Zip 07050 (Orange, NJ) Housing

The city of Orange, NJ (07050) has an impressive housing market with a median value of $354,900 which is considerably higher than the US median value of $338,100. The 1 year appreciation rate in Orange is also higher than the national average at 10.07%, making it a desirable place to invest in property and potentially benefit from increases in value over time.

The median home cost in Orange (zip 07050) is $354,900. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Orange (zip 07050) is up 13.9%.

Average Age of Homes

- The median age of Orange (zip 07050) real estate is 61 years old

The Rental Market in Orange (zip 07050)

- Renters make up 66.5% of the Orange (zip 07050) population
- 1.3% of houses and apartments in Orange (zip 07050), 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	Orange, New Jersey	United States
	13,364.0	139,647,020.0
	62	42
	$354,900	$338,100
	13.9%	16.6%
	43.7%	57.0%
	66.2%	101.1%
	$34.68	$10.98
	$9,323	$2,690
	20.4%	57.4%
	7.1%	11.2%
	72.6%	31.4%
Vacant Housing
	1.3%	1.9%
	0.3%	0.4%
	0.8%	0.7%
	0.2%	0.4%
	0.0%	3.6%
	4.5%	4.1%
Value of Owner-Occupied Housing
	5.6%	2.6%
	1.3%	2.4%
	1.1%	2.8%
	0.0%	3.9%
	1.6%	4.5%
	10.7%	11.3%
	8.9%	13.0%
	36.2%	20.1%
	23.2%	13.6%
	6.9%	8.3%
	3.9%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.5%	13.6%
	3.5%	13.6%
	3.0%	13.6%
	5.9%	13.2%
	16.1%	14.8%
	3.0%	13.6%
	14.6%	10.0%
	9.8%	4.7%
	26.6%	12.2%

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