The housing market in 07022 Fairview, NJ is thriving. The median value of a house is $532,900, which is significantly higher than the US House Median Value of $338,100. In addition to this, the 1 year house appreciation in Fairview is 10.07%, which is higher than the national average of 8.27%. This suggests that Fairview is a desirable area to invest in housing and may be appealing for those looking for a place to settle down.
The median home cost in Fairview (zip 07022) is $532,900. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Fairview (zip 07022) is up 13.9%.
Average Age of Homes
- The median age of Fairview (zip 07022) real estate is 65 years old
The Rental Market in Fairview (zip 07022)
- Renters make up 57.6% of the Fairview (zip 07022) population
- 2.7% of houses and apartments in Fairview (zip 07022), 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.