Zip 07627 (Demarest, NJ) Housing

The housing in 07627 Demarest, NJ is an impressive market that is highly sought after. The median value of a house in this area is $951,000, which is more than double the national median of $338,100. Additionally, the appreciation rate for houses within the past year has been 10.32%, compared to the US House Appreciation of 8.27%. This data shows that 07627 Demarest, NJ is an area with high housing value and a promising market.

The median home cost in Demarest (zip 07627) is $951,000. Home appreciation the last 10 years has been 52.1%. Home Appreciation in Demarest (zip 07627) is up 9.0%.

Average Age of Homes

- The median age of Demarest (zip 07627) real estate is 57 years old

The Rental Market in Demarest (zip 07627)

- Renters make up 10.1% of the Demarest (zip 07627) population
- 0.0% of houses and apartments in Demarest (zip 07627), 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	Demarest, New Jersey	United States
	1,732.0	139,647,020.0
	59	42
	$951,000	$338,100
	9.0%	16.6%
	33.0%	57.0%
	52.1%	101.1%
	$21.84	$10.98
	$10,001	$2,690
	80.9%	57.4%
	4.4%	11.2%
	14.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	2.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	2.4%	4.1%
Value of Owner-Occupied Housing
	0.0%	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%
	0.0%	20.1%
	1.0%	13.6%
	8.6%	8.3%
	37.0%	9.7%
	23.2%	3.9%
	12.1%	2.2%
	9.5%	0.8%
	8.6%	1.1%
Housing Units by Year Structure Built
	1.4%	0.2%
	5.1%	13.6%
	5.1%	13.6%
	7.3%	13.6%
	4.6%	13.2%
	7.6%	14.8%
	7.3%	13.6%
	26.7%	10.0%
	5.4%	4.7%
	14.6%	12.2%

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