US5.com
  1. Home
  2. States
  3. New Jersey
  4. ZIP 07069
  5. Housing & Real Estate
Watchung borough, NJ

ZIP 07069 — 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 07069

Median Home Value
$838,000
Median Rent
$2,411
Affordability Snapshot
$231,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$5,383/mo PITI).

17%
Rent-to-Income Ratio

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

5.0x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

29.0 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 07069 in Watchung borough, NJ, a household would need roughly $231,000 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 $5,383. That is about 39% above the local median household income ($166,693), 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

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

Heating Fuel
Housing Metrics
Owner Occupied
87.6%+34% vs US avg
x
Vacancy Rate
4.1%-60% vs US avg
x
Broadband Access
91.9%+6% vs US avg
x
4+ Bedrooms
18.7%+27% vs US avg
x
Built Pre-1939
7.7%-40% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
18.4%-63% vs US avg
x
Mortgage-Free
52.8%+38% vs US avg
x
$838,000
Home Value
$2,411
Rent
1971
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 detached78.7%
  • 1-unit attached4.2%
  • 2-9 units5.1%
  • 10+ units12.0%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$838,000
Median rent$2,411
Owner-occupied87.6%
Vacant4.1%
Price-to-income5.0x
Est. income to buy$231,000