Zip 08344 (Newfield, NJ) Housing

The housing in 08344 Newfield, NJ is slightly more appreciated than the national average. The median value of a house in the town is $252,700 which is lower than the US median of $338,100. However, the one year appreciation rate of 10.41% is above the US's 8.27%, showing that houses in Newfield are increasing in value at a faster pace than the rest of the country. This could make it an attractive option for potential homebuyers looking to invest in an area with a good appreciation rate.

The median home cost in Newfield (zip 08344) is $252,700. Home appreciation the last 10 years has been 58.8%. Home Appreciation in Newfield (zip 08344) is up 17.5%.

Average Age of Homes

- The median age of Newfield (zip 08344) real estate is 46 years old

The Rental Market in Newfield (zip 08344)

- Renters make up 15.8% of the Newfield (zip 08344) population
- 1.3% of houses and apartments in Newfield (zip 08344), 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	Newfield, New Jersey	United States
	2,152.0	139,647,020.0
	51	42
	$252,700	$338,100
	17.5%	16.6%
	54.3%	57.0%
	58.8%	101.1%
	$31.61	$10.98
	$5,487	$2,690
	84.6%	57.4%
	10.3%	11.2%
	5.1%	31.4%
Vacant Housing
	1.3%	1.9%
	1.0%	0.4%
	3.4%	0.7%
	1.2%	0.4%
	0.0%	3.6%
	3.5%	4.1%
Value of Owner-Occupied Housing
	8.7%	2.6%
	7.1%	2.4%
	0.9%	2.8%
	2.6%	3.9%
	1.4%	4.5%
	14.6%	11.3%
	28.3%	13.0%
	25.2%	20.1%
	6.6%	13.6%
	3.7%	8.3%
	0.6%	9.7%
	0.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	7.1%	13.6%
	7.1%	13.6%
	7.7%	13.6%
	12.3%	13.2%
	20.7%	14.8%
	7.7%	13.6%
	17.0%	10.0%
	5.3%	4.7%
	13.8%	12.2%

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