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Hawthorne borough, NJ

ZIP 07506 — Housing & Real Estate

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

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 07506

Median Home Value
$499,200
Median Rent
$1,704
Affordability Snapshot
$137,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,207/mo PITI).

17%
Rent-to-Income Ratio

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

4.2x
Home Price-to-Income Ratio

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

24.4 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 07506 in Hawthorne borough, NJ, a household would need roughly $137,000 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 $3,207. That is about 16% above the local median household income ($118,093), 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
68.2%+4% vs US avg
x
Vacancy Rate
5.2%-49% vs US avg
x
Broadband Access
90.6%+4% vs US avg
x
4+ Bedrooms
3.8%-74% vs US avg
x
Built Pre-1939
12.0%-6% vs US avg
x
Built Post-2014
0.7%-89% vs US avg
x
Rent Burden >30%
13.3%-73% vs US avg
x
Mortgage-Free
35.8%-6% vs US avg
x
$499,200
Home Value
$1,704
Rent
1953
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached52.5%
  • 1-unit attached7.9%
  • 2-9 units32.2%
  • 10+ units7.3%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$499,200
Median rent$1,704
Owner-occupied68.2%
Vacant5.2%
Price-to-income4.2x
Est. income to buy$137,000