$410,129Average Value$322Average Price per Sq Ft2Homes For Sale
Hints of textile history in this riverside community
Old Great Falls is wrapped by park space and the Passaic River, giving it a quiet air that’s attracting new residents. The community’s namesake falls once supplied power to textile mills as Paterson became an industrial powerhouse, but today Old Great Falls is known for its cozy residential character. “It has an outdoorsy feel, which can pull in people trying to get away from the city,” says Fernando Leyva, a Realtor with Real Broker who’s been selling homes in New Jersey for seven years. “A lot of people from the Bronx, Brooklyn and Washington Heights are coming in.” Levya, like other local Realtors, says that Paterson is on the upswing, which certainly shapes this neighborhood just blocks from downtown. “Paterson has gone through a renaissance period, where the downtown is growing, and revitalization is occurring around the historic district,” says Nicholas Tselepis, a Realtor with Nicholas Real Estate who has 40 years of experience in Paterson. “It’s had problems in the past but is making a comeback.”
Commuters have Interstate 80 and Paterson train station
“Interstate 80 is what commuters in the neighborhood will use,” Leyva says. There’s an additional way this amenity benefits commuters, though. I-80 courses through the southern and eastern suburbs beyond downtown Paterson, but it’s in Old Great Falls that this major pathway meets Route 19 — which empties out near the Paterson train station. In addition to trains to New York City, the New Jersey Transit has routes to places like Hoboken, New Jersey, or Suffern, New York. Buses run along McBride Avenue on the neighborhood’s western face. The avenue forks at Grand Street, which is also served by buses. Given the residential grid that's small but makes up much of the neighborhood, the area is quite walkable. St. Joseph's University Medical Center in South Paterson is conveniently 2 miles to the east, while Newark Airport is about 20 miles south.
Small shops like La Llama Bakery bring the neighborhood together
Bars, bakeries, markets and restaurants are scattered throughout Old Great Falls, making them akin to neighborhood institutions associated with surrounding blocks, rather than being one eatery stuffed into suburban cluster. “You’ll see little grocery stores or mom and pop shops,” Leyva says. La Llama Bakery & Deli on McBride Avenue near the 31st Street Bridge offers Latin American sweet treats like tres leches cake and milhojas, which are stacks of puff pastry laced with cream. Il Barista Coffee House next door makes for a natural pairing. Farther up McBride, near downtown, Mexico Bar & Grill presents a vibrant, colorful interior for enjoying tacos and margaritas. Across the street is Avocado Eatery, an eclectic spot serving sushi, burgers and Spanish cuisine. For a more concentrated retail experience, plus access to a traditional supermarket, residents can drive 1 mile west to Center City Mall, which has a Price Rite grocery store.
La Llama Bakery is a great local spot for lunch or shopping for Peruvian grocery items.
Have a margarita at Mexico Bar & Grill in Old Great Falls.
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Admire the namesake falls from an observation deck
The Paterson Great Falls Observation Deck offers a way to catch peaceful views while relaxing on the north side. It's part of Paterson Great Falls National Historical Park, which features guided walking tours. But if locals want to take a dip in water, they can just walk down to Upper Raceway Park and dive into Lou Costello Pool. Pennington Park further west is more suited to athletic activity, whether that’s baseball, football or soccer. There’s also a playground. In 2024, city officials applied for a federal grant, in order to build a flood wall along the Passaic and protect the park. The nearly 600-acre Garret Mountain Reservation on the east end is geared for hikes, including one path that goes around a pond. Uniquely, the reservation also contains an equestrian center and Lambert Castle, a hulking sandstone and granite building commissioned by a silk-mill titan.
Enjoy the serene surroundings at Great Falls National Park in Old Great Falls.
One of the main attractions of Garret Mountain Reservation is it's stunning view.
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Townhouses, colonials and multi-family homes
Housing styles are in line with the neighborhood’s history. “This has been a place for working-class families,” Leyva says. “There’s still a big rental community here, and lots of multifamily homes.” Two-bedroom townhouses will be priced between $345,000 and $415,000. Some of these can be multilevel properties with modern finishes and appliances. But single-owner homes can also begin at that upper mark, stretching from $415,000 up to $700,000. Often these are four-bedroom multistory homes that appear in a variety of light or pastel colors, with a dressed-down boxy frame suggesting colonial influence. Some may also have a front yard, while others may meet the sidewalk. Multifamily homes, which sometimes have as many as eight bedrooms, can sell in the $900,000 to $950,000 range.
Homes date back to the turn of the 20th century in Old Great Falls.
Two-family homes are common in Old Great Falls.
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Engineering studies at International High
Students in kindergarten through 5th grade can go to Paterson School 7, which has a 14-to-1 student-teacher ratio and earns a C-minus rating from Niche. International High earns a B-minus rating and is known for various International Baccalaureate programs, including one that places students on a career track toward civil or electrical engineering. The neighborhood also contains the Paterson Arts & Science Charter School, a C-rated institution that covers kindergarten through high school. Montclair State University is roughly 4 miles south of the neighborhood.
