Zip 07031 (North Arlington, NJ) Housing

In 07031 North Arlington, NJ the median value of housing is $493,700, which is considerably higher than the US median value of $338,100. Additionally, in the past year house appreciation in 07031 North Arlington has been 10.07%, surpassing the national average of 8.27%. This indicates that property values have risen significantly in this area over the last year - making it an attractive option for those looking to invest in real estate.

The median home cost in North Arlington (zip 07031) is $493,700. Home appreciation the last 10 years has been 66.2%. Home Appreciation in North Arlington (zip 07031) is up 13.9%.

Average Age of Homes

- The median age of North Arlington (zip 07031) real estate is 63 years old

The Rental Market in North Arlington (zip 07031)

- Renters make up 46.9% of the North Arlington (zip 07031) population
- 0.6% of houses and apartments in North Arlington (zip 07031), 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	North Arlington, New Jersey	United States
	6,975.0	139,647,020.0
	66	42
	$493,700	$338,100
	13.9%	16.6%
	43.7%	57.0%
	66.2%	101.1%
	$21.84	$10.98
	$10,001	$2,690
	46.4%	57.4%
	4.5%	11.2%
	49.1%	31.4%
Vacant Housing
	0.6%	1.9%
	0.0%	0.4%
	0.4%	0.7%
	0.9%	0.4%
	0.0%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	2.8%	2.6%
	0.7%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.5%	11.3%
	2.6%	13.0%
	17.4%	20.1%
	29.6%	13.6%
	28.5%	8.3%
	15.6%	9.7%
	1.9%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.2%	13.6%
	1.2%	13.6%
	3.6%	13.6%
	6.0%	13.2%
	4.5%	14.8%
	3.6%	13.6%
	36.5%	10.0%
	18.2%	4.7%
	14.5%	12.2%

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