Montvale, NJ Housing


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Montvale, NJ is a great place to live with its housing median value being $710,000. This is significantly higher than the US median house value which sits at $338,100. In addition to its high value, Montvale has also seen an impressive 10.32% increase in house appreciation over the last year compared to the 8.27% US average. This makes it an attractive option for anyone looking to invest in housing in the area.

The median home cost in Montvale is $710,000. Home appreciation the last 10 years has been 52.1%. Home Appreciation in Montvale is up 9.0%.

Average Age of Homes
- The median age of Montvale real estate is 50 years old
The Rental Market in Montvale
- Renters make up 16.6% of the Montvale population
- 0.0% of houses and apartments in Montvale, 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

  HousingMontvale, New JerseyUnited States
  2,987.0139,647,020.0
  5442
  $710,000$338,100
  9.0%16.6%
  33.0%57.0%
  52.1%101.1%
  $21.84$10.98
  $10,001$2,690
  86.0%57.4%
  2.2%11.2%
  11.7%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  0.3%3.6%
  1.9%4.1%
  Value of Owner-Occupied Housing
  0.8%2.6%
  0.0%2.4%
  0.0%2.8%
  0.0%3.9%
  0.0%4.5%
  0.4%11.3%
  1.5%13.0%
  1.4%20.1%
  8.3%13.6%
  13.6%8.3%
  38.0%9.7%
  26.1%3.9%
  8.6%2.2%
  1.2%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  9.3%13.6%
  9.3%13.6%
  7.9%13.6%
  4.9%13.2%
  12.0%14.8%
  7.9%13.6%
  15.1%10.0%
  3.8%4.7%
  13.5%12.2%
Reviews for Montvale
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Terrific location in northern NJ provides access to all kinds of entertainment, culture, experiences, etc. Great schools. Only problem is the cost of living in  More

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Over 16 years ago

As is the case in most of the New York City metropolitan area, the cost of living is so high as to be absurd. The high costs of housing, utilities, entertainment, and  More

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