Zip 07003 (Bloomfield, NJ) Housing

Housing in 07003 Bloomfield, NJ is significantly more expensive than the US House Median Value of $338,100. The median value of housing in this area is around $463,000 which is a 37% increase from the national average. Over the past year, house appreciation in this area has gone up 10.07%, which is 2% higher than the US average of 8.27%. This area is a desirable location for many home buyers and shows great promise for future investment opportunities.

The median home cost in Bloomfield (zip 07003) is $463,000. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Bloomfield (zip 07003) is up 13.9%.

Average Age of Homes

- The median age of Bloomfield (zip 07003) real estate is 74 years old

The Rental Market in Bloomfield (zip 07003)

- Renters make up 41.4% of the Bloomfield (zip 07003) population
- 0.4% of houses and apartments in Bloomfield (zip 07003), 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	Bloomfield, New Jersey	United States
	20,785.0	139,647,020.0
	73	42
	$463,000	$338,100
	13.9%	16.6%
	43.7%	57.0%
	66.2%	101.1%
	$29.15	$10.98
	$10,001	$2,690
	49.2%	57.4%
	4.0%	11.2%
	46.8%	31.4%
Vacant Housing
	0.4%	1.9%
	0.3%	0.4%
	0.6%	0.7%
	0.5%	0.4%
	0.0%	3.6%
	2.2%	4.1%
Value of Owner-Occupied Housing
	1.5%	2.6%
	0.3%	2.4%
	0.4%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	1.0%	11.3%
	3.8%	13.0%
	24.0%	20.1%
	32.0%	13.6%
	23.7%	8.3%
	12.9%	9.7%
	0.4%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.5%	13.6%
	2.5%	13.6%
	2.3%	13.6%
	4.4%	13.2%
	6.6%	14.8%
	2.3%	13.6%
	14.2%	10.0%
	12.2%	4.7%
	40.1%	12.2%

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