The housing market in 07666 Teaneck, NJ is a strong one, with the median value of housing at $503,300. This is significantly higher than the US house median value of $338,100. Not only that, but in the past year there has been an appreciation of 10.32%, which is higher than the national average of 8.27%. All this indicates that Teaneck offers great real estate opportunities and investment potential for those looking to buy or sell in the area.
The median home cost in Teaneck (zip 07666) is $503,300. Home appreciation the last 10 years has been 52.1%. Home Appreciation in Teaneck (zip 07666) is up 9.0%.
Average Age of Homes
- The median age of Teaneck (zip 07666) real estate is 69 years old
The Rental Market in Teaneck (zip 07666)
- Renters make up 21.9% of the Teaneck (zip 07666) population
- 0.1% of houses and apartments in Teaneck (zip 07666), 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.