The housing market in 07934 Peapack and Gladstone, NJ is strong compared to the national average. The median value of a home in this community is $835,400, nearly two and a half times the national median of $338,100. Despite the high cost of living here, it still remains an attractive option for those who can afford it as homes have appreciated 6.48% in the last year alone. This is slightly lower than the national rate of 8.27%, but still a healthy growth rate that bodes well for homeowners in the long run.
The median home cost in Peapack and Gladstone (zip 07934) is $835,400. Home appreciation the last 10 years has been 44.3%. Home Appreciation in Peapack and Gladstone (zip 07934) is up 12.1%.
Average Age of Homes
- The median age of Peapack and Gladstone (zip 07934) real estate is 51 years old
The Rental Market in Peapack and Gladstone (zip 07934)
- Renters make up 19.6% of the Peapack and Gladstone (zip 07934) population
- 0.0% of houses and apartments in Peapack and Gladstone (zip 07934), 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.