The housing market in 07860 Newton, NJ is thriving; the median value of a house is currently $333,000, which is slightly lower than the U.S. median value of $338,100. With an appreciation of 10.13% over the last year, Newton has experienced a higher percentage increase in housing values than the 8.27% seen nationally. This makes Newton an attractive option for potential home buyers and investors alike.
The median home cost in Newton (zip 07860) is $333,000. Home appreciation the last 10 years has been 56.2%. Home Appreciation in Newton (zip 07860) is up 14.2%.
Average Age of Homes
- The median age of Newton (zip 07860) real estate is 48 years old
The Rental Market in Newton (zip 07860)
- Renters make up 20.1% of the Newton (zip 07860) population
- 2.0% of houses and apartments in Newton (zip 07860), 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.