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Packanack Lake, NJ Housing
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United States
/
New Jersey
/
New York-Newark-Jersey City Metro Area
/
Passaic County
/ Packanack Lake /
Zip Codes
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Packanack Lake, NJ is a great place to purchase a house. The median value of a home in Packanack Lake is $560,300, significantly higher than the US House median value of $338,100. Furthermore, the US housing market increased by 8.27% over the past year while houses in Packanack Lake appreciated by 12.70%. This trend suggests that overall Packanack Lake's housing market is stronger and more stable than the national average. Therefore those looking to invest in real estate should strongly consider Packanack Lake as an attractive option.
Median Monthly Rent by Number of Bedrooms
Housing by Year Built
Housing
Packanack Lake, New Jersey
United States
Number of Homes
2,046.0
139,647,020.0
Median Home Age
65
42
Median Home Cost
$560,300
$338,100
Home Appr. Last 12 months
12.7%
16.6%
Home Appr. Last 5 yrs.
39.2%
57.0%
Home Appr. Last 10 yrs.
51.6%
101.1%
Property Tax Rate
$29.97
$10.98
Property Taxes Paid
$10,001
$2,690
Homes Owned
96.9%
57.4%
Housing Vacant
0.5%
11.2%
Homes Rented
2.6%
31.4%
Vacant Housing
Vacant For Rent
0.0%
1.9%
Vacant Rented
0.0%
0.4%
Vacant For Sale
0.5%
0.7%
Vacant Sold
0.0%
0.4%
Vacant Vacation
0.0%
3.6%
Vacant Other
0.0%
4.1%
Value of Owner-Occupied Housing
Less Than $20,000
0.2%
2.6%
$20,000 to $39,999
0.3%
2.4%
$40,000 to $59,999
0.0%
2.8%
$60,000 to $79,999
0.0%
3.9%
$80,000 to $99,999
0.0%
4.5%
$100,000 to $149,999
0.0%
11.3%
$150,000 to $199,999
0.0%
13.0%
$200,000 to $299,999
1.7%
20.1%
$300,000 to $399,999
16.3%
13.6%
$400,000 to $499,999
28.6%
8.3%
$500,000 to $749,999
45.9%
9.7%
$750,000 to $999,999
5.3%
3.9%
$1,000,000 to $1,499,999
1.8%
2.2%
$1,500,000 to $1,999,999
0.0%
0.8%
$2,000,000 and over
0.0%
1.1%
Housing Units by Year Structure Built
2014 and newer
0.0%
0.2%
2010 to 2013
0.4%
13.6%
2000 to 2009
0.4%
13.6%
1990 to 1999
3.0%
13.6%
1980 to 1989
2.2%
13.2%
1970 to 1979
6.3%
14.8%
1960 to 1969
3.0%
13.6%
1950 to 1959
38.6%
10.0%
1940 to 1949
14.7%
4.7%
1939 or Earlier
13.8%
12.2%
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