The housing market in 07430 Mahwah, NJ is quite robust. According to the data, the median value of homes in this area is $568,900, which is significantly higher than the national median value of $338,100. In addition, this area has experienced a 7.56% one-year appreciation rate for homes - slightly below the national average of 8.27%. This suggests that the housing market is doing well in 07430 Mahwah, NJ and that there may be good investment opportunities there.
The median home cost in Mahwah (zip 07430) is $568,900. Home appreciation the last 10 years has been 51.6%. Home Appreciation in Mahwah (zip 07430) is up 12.7%.
Average Age of Homes
- The median age of Mahwah (zip 07430) real estate is 33 years old
The Rental Market in Mahwah (zip 07430)
- Renters make up 15.3% of the Mahwah (zip 07430) population
- 0.1% of houses and apartments in Mahwah (zip 07430), 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.