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, NJ

ZIP 07044 — Housing & Real Estate

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

Wealthy AreaLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 07044

Median Home Value
$595,000
Median Rent
$1,866
Affordability Snapshot
$164,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,822/mo PITI).

14%
Rent-to-Income Ratio

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

3.7x
Home Price-to-Income Ratio

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

26.6 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 07044 in NJ, a household would need roughly $164,000 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 $3,822. That is roughly in line with the local median household income ($159,044). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
77.8%+19% vs US avg
x
Vacancy Rate
2.6%-75% vs US avg
x
Broadband Access
90.3%+4% vs US avg
x
4+ Bedrooms
7.3%-51% vs US avg
x
Built Pre-1939
9.5%-26% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
21.3%-57% vs US avg
x
Mortgage-Free
38.9%+2% vs US avg
x
$595,000
Home Value
$1,866
Rent
1953
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

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

  • 1-unit detached62.0%
  • 1-unit attached2.5%
  • 2-9 units13.1%
  • 10+ units22.4%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$595,000
Median rent$1,866
Owner-occupied77.8%
Vacant2.6%
Price-to-income3.7x
Est. income to buy$164,000