The housing in 07652 Paramus, NJ is significantly more expensive than the US House Median Value of $338,100. The median value of housing in this area is a whopping $757,800. In comparison to the US House Appreciation of 8.27%, the 1 year house appreciation in 07652 Paramus, NJ is 10.32%. This higher appreciation rate for housing in Paramus demonstrates that it is an attractive location for real estate investment. Given these figures, it's not surprising that housing costs are so high in this area.
The median home cost in Paramus (zip 07652) is $757,800. Home appreciation the last 10 years has been 52.1%. Home Appreciation in Paramus (zip 07652) is up 9.0%.
Average Age of Homes
- The median age of Paramus (zip 07652) real estate is 56 years old
The Rental Market in Paramus (zip 07652)
- Renters make up 11.6% of the Paramus (zip 07652) population
- 0.8% of houses and apartments in Paramus (zip 07652), 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.