Forgivable loan
City of Passaic First Time Homebuyer Assistance Program
First-time homebuyers · Income limits · Single Family · 2-4 Unit · Condo
Down payment assistance · Passaic County
Buying a home in Passaic, NJ
1 Passaic program and 19 statewide.Passaic has 1 program of its own, and 19 statewide. Here is what each one offers, what the local market looks like, and who near you can walk you through it.
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Only for Passaic addresses
Passaic’s own program
The Passaic marketThe Passaic housing market
Kinds of homes hereWhat’s for sale here, and what the programs accept
Kinds of homes in Passaic
- 15.5% single-familysingle-family
- 3.3% townhousetownhouse
- 36% 2–4 units2–4 units
- 44.8% 5+ unitscondo & apartment buildings (5+ units)
- 0.4% mobile & othermobile home & other
Condos count. Passaic’s one local program accepts condos.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.
When Passaic’s homes were built
pre-19401970s2020+
86.5%
of Passaic homes were built before 1980. Pre-1978 homes come with a federal lead-paint disclosure.of homes were built before 1980. A home built before 1978 comes with a federal lead-paint disclosure, and some programs require an inspection.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25034.
$139,100
County area median income, 4 people (HUD)HUD area median income, Passaic County, 4-person household (2026)
$55,371
Passaic median household incomeMedian household income in Passaic (Census, 2024)
21 of the 82 programs here set their income limit as a share of Passaic County’s area median income, adjusted for household size. See the published limits for Passaic County
Free help nearbyFree help near Passaic
36 HUD-approved counseling agencies within 15 miles36 HUD-approved housing counseling agencies within 15 miles
Passaic’s program asks for a homebuyer class first. Create a free account to see who’s near you and pick one.City of Passaic First Time Homebuyer Assistance Program asks for a homebuyer class. A HUD-approved counselor teaches it and can walk you through your options. Create a free account to see who’s near you and pick one.
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Across New Jersey and nationwide
81 statewide & federal programs19 statewide programs, plus federal options
Passaic questions
Does Passaic have its own down payment program?
Yes, one: City of Passaic First Time Homebuyer Assistance Program, a forgivable loan for first-time homebuyers (forgiven over 10 yrs, income limits). It is for homes inside Passaic.
Can I use assistance on a condo in Passaic?
Passaic’s one local program accepts condos. Each program’s page lists the kinds of homes it accepts, and the agency confirms it for the home you choose.
What is the income limit in Passaic County?
Each program sets its own. 21 of the programs here set theirs as a share of HUD’s area median income for Passaic County, adjusted for household size. HUD publishes the median each year; the 2026 figure is shown above and on the published limits page.
Where can I take a homebuyer class near Passaic?
HUD-approved housing counseling agencies teach homebuyer classes, and 36 agencies are within 15 miles of Passaic. Create a free account and take the 90-second match to see the ones near you.
ZIP codes
07055
Nearby in Passaic
Sources
Sources: agency sites (July–August 2026), Census ACS 2024 5-year, HUD FY2026, HUD counseling list. Hey Prescott is not a lender.Programs: Hey Prescott catalog of 2,000+ programs, each verified with its agency (July–August 2026). Market: U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Income: HUD FY2026 income limits. Counselors: HUD list of approved housing counseling agencies. Hey Prescott is not a lender.