Zip 07018 (East Orange, NJ) Housing

The housing market in East Orange, NJ (07018) is booming. The median value of houses in the area is currently at $360,000, which is higher than the national average of $338,100. Additionally, in the past year, East Orange has experienced a 10.07% appreciation rate for houses which is higher than the US's 8.27%. This indicates that there has been good investment growth and an increase in demand for homes in the East Orange area over the past year.

The median home cost in East Orange (zip 07018) is $360,000. Home appreciation the last 10 years has been 66.2%. Home Appreciation in East Orange (zip 07018) is up 13.9%.

Average Age of Homes

- The median age of East Orange (zip 07018) real estate is 61 years old

The Rental Market in East Orange (zip 07018)

- Renters make up 63.5% of the East Orange (zip 07018) population
- 4.3% of houses and apartments in East Orange (zip 07018), 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	East Orange, New Jersey	United States
	13,094.0	139,647,020.0
	64	42
	$360,000	$338,100
	13.9%	16.6%
	43.7%	57.0%
	66.2%	101.1%
	$34.18	$10.98
	$8,206	$2,690
	18.8%	57.4%
	12.9%	11.2%
	68.4%	31.4%
Vacant Housing
	4.3%	1.9%
	0.4%	0.4%
	0.9%	0.7%
	0.2%	0.4%
	0.0%	3.6%
	7.1%	4.1%
Value of Owner-Occupied Housing
	2.6%	2.6%
	2.2%	2.4%
	0.9%	2.8%
	1.7%	3.9%
	3.1%	4.5%
	8.5%	11.3%
	19.6%	13.0%
	33.6%	20.1%
	16.9%	13.6%
	6.0%	8.3%
	4.6%	9.7%
	0.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.8%	13.6%
	5.8%	13.6%
	4.1%	13.6%
	9.1%	13.2%
	9.2%	14.8%
	4.1%	13.6%
	16.9%	10.0%
	11.7%	4.7%
	26.8%	12.2%

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