Zip 07401 (Allendale, NJ) Housing

Housing in 07401 Allendale, NJ is quite valuable compared to the US median value. According to recent data, the median house value in 07401 Allendale is $822,900, a significant increase from the US median of $338,100. Furthermore, while US housing appreciation was 8.27%, appreciation in 07401 Allendale was slightly lower at 7.56%. This indicates that housing in 07401 Allendale is steadily increasing and has strong potential for further growth.

The median home cost in Allendale (zip 07401) is $822,900. Home appreciation the last 10 years has been 51.6%. Home Appreciation in Allendale (zip 07401) is up 12.7%.

Average Age of Homes

- The median age of Allendale (zip 07401) real estate is 54 years old

The Rental Market in Allendale (zip 07401)

- Renters make up 10.2% of the Allendale (zip 07401) population
- 5.2% of houses and apartments in Allendale (zip 07401), 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	Allendale, New Jersey	United States
	2,361.0	139,647,020.0
	57	42
	$822,900	$338,100
	12.7%	16.6%
	39.2%	57.0%
	51.6%	101.1%
	$21.84	$10.98
	$10,001	$2,690
	71.8%	57.4%
	6.3%	11.2%
	21.9%	31.4%
Vacant Housing
	5.2%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	1.1%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	1.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	0.0%	13.0%
	0.7%	20.1%
	2.3%	13.6%
	12.1%	8.3%
	37.3%	9.7%
	19.4%	3.9%
	20.6%	2.2%
	6.5%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	0.6%	13.6%
	0.6%	13.6%
	14.9%	13.6%
	10.0%	13.2%
	6.8%	14.8%
	14.9%	13.6%
	22.7%	10.0%
	0.6%	4.7%
	19.1%	12.2%

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