Passaic County Sees 38 Home Flips with Average Gross Profit of $198K in July 2026
Passaic County, New Jersey, recorded 38 residential home flips over the trailing 12-month period ending July 2026, signaling a distinct pace for real estate investors in the region. These flipping activities generated an average gross profit of $198,000 per property, alongside a gross ROI of 43.1% for investors. The average time for these properties to be bought and resold, known as the average days to flip, stood at 231 days, according to BatchData's Flip Activity Report. This data offers a snapshot of the current landscape for real estate investing within the county.
County Overview: Flip Activity in Passaic County
Investors engaging in real estate flipping in Passaic County during the specified period achieved a substantial average gross profit of $198,000 per flip. This figure represents the difference between the prior purchase price and the most recent resale price, before accounting for renovation, holding, or selling costs. The associated gross ROI of 43.1% further highlights the potential for significant returns on capital for successful projects within the county. For investors evaluating market opportunities, this gross ROI provides a key indicator of margin strength, even as it signals the pre-cost profitability of such ventures.
The 38 homes flipped in Passaic County over the past 12 months underscore a moderate level of investor activity. These properties were held for an average of 231 days before being resold, indicating that successful flip projects in this market typically involve a holding period of around seven to eight months. This holding duration can influence capital allocation strategies for investors, particularly those balancing quick turns with more extensive renovation timelines. Understanding these metrics is crucial for those considering entry into the Passaic County market, allowing for informed decisions on potential project timelines and financial projections.
Local Market Context and Investor Implications
Passaic County's flip activity places it at #21 out of 21 counties in New Jersey, accounting for 0.5% of the state's total residential flips. The county's 38 flips contrast sharply with the broader state total of 8,043 flips and the national total of 341,944 flips during the same period. This low volume suggests that Passaic County represents a significantly smaller segment of the overall flipping market compared to other areas within New Jersey and across the nation. For investors, this could imply less direct competition for potential flip properties, but also a more limited inventory of suitable homes.
The distinct profile of Passaic County, with its lower flip volume, suggests a market that diverges from the structural trends seen in higher-volume state and national markets. While the average gross profit of $198,000 and gross ROI of 43.1% are notable for individual projects, the overall scarcity of flips indicates that Passaic may not be a primary target for institutional or large-scale investors seeking high-volume turnover. Instead, it may appeal more to local mom-and-pop landlords or individual investors focused on specific, targeted opportunities. The average 231 days to flip also points to a market where projects might require a more measured approach, rather than extremely fast capital turns.
For investors leveraging property data to identify opportunities, Passaic County's flip activity data suggests a need for granular market analysis. While the raw count of 38 flips is low, the strong average gross profit and ROI figures for those successful projects highlight that profitable opportunities exist for those with precise sourcing and execution strategies. Utilizing tools like property search and assessor data could be critical for identifying the specific properties that align with these profitable trends. BatchData's market reports dashboard offers a broader view for comparing such localized trends with state and national benchmarks, enabling investors to place Passaic County's performance in a wider context and refine their investment thesis.