Things to do
Condos in Paterson, New Jersey
Paterson, New Jersey, is an economically and culturally diverse city only thirty minutes away from the famous and iconic New York City. Paterson's proximity to nearby towns, and its source of rich opportunities, are vital factors in its popularity.
The choices are plentiful when it comes to real estate and condo living in Paterson. The urban-suburban dynamic of the city ensures that no matter who you are, college-age, young working professional, growing a family, or looking to retire, you will find a home to suit your lifestyle.
Always Something to Do, See and Experience
In Paterson, boredom is non-existent. Being close to major cities on every side ensures that day or night, weekday or weekend, there is something for you to do, see or explore. But in all fairness, you don't even need to leave the city's borders to have a good time.
Walking out your front door means stepping into a thriving cosmopolitan hub filled to the brim with retail options, state parks, restaurants, and so much more. But, besides the city vibes, it is also a beautiful destination snuggled in the Garden State, where luscious greenery and dense vegetation are the permanent landscape.
Originally known as Lenapehoking, the Acquackanonk Native American people were the first to inhabit this environment. After that, the Dutch laid claim to the land, followed shortly by the British, who proclaimed it the Province of New Jersey. Named after William Paterson, the Governor of New Jersey, the town of Paterson was founded in 1792. The year before, Alexander Hamilton formed the Society for Establishing Useful Manufactures, responsible for Paterson becoming the cradle of the industrial revolution in America. In the mid to late 1800s, Paterson moved from an Acquackanonk Township as part of Essex in 1831 to an incorporated city as part of Passaic County in 1837. It was then reincorporated as a city in 1861. The Great Falls was the primary industry source in Paterson's early days, successfully powering the water mills and expanding the city's economy. In the early 1900s, business people ushered in multiple industries, including textiles, firearms, silk, and railroad locomotive manufacturing. In the later 1900s, silk production took over as the dominant industry in Paterson. This period in its industrial history earned Paterson its nickname of the "Silk City." Paterson is known for the Art Deco Stadium, formerly known as the City Stadium. It was established in 1933 and used for many iconic football games, athletics competitions, boxing matches, and music concerts over the next few decades. Paterson Public Schools then acquired it in 1963. Unfortunately, it closed in 1996 after falling into disrepair. However, recently, there has been an initiative to restore the stadium. Paterson has weathered much suffering over the decades, from economic decline after World War II to natural disasters in the 1990s and early 2000s. For all this, the city has found ways to improve its economy and enhance the lives of its residents. Due to the city embracing cultural diversity, small businesses are on the rise, presenting many new job prospects to Paterson communities.
Things to do in Paterson
Things to do in Paterson
Here are a couple of delightful activities and locations to check out in Paterson to start your explorations:
Lambert Castle: This beautiful venue is an architectural wonder. It is exceptionally designed and open to the public for private functions but is primarily a Passaic Country history museum, with interesting period rooms and historical exhibits.
Toros Restaurant: For the best in Turkish and Middle Eastern cuisine, come to Toros. This unique restaurant serves everything from homemade hummus to its own freshly baked daily bread. Treat yourself to their delicious signature Turkish tea or coffee as the perfect end to your meal.
Patterson is a city in and the seat of Passaic County, in New Jersey. It occupies the bottom part of Passaic County, a hilly area with lakes and bodies of water dispersed across the region. The land totals 8.41 square miles, and 0.29 square miles of water make up this city, with the land area including many districts and residential areas. The city comprises more than 18 distinct areas, the Great Falls Historic District being the most famous. Downtown Paterson is the primary commercial section, while Eastside Park Historic District is a popular residential precinct. Paterson's residents spread out over the East River Section, Manor Section, South Paterson, Lakeview, Hillcrest, People's Park, Wrigley Park, Sandy Hill, Northside, Totowa Section, Stoney Road, Riverside, Bunker Hill, and Westside Park.
Paterson is New Jersey's third-largest city, with 144,150 people, with the population declining slightly over the last few years.
Paterson has many immigrants, with 40.6% of all people living in the city born outside of the U.S.
The city has a sizeable Hispanic ratio, of which 34.7% are classified as "other" (Hispanic), 21.8% White (Hispanic), 2.81% Multiracial (Hispanic), and Black/African American, 1.24% (Hispanic) making up 60.8% of the population, totaling 88,600 people.
Paterson's minority are non-Hispanic, of which 24.8% are Black/African Americans, 8.46% whites, 4.53% Asians, 1.01% multiracial, and 0.36% with the "other" classification.
The median age in Paterson is 33.5 years, with a higher female to male ratio, 51.40% and 48.60%.
Although housing is expensive in Paterson, it is still comparatively low for its location. Compared to the average cost of housing in New Jersey, it is 29.6% more affordable.
The city records an average household income of $56,398 and a poverty rate of 26.60. Data from May 2019 indicates that Paterson employs approximately 63,352 people.
Paterson's leading industry and source of employment is the government, although textile, retail, and tourism are thriving. In addition, the city's proximity to other larger ones is a source of diversification and business opportunities for Paterson's residents.
Arts in Paterson
Arts in Paterson
With a city as culturally diverse as Paterson, you can be sure that this has had a profound impact on all things art and entertainment-related. As a result, Paterson has non-stop activity, with shows, concerts, art events, and theatrical productions galore.
This city will keep you entertained, from family-focused attractions to nights out on the town. Whether you are looking for a laid-back vibe or a wild party, a bite to eat in a trendy hangout, or fine dining with the upper echelons of society, then it is all there, just outside your front door.
Schools in Paterson
Schools in Paterson
Paterson Public School District serves 25,059 students with 51 schools from grades PK-12. Approximately 1,940 teachers in the district translate into a student-to-teacher ratio of 13:1. On an elementary and middle school level, School 28, Charles J. Riley School 9, School 1, and Alexander Hamilton Academy are the top-ranking schools in the district, rated according to academic performance and equity. Similarly rated, International High School, Paterson Charter School for Science & Technology, and School of Earth and Space Science are highly recommended. As for higher education, William Paterson University of New Jersey and Passaic Community College are excellent institutions contributing various programs.
Make Paterson Your Home
With the abundance of opportunity, central location, good schools, and diverse communities, Paterson is a fabulous city in which to live. With its positive outlook for the future and appreciating housing values, your investment would be a sound one. We invite you to contact us to facilitate your move to a condo in Paterson, New Jersey.
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