East Hanover, NJ Housing

East Hanover, NJ is an affluent suburb in Northern New Jersey. The median housing value in the area is $651,200, which is much higher than the US median of $338,100. Over the past year, house appreciation in East Hanover has been 6.48%, lower than the national average of 8.27%. While property values are high in East Hanover, this area remains a desirable place to live and property values have held strong despite recent market fluctuations.

The median home cost in East Hanover is $651,200. Home appreciation the last 10 years has been 44.3%. Home Appreciation in East Hanover is up 12.1%.

Average Age of Homes

- The median age of East Hanover real estate is 43 years old

The Rental Market in East Hanover

- Renters make up 8.6% of the East Hanover population
- 0.0% of houses and apartments in East Hanover, 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	East Hanover, New Jersey	United States
	3,869.0	139,647,020.0
	41	42
	$651,200	$338,100
	12.1%	16.6%
	29.3%	57.0%
	44.3%	101.1%
	$22.02	$10.98
	$9,021	$2,690
	92.0%	57.4%
	1.9%	11.2%
	6.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.6%	2.4%
	0.2%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.6%	11.3%
	0.7%	13.0%
	0.0%	20.1%
	9.5%	13.6%
	17.2%	8.3%
	43.5%	9.7%
	26.0%	3.9%
	1.6%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.1%	13.6%
	4.1%	13.6%
	27.5%	13.6%
	15.9%	13.2%
	17.3%	14.8%
	27.5%	13.6%
	12.4%	10.0%
	1.9%	4.7%
	4.2%	12.2%