Zip 07480 (West Milford, NJ) Housing


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Housing in 07480 West Milford, NJ is quite expensive compared to the US House Median Value of $338,100 with the median value being $378,900. However, appreciation of this housing market has been slightly lower than the US 1 year House Appreciation of 8.27%, with a 1 year appreciation rate of 7.56%. Despite the slightly lower rate of appreciation for house values in West Milford, it remains an attractive housing investment option due to its higher-than-average median value.

The median home cost in West Milford (zip 07480) is $378,900. Home appreciation the last 10 years has been 51.6%. Home Appreciation in West Milford (zip 07480) is up 12.7%.

Average Age of Homes
- The median age of West Milford (zip 07480) real estate is 48 years old
The Rental Market in West Milford (zip 07480)
- Renters make up 10.2% of the West Milford (zip 07480) population
- 0.0% of houses and apartments in West Milford (zip 07480), 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

  HousingWest Milford, New JerseyUnited States
  6,364.0139,647,020.0
  5242
  $378,900$338,100
  12.7%16.6%
  39.2%57.0%
  51.6%101.1%
  $30.89$10.98
  $9,244$2,690
  83.5%57.4%
  6.1%11.2%
  10.4%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  2.9%3.6%
  3.2%4.1%
  Value of Owner-Occupied Housing
  2.5%2.6%
  1.0%2.4%
  0.0%2.8%
  0.3%3.9%
  1.3%4.5%
  5.9%11.3%
  5.8%13.0%
  33.4%20.1%
  28.1%13.6%
  10.2%8.3%
  8.2%9.7%
  1.5%3.9%
  0.4%2.2%
  0.5%0.8%
  0.8%1.1%
  Housing Units by Year Structure Built
  0.1%0.2%
  8.1%13.6%
  8.1%13.6%
  9.1%13.6%
  17.7%13.2%
  11.9%14.8%
  9.1%13.6%
  12.0%10.0%
  7.7%4.7%
  8.3%12.2%
Commute