Zip 07026 (Garfield, NJ) Housing

The housing market in 07026 Garfield, NJ is very strong. The median value in this area is $472,500, which is significantly higher than the US median value of $338,100. Over the past year, the appreciation of house prices has been impressive with a rate of 10.07%, more than double the national average of 8.27%. This demonstrates that homeowners in this area are likely to see a good return on their investment and that Garfield is an attractive place to buy property.

The median home cost in Garfield (zip 07026) is $472,500. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Garfield (zip 07026) is up 13.9%.

Average Age of Homes

- The median age of Garfield (zip 07026) real estate is 64 years old

The Rental Market in Garfield (zip 07026)

- Renters make up 60.2% of the Garfield (zip 07026) population
- 1.9% of houses and apartments in Garfield (zip 07026), 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	Garfield, New Jersey	United States
	12,440.0	139,647,020.0
	70	42
	$472,500	$338,100
	13.9%	16.6%
	43.7%	57.0%
	66.2%	101.1%
	$23.15	$10.98
	$8,634	$2,690
	42.5%	57.4%
	5.5%	11.2%
	52.0%	31.4%
Vacant Housing
	1.9%	1.9%
	0.0%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	3.1%	4.1%
Value of Owner-Occupied Housing
	2.4%	2.6%
	0.1%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	1.6%	11.3%
	4.4%	13.0%
	17.0%	20.1%
	33.6%	13.6%
	20.4%	8.3%
	19.4%	9.7%
	0.6%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.6%	13.6%
	1.6%	13.6%
	3.2%	13.6%
	4.3%	13.2%
	7.2%	14.8%
	3.2%	13.6%
	21.2%	10.0%
	14.5%	4.7%
	32.5%	12.2%

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