International High School educates approximately a total of 694 students in an academic year.
Paterson School No. 7 sits in the Old Great Falls district of the city.
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Industrial history at Paterson Museum
Paterson Museum is an educational resource for learning about the first planned industrial city in America. Visitors are immersed in a building that once manufactured steam locomotives. More history awaits at Hinchcliffe Stadium, one of the last remaining Negro League stadiums in the country. A minor-league baseball team continues to play there.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Jose Trinidad,
an experienced agent in this neighborhood.
Parks in this Area
William Carlos Williams Community Park
Paterson Great Falls National Historical Park
Pennington Park
Lou Costello Memorial Park
Federici Park
Garret Mountain Reservation
Basketball
Fishing
Picnic Area
Mary Ellen Kramer Park
Transit
Airport
Newark Liberty International
26 min drive
Bus
Grand St & Henderson St
Bus
Grand & Nagle Sts, Paterson
Bus
Grand St & Morris St
Bus
Grand St & Rockland St
Bus
Murray Ave & Dayton St
Bus
Grand St & Spruce St#
Bus
Grand St & Reservoir Ave
Crime and Safety
1 - Low Crime, 10 - High Crime
Old Great Falls
US
Homicide
4
4
Sexual Assault
4
4
Assault with Weapon
4
4
Robbery
5
4
Burglary
3
4
Motor Vehicle Theft
4
4
Larceny
3
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Old Great Falls, Paterson sell after 34 days on the market compared to the national average of 47 days. The average sale price for homes in Old Great Falls, Paterson over the last 12 months is $399,532, up 19% from the average home sale price over the previous 12 months.
Step into comfort and convenience with this well-kept 2-bedroom, 2-bath condo offering a bright, open layout and lovely front-to-back views. Nestled just blocks from scenic Garret Mountain, this home combines tranquility with unbeatable access to major highways including Routes 80, 46, 3, and 23—a true commuter’s dream! The primary bedroom includes its own en-suite bath and plenty of closet
Welcome home to this spacious 4 bed, 2 bath bi-level home in highly desirable neighborhood of Paterson near the Woodland Park border. Home features large rooms, high ceilings, and custom flooring throughout. Large kitchen with 2 separate dining areas. Home also features central air conditioning as well as a 1-car attached garage. 2-car driveway. Brand new utilities installed 12/23. Possible
Ideal for owner-occupants or investors live in one, rent the other! This rare property offers two fully reimagined homes on one lot, each offering parking, separate utilities, and fenced yards. The front home is a legal two-family with 2 bright, open floor plans offering 2 spacious bedrooms, 1-bath units. Freshly painted with sleek tile backsplashes and filled with natural light, both units are
Prime development opportunity. This unique 0.92-acre property, surrounded by townhouses, offers incredible potential for redevelopment or investment. The 2 lots offer; bi-level home with an attached 2-car garage, A separate 2 bedroom apt with an oversized attached garage. An additional oversized double garage width that extends providing expansive space for various purposes such as a
Welcome to 342 Caldwell Avenue, Paterson ? where space, comfort, and value come together!This charming single-family home features 3 generously sized bedrooms and 1.5 bathrooms, perfect for those seeking both functionality and room to grow. The spacious layout offers an inviting living area with plenty of natural light, and a well-appointed kitchen ready for your personal touch.Upstairs, you?ll
Property Id: 1828289Experience modern living in this beautifully renovated 3-bedroom, 1-bath apartment. Featuring an open-concept living and dining area, this home is filled with natural light from large windows and offers a sleek, contemporary feel. Enjoy brand-new stainless steel appliances in the stylish kitchen, ample closet space throughout, and the convenience of an in-unit laundry
Located on a quiet street in a quiet neighborhood, this beautiful apartment features 3 bedrooms and 2 bathrooms. The master bedroom has an attached bathroom. The apartment is freshly painted, with a grand fireplace in the living room. The apartment is well-lit, with lots of natural sunlight through several windows in each room. The living room offers views of the valley below and hills on the
Two bed, One bath brand new construction. Amenities include, rooftop lounge, rec room, workout room, laundry in unit, covered parking and balconies. Targeting 11/1 move in date
Interested in learning more about homes in this area?
Reach out to
Jose Trinidad,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
4,896
Median Age
36
Population Density
12 ppl/acre
Population under 18
26.8%
On par with the national average
23.8%
Population over 65
13.2%
Below the national average
19.1%
Finances
Median Household Income
$70,453
On par with the national average
$71,702
Average Household Income
$79,511
Education and Workforce
High School Graduates
78.3%
Below the national average
89.1%
College Graduates
17.3%
Below the national average
34.1%
Advanced Degrees
4.3%
% Population in Labor Force
66.7%
Weather
Annual Precipitation
44''
Average Winter Low Temperature
23°F
Average Summer High Temperature
85°F
Annual Snowfall
17''
Area Factors
Somewhat Bikeable
Bike Score®
20/ 100
Car-Dependent
Walk Score®
23/ 100
Some Transit
Transit Score®
49/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
