The housing market in 07012 Clifton, NJ is currently thriving. The median house value is $501,500, which is 50% higher than the US median house value of $338,100. Moreover, the 1 year appreciation rate of 10.07% is slightly higher than the US average of 8.27%, indicating that housing in Clifton has been appreciating more quickly than the national average. Investing in real estate in this area is a sound decision and could pay off handsomely over time as prices continue to rise.
The median home cost in Clifton (zip 07012) is $501,500. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Clifton (zip 07012) is up 13.9%.
Average Age of Homes
- The median age of Clifton (zip 07012) real estate is 62 years old
The Rental Market in Clifton (zip 07012)
- Renters make up 38.9% of the Clifton (zip 07012) population
- 0.7% of houses and apartments in Clifton (zip 07012), 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.