Zip 08863 (Fords, NJ) Housing

The housing market in Fords, New Jersey (08863) is currently quite strong. According to recent data, the median value of a home in Fords is $390,600, which is significantly higher than the US median value of $338,100. Furthermore, in the past year homes in Fords have appreciated by 10.79%, while the national average was only 8.27%. This indicates that investment in real estate in this area has been especially lucrative recently and is a strong indication of continued growth for the foreseeable future.

The median home cost in Fords (zip 08863) is $390,600. Home appreciation the last 10 years has been 60.4%. Home Appreciation in Fords (zip 08863) is up 15.1%.

Average Age of Homes

- The median age of Fords (zip 08863) real estate is 61 years old

The Rental Market in Fords (zip 08863)

- Renters make up 26.3% of the Fords (zip 08863) population
- 0.5% of houses and apartments in Fords (zip 08863), 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	Fords, New Jersey	United States
	4,593.0	139,647,020.0
	64	42
	$390,600	$338,100
	15.1%	16.6%
	43.3%	57.0%
	60.4%	101.1%
	$26.66	$10.98
	$8,739	$2,690
	67.1%	57.4%
	5.3%	11.2%
	27.6%	31.4%
Vacant Housing
	0.5%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	4.8%	4.1%
Value of Owner-Occupied Housing
	2.2%	2.6%
	0.3%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	5.4%	13.0%
	30.1%	20.1%
	43.4%	13.6%
	13.2%	8.3%
	4.4%	9.7%
	1.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.5%	13.6%
	1.5%	13.6%
	0.6%	13.6%
	4.5%	13.2%
	12.5%	14.8%
	0.6%	13.6%
	31.6%	10.0%
	8.8%	4.7%
	19.5%	12.2%

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