South Hackensack, NJ is an affluent area with a median housing value of $559,000, significantly higher than the national median housing value of $338,100. Over the past year, the US house appreciation rate was 8.27%, while South Hackensack's rate was even higher at 10.32%. This indicates that investing in property in this area could be a great financial decision for potential homeowners in the future.
The median home cost in South Hackensack is $559,000. Home appreciation the last 10 years has been 52.1%. Home Appreciation in South Hackensack is up 9.0%.
Average Age of Homes
- The median age of South Hackensack real estate is 56 years old
The Rental Market in South Hackensack
- Renters make up 49.6% of the South Hackensack population
- 0.5% of houses and apartments in South Hackensack, 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.