Zip 07020 (Edgewater, NJ) Housing


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Edgewater, NJ (07020) is a desirable location for many home buyers. The median value of homes in this area is $652,300, which is significantly higher than the median value of homes in the US ($338,100). Furthermore, the house appreciation rate in Edgewater has seen an increase of 10.07% over the past year, which is higher than the national 1 year house appreciation rate of 8.27%. These factors make Edgewater an attractive market for people looking to buy or invest in real estate.

The median home cost in Edgewater (zip 07020) is $652,300. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Edgewater (zip 07020) is up 13.9%.

Average Age of Homes
- The median age of Edgewater (zip 07020) real estate is 23 years old
The Rental Market in Edgewater (zip 07020)
- Renters make up 59.7% of the Edgewater (zip 07020) population
- 8.0% of houses and apartments in Edgewater (zip 07020), 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

  HousingEdgewater, New JerseyUnited States
  7,438.0139,647,020.0
  2742
  $652,300$338,100
  13.9%16.6%
  43.7%57.0%
  66.2%101.1%
  $21.84$10.98
  $9,909$2,690
  38.4%57.4%
  8.7%11.2%
  52.9%31.4%
  Vacant Housing
  8.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  0.0%3.6%
  0.8%4.1%
  Value of Owner-Occupied Housing
  0.5%2.6%
  0.0%2.4%
  0.5%2.8%
  0.0%3.9%
  1.3%4.5%
  0.7%11.3%
  0.0%13.0%
  6.0%20.1%
  7.6%13.6%
  11.4%8.3%
  35.8%9.7%
  18.4%3.9%
  15.9%2.2%
  1.1%0.8%
  0.7%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  24.6%13.6%
  24.6%13.6%
  15.4%13.6%
  14.1%13.2%
  6.2%14.8%
  15.4%13.6%
  2.0%10.0%
  2.5%4.7%
  10.8%12.2%
Commute