Zip 07044 (Verona, NJ) Housing

Housing in Verona, NJ (07044) is appreciated at a higher rate than the US median. The median value of a home in Verona is currently $558,900, which is significantly higher than the US median of $338,100. Furthermore, the one year house appreciation rate in Verona is 10.07%, which is higher than the US 1-year house appreciation rate of 8.27%. This higher appreciation rate indicates that Verona has seen strong demand and growth for homes over the last year.

The median home cost in Verona (zip 07044) is $558,900. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Verona (zip 07044) is up 13.9%.

Average Age of Homes

- The median age of Verona (zip 07044) real estate is 62 years old

The Rental Market in Verona (zip 07044)

- Renters make up 20.8% of the Verona (zip 07044) population
- 0.7% of houses and apartments in Verona (zip 07044), 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	Verona, New Jersey	United States
	6,002.0	139,647,020.0
	67	42
	$558,900	$338,100
	13.9%	16.6%
	43.7%	57.0%
	66.2%	101.1%
	$29.15	$10.98
	$10,001	$2,690
	78.5%	57.4%
	4.8%	11.2%
	16.7%	31.4%
Vacant Housing
	0.7%	1.9%
	0.0%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	1.0%	3.6%
	2.8%	4.1%
Value of Owner-Occupied Housing
	0.3%	2.6%
	1.5%	2.4%
	0.7%	2.8%
	0.1%	3.9%
	0.0%	4.5%
	1.0%	11.3%
	3.8%	13.0%
	7.2%	20.1%
	11.3%	13.6%
	28.8%	8.3%
	36.3%	9.7%
	6.1%	3.9%
	1.5%	2.2%
	1.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.5%	13.6%
	2.5%	13.6%
	1.5%	13.6%
	5.1%	13.2%
	10.5%	14.8%
	1.5%	13.6%
	23.3%	10.0%
	9.4%	4.7%
	31.2%	12.2%

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