Housing in 07856 Mount Arlington, NJ is a great investment. The median value of homes in this area is $420,700, which is significantly higher than the US median house value of $338,100. In addition, there has been a 10.13% house appreciation in Mount Arlington over the last year compared to 8.27% for the nation as a whole. This shows that housing in this area is appreciating faster and may be a better investment than other areas of the country.
The median home cost in Mount Arlington (zip 07856) is $420,700. Home appreciation the last 10 years has been 56.2%. Home Appreciation in Mount Arlington (zip 07856) is up 14.2%.
Average Age of Homes
- The median age of Mount Arlington (zip 07856) real estate is 30 years old
The Rental Market in Mount Arlington (zip 07856)
- Renters make up 19.5% of the Mount Arlington (zip 07856) population
- 7.3% of houses and apartments in Mount Arlington (zip 07856), 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.