The housing market in North Arlington, NJ is a unique and vibrant opportunity for those looking to invest in a home. With the median value being $484,600, it is significantly higher than the US House Median Value which stands at $338,100. This reflects the high demand for home ownership in North Arlington as well as its close proximity to New York City. Additionally, the 1-year House Appreciation rate for North Arlington stands at 10.07%, significantly higher than the US average of 8.27%. This further shows that investing in property in North Arlington can be a highly profitable endeavor with future appreciation rates likely to remain strong due to the high demand and quality of life that this town offers its residents.
The median home cost in North Arlington is $484,600. Home appreciation the last 10 years has been 66.2%. Home Appreciation in North Arlington is up 13.9%.
Average Age of Homes
- The median age of North Arlington real estate is 63 years old
The Rental Market in North Arlington
- Renters make up 46.9% of the North Arlington population
- 0.6% of houses and apartments in North Arlington, 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.