Housing in Bergenfield, NJ is more expensive than the national median, with the median value in Bergenfield standing at $461,000 compared to $338,100 nationally. The US house appreciation rate for the past year was 8.27%, while in Bergenfield it was higher at 10.32%. This suggests that housing in Bergenfield is a viable investment opportunity for those looking for long-term gains. The appreciation rate in Bergenfield indicates that it is a desirable community and a great place to buy property.
The median home cost in Bergenfield is $461,000. Home appreciation the last 10 years has been 52.1%. Home Appreciation in Bergenfield is up 9.0%.
Average Age of Homes
- The median age of Bergenfield real estate is 64 years old
The Rental Market in Bergenfield
- Renters make up 30.6% of the Bergenfield population
- 0.4% of houses and apartments in Bergenfield, 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.