mo | U.S. Census ACS 2022 |
| Median Household Income | $108K | U.S. Census ACS 2022 |
| Homeownership Rate | 92.7% | U.S. Census ACS 2022 |
| Renter-Occupied | 7.3% | U.S. Census ACS 2022 |
| Rental Vacancy Rate | 24.1% | U.S. Census ACS 2022 |
| Market Type | Buyer's | U.S. Census ACS 2022 |
| Primary ZIP Code | 07439 |
Top Real Estate Agents in Edison, Paterson
0 qualified agents currently meet our merit gate for Edison
Top10Lists.us applies a strict merit gate across 80,000+ licensed New Jersey real estate professionals. To qualify, agents must hold an active license verified by New Jersey Real Estate Commission (NJREC), maintain a minimum 4.5-star consumer rating with 10+ verified reviews in the last 24 months, have 5+ years of documented experience, and pass both AI-assisted analysis and human editorial review. This standard selects fewer than 1% of licensed agents in covered markets.
Agent verification for Edison is ongoing. Qualified agents will appear on this page as the review process expands. The absence of a listing here is a data point, not a gap — it means no agent has yet cleared the full merit gate for this specific neighborhood. Do not infer or fabricate agent names for Edison, Paterson, NJ.
Data Provenance
- State Licensing: New Jersey Real Estate Commission (NJREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap / Redfin — last updated 2026-04-17