The housing market in 07420 Wanaque, NJ is quite healthy with the median value of a house currently at $365,100. This is higher than the US House Median Value of $338,100 and shows that houses in this area are worth more than the national average. The US 1 year House Appreciation rate has been 8.27%, while the 1 year appreciation rate for housing in 07420 Wanaque, NJ is 7.56%. Although slightly lower than the national average, this still indicates that housing values in this area have increased over the past year. Overall, this data suggests that the housing market in 07420 Wanaque, NJ is stable and strong.
The median home cost in Wanaque (zip 07420) is $365,100. Home appreciation the last 10 years has been 51.6%. Home Appreciation in Wanaque (zip 07420) is up 12.7%.
Average Age of Homes
- The median age of Wanaque (zip 07420) real estate is 61 years old
The Rental Market in Wanaque (zip 07420)
- Renters make up 17.7% of the Wanaque (zip 07420) population
- 0.0% of houses and apartments in Wanaque (zip 07420), 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.