Zip 07082 (Towaco, NJ) Housing

The housing market in 07082 Towaco, NJ is booming. The median value of houses in the area is an impressive $669,000, which is almost double the US median house value of $338,100. This indicates a strong local economy and is further supported by the 1 year house appreciation rate of 10.07%, which is higher than the US average of 8.27%. This suggests that housing values will continue to increase in the near future making Towaco an attractive place to invest in real estate.

The median home cost in Towaco (zip 07082) is $669,000. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Towaco (zip 07082) is up 13.9%.

Average Age of Homes

- The median age of Towaco (zip 07082) real estate is 48 years old

The Rental Market in Towaco (zip 07082)

- Renters make up 4.6% of the Towaco (zip 07082) population
- 0.0% of houses and apartments in Towaco (zip 07082), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Towaco, New Jersey	United States
	2,116.0	139,647,020.0
	52	42
	$669,000	$338,100
	13.9%	16.6%
	43.7%	57.0%
	66.2%	101.1%
	$22.02	$10.98
	$10,001	$2,690
	91.9%	57.4%
	6.4%	11.2%
	1.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.7%	0.7%
	2.9%	0.4%
	1.9%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.6%	2.8%
	1.3%	3.9%
	1.0%	4.5%
	1.3%	11.3%
	0.0%	13.0%
	2.3%	20.1%
	8.6%	13.6%
	32.2%	8.3%
	29.8%	9.7%
	15.7%	3.9%
	6.5%	2.2%
	0.7%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.7%	13.6%
	4.7%	13.6%
	18.6%	13.6%
	11.0%	13.2%
	11.5%	14.8%
	18.6%	13.6%
	18.3%	10.0%
	4.9%	4.7%
	10.8%	12.2%

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