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North Caldwell borough, NJ

ZIP 07006 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 07006

Median Home Value
$667,300
Median Rent
$1,858
Affordability Snapshot
$184,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,287/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.5x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

29.9 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 07006 in North Caldwell borough, NJ, a household would need roughly $184,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $4,287. That is about 24% above the local median household income ($148,645), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
73.5%+12% vs US avg
x
Vacancy Rate
2.5%-76% vs US avg
x
Broadband Access
93.7%+8% vs US avg
x
4+ Bedrooms
11.1%-25% vs US avg
x
Built Pre-1939
7.7%-40% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
18.1%-64% vs US avg
x
Mortgage-Free
31.4%-18% vs US avg
x
$667,300
Home Value
$1,858
Rent
1960
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached65.1%
  • 1-unit attached5.0%
  • 2-9 units12.0%
  • 10+ units17.6%
  • Mobile home & other0.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$667,300
Median rent$1,858
Owner-occupied73.5%
Vacant2.5%
Price-to-income4.5x
Est. income to buy$184,000