Zip 07070 (Rutherford, NJ) Housing

Rutherford, NJ (07070) is a great place to buy a home. The median value of housing in the area is $587,900, which is much higher than the US median value of $338,100. Over the last year, house appreciation has risen 10.07% in Rutherford, NJ compared to 8.27% nationally. This makes it a great option for those looking for an investment property or to move to the area and buy a home. The higher median house value also indicates that this area still remains desirable for prospective buyers despite recent market trends.

The median home cost in Rutherford (zip 07070) is $587,900. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Rutherford (zip 07070) is up 13.9%.

Average Age of Homes

- The median age of Rutherford (zip 07070) real estate is 70 years old

The Rental Market in Rutherford (zip 07070)

- Renters make up 37.8% of the Rutherford (zip 07070) population
- 0.6% of houses and apartments in Rutherford (zip 07070), 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	Rutherford, New Jersey	United States
	6,946.0	139,647,020.0
	77	42
	$587,900	$338,100
	13.9%	16.6%
	43.7%	57.0%
	66.2%	101.1%
	$21.84	$10.98
	$10,001	$2,690
	59.3%	57.4%
	3.3%	11.2%
	37.4%	31.4%
Vacant Housing
	0.6%	1.9%
	0.0%	0.4%
	1.0%	0.7%
	0.3%	0.4%
	0.0%	3.6%
	1.4%	4.1%
Value of Owner-Occupied Housing
	0.6%	2.6%
	0.5%	2.4%
	1.9%	2.8%
	2.5%	3.9%
	0.0%	4.5%
	2.8%	11.3%
	0.2%	13.0%
	3.0%	20.1%
	14.3%	13.6%
	24.9%	8.3%
	40.5%	9.7%
	7.7%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	2.6%	13.6%
	2.6%	13.6%
	3.2%	13.6%
	3.1%	13.2%
	4.2%	14.8%
	3.2%	13.6%
	17.4%	10.0%
	18.6%	4.7%
	41.8%	12.2%

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