Ramsey, NJ (07446) has a median housing value of $620,600, which is much higher than the US median house value of $338,100. Yet despite the higher median house price, Ramsey only experienced an appreciation rate of 7.56% over the last year in comparison to the US overall 8.27% appreciation rate. Despite this discrepancy, Ramseys housing market remains strong due to its prime location in Northern New Jersey and its easy access to New York City.
The median home cost in Ramsey (zip 07446) is $620,600. Home appreciation the last 10 years has been 51.6%. Home Appreciation in Ramsey (zip 07446) is up 12.7%.
Average Age of Homes
- The median age of Ramsey (zip 07446) real estate is 50 years old
The Rental Market in Ramsey (zip 07446)
- Renters make up 12.0% of the Ramsey (zip 07446) population
- 0.8% of houses and apartments in Ramsey (zip 07446), 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.