The housing in 07440 Pequannock, NJ is highly sought after. The median value for a house in this area is $510,600, which is higher than the US median value of $338,100. Over the past year, prices have appreciated by 7.56%, slightly below the national average of 8.27%. For those looking to invest in real estate in this area, now could be an opportune time to do so.
The median home cost in Pequannock (zip 07440) is $510,600. Home appreciation the last 10 years has been 51.6%. Home Appreciation in Pequannock (zip 07440) is up 12.7%.
Average Age of Homes
- The median age of Pequannock (zip 07440) real estate is 54 years old
The Rental Market in Pequannock (zip 07440)
- Renters make up 12.1% of the Pequannock (zip 07440) population
- 0.0% of houses and apartments in Pequannock (zip 07440), 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.