Zip 07828 (Budd Lake, NJ) Housing

Housing in 07828 Budd Lake, NJ is relatively expensive compared to the US median value. At $428,800, the median value of housing in the area is roughly 27% higher than the US median of $338,100. Additionally, house appreciation in 07828 Budd Lake has been increasing at a rate of 10.13% annually, which is greater than the 8.27% national average. The real estate market in this area has been consistently growing and shows promise for future investments.

The median home cost in Budd Lake (zip 07828) is $428,800. Home appreciation the last 10 years has been 56.2%. Home Appreciation in Budd Lake (zip 07828) is up 14.2%.

Average Age of Homes

- The median age of Budd Lake (zip 07828) real estate is 42 years old

The Rental Market in Budd Lake (zip 07828)

- Renters make up 48.3% of the Budd Lake (zip 07828) population
- 1.4% of houses and apartments in Budd Lake (zip 07828), 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

Housing	Budd Lake, New Jersey	United States
	5,937.0	139,647,020.0
	46	42
	$428,800	$338,100
	14.2%	16.6%
	45.7%	57.0%
	56.2%	101.1%
	$22.02	$10.98
	$10,001	$2,690
	53.4%	57.4%
	4.0%	11.2%
	42.6%	31.4%
Vacant Housing
	1.4%	1.9%
	0.0%	0.4%
	0.5%	0.7%
	0.0%	0.4%
	0.6%	3.6%
	1.5%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	0.9%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	1.2%	4.5%
	0.0%	11.3%
	8.6%	13.0%
	16.3%	20.1%
	34.4%	13.6%
	21.6%	8.3%
	15.6%	9.7%
	1.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.4%	13.6%
	4.4%	13.6%
	11.1%	13.6%
	11.4%	13.2%
	34.6%	14.8%
	11.1%	13.6%
	6.8%	10.0%
	9.5%	4.7%
	6.2%	12.2%

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