Housing in 07421 Hewitt, NJ is quite expensive compared to the national median value of $338,100, with a median value of $362,400. Despite being more expensive than the US average, home prices in this area have only appreciated by 7.56% over the past year, a rate that is less than the national average of 8.27%. This indicates that although housing in 07421 Hewitt may be relatively expensive, it is still a good investment choice in terms of appreciation.
The median home cost in Hewitt (zip 07421) is $362,400. Home appreciation the last 10 years has been 51.6%. Home Appreciation in Hewitt (zip 07421) is up 12.7%.
Average Age of Homes
- The median age of Hewitt (zip 07421) real estate is 53 years old
The Rental Market in Hewitt (zip 07421)
- Renters make up 12.3% of the Hewitt (zip 07421) population
- 1.8% of houses and apartments in Hewitt (zip 07421), 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.