The median value of housing in 07506 Hawthorne, NJ is $486,200 according to recent data. This is significantly higher than the US median value which stands at $338,100. In addition, the 1 year appreciation rate for housing in 07506 Hawthorne, NJ has been 8.22%, which is almost the same as the national 1 year appreciation rate of 8.27%. Clearly this indicates that there is a strong market for housing in 07506 Hawthorne, NJ and potential buyers should take advantage of this opportunity to purchase a home in this area.
The median home cost in Hawthorne (zip 07506) is $486,200. Home appreciation the last 10 years has been 62.6%. Home Appreciation in Hawthorne (zip 07506) is up 10.8%.
Average Age of Homes
- The median age of Hawthorne (zip 07506) real estate is 62 years old
The Rental Market in Hawthorne (zip 07506)
- Renters make up 32.1% of the Hawthorne (zip 07506) population
- 0.7% of houses and apartments in Hawthorne (zip 07506), 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.