Forgivable loan
First-Time Homebuyer's Program
First-time homebuyers · Income limits · Single-family detached · Townhome · Condominium
Down payment assistance · Passaic County
Buying a home in Paterson, NJ
2 Paterson programs and 19 statewide.Paterson has 2 programs 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 Paterson addresses
Paterson’s own programs
Down-payment assistance
Passaic County Habitat for Humanity Homeownership Program
First-time homebuyers · New construction · Income limits · single_family · condo
Neighboring cities
1 program for homes in nearby cities
1 more program is for homes in Passaic. See them 1 program in neighboring cities — for homes inside those cities, not Paterson
- Passaic — City of Passaic First Time Homebuyer Assistance Program
The Paterson marketThe Paterson housing market
Kinds of homes hereWhat’s for sale here, and what the programs accept
Kinds of homes in Paterson
- 15.9% single-familysingle-family
- 4.2% townhousetownhouse
- 54.6% 2–4 units2–4 units
- 25.2% 5+ unitscondo & apartment buildings (5+ units)
- 0.1% mobile & othermobile home & other
Condos count. All 2 of Paterson’s local and county programs accept condos.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.
When Paterson’s homes were built
pre-19401970s2020+
76.7%
of Paterson 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)
$55,997
Paterson median household incomeMedian household income in Paterson (Census, 2024)
21 of the 83 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 Paterson
23 HUD-approved counseling agencies within 15 miles23 HUD-approved housing counseling agencies within 15 miles
2 programs here ask for a homebuyer class first. Create a free account to see who’s near you and pick one.All 2 local programs here ask 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
Paterson questions
Does Paterson have its own down payment program?
Yes, 2: First-Time Homebuyer's Program and Passaic County Habitat for Humanity Homeownership Program. Each is for homes inside Paterson.
Can I use assistance on a condo in Paterson?
All 2 of Paterson’s local and county programs accept 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 Paterson?
HUD-approved housing counseling agencies teach homebuyer classes, and 23 agencies are within 15 miles of Paterson. Create a free account and take the 90-second match to see the ones near you.
ZIP codes
07501 · 07502 · 07503 · 07504 · 07505 · 07509 · 07510 · 07513 · 07514 · 07522 · 07524 · 07533 · 07543 · 07544
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.