Riverside Eviction Risk: High , Paterson

Housing insecurity runs 40.1% against 14.2% nationally. Against the Passaic County average of 6.7, this tract reads riskier for landlords by 2.6 points. The dominant input is court filing pressure at 9.1/10.

90% of occupied units are rented, so comparables are plentiful and vacancy risk is low, but a mispriced renewal loses the tenant to a building nearby. 27% are severely burdened past the 50% mark. That cohort absorbs no shock: one repair bill or one cut shift converts straight into arrears.

Running cool, supply constraint reads 1/10. Annualized rent equals 38% of average household income of $38,198, past the 30% affordability line, which thins the margin any screening standard has to work with.

The poverty rate is 32%. Judgments in high-poverty tracts are collectible far less often than filing counts suggest. Against Passaic County at 49.2%, 59% of renters here are cost-burdened.

On the high side, rent-regulation exposure reads 8/10. At $1,213 a month, rents run 22% under what the rest of Paterson commands. Princeton eviction risk's Eviction Lab logged 759 filings here across 5 tracked years.

The worst year on record was 2018, when 23.8% of renter households were served. In a typical year about 18.2% of renter households face a filing.

These are ACS 5-year estimates; the score moves when the ACS, court-record, or statute inputs behind it move.