Tenafly, NJ (07670) is an affluent suburb of New York City, and this is reflected in its housing median value which is a whopping $952,500. This is nearly three times the national median house value of $338,100 and the appreciation rate for the past year in Tenafly has also been higher than the national average at 10.32%. Tenafly has a diverse range of high-end real estate options from luxury condos to single family homes and everything in between. Despite being pricey, there are plenty of buyers eager to take advantage of the area's excellent schools and proximity to NYC.
The median home cost in Tenafly (zip 07670) is $952,500. Home appreciation the last 10 years has been 52.1%. Home Appreciation in Tenafly (zip 07670) is up 9.0%.
Average Age of Homes
- The median age of Tenafly (zip 07670) real estate is 63 years old
The Rental Market in Tenafly (zip 07670)
- Renters make up 24.9% of the Tenafly (zip 07670) population
- 0.0% of houses and apartments in Tenafly (zip 07670), 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.