Zip 07461 (Sussex, NJ) Housing

The housing market in Sussex, NJ (zip code 07461) is currently valued at $345,800. This is slightly higher than the US median price of $338,100. While home values have appreciated nationwide over the past year with an increase of 8.27%, homes in Sussex have seen a slightly lower appreciation rate of 7.56%. This appreciation rate suggests that while the housing market in this area has grown over the past year, it has done so at a noticeably slower pace than other areas of the country.

The median home cost in Sussex (zip 07461) is $345,800. Home appreciation the last 10 years has been 51.6%. Home Appreciation in Sussex (zip 07461) is up 12.7%.

Average Age of Homes

- The median age of Sussex (zip 07461) real estate is 41 years old

The Rental Market in Sussex (zip 07461)

- Renters make up 13.6% of the Sussex (zip 07461) population
- 1.8% of houses and apartments in Sussex (zip 07461), 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	Sussex, New Jersey	United States
	7,727.0	139,647,020.0
	46	42
	$345,800	$338,100
	12.7%	16.6%
	39.2%	57.0%
	51.6%	101.1%
	$25.28	$10.98
	$7,243	$2,690
	73.1%	57.4%
	12.9%	11.2%
	14.0%	31.4%
Vacant Housing
	1.8%	1.9%
	0.3%	0.4%
	1.1%	0.7%
	0.6%	0.4%
	6.9%	3.6%
	2.3%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	1.9%	2.4%
	1.5%	2.8%
	0.4%	3.9%
	0.2%	4.5%
	4.8%	11.3%
	9.5%	13.0%
	35.2%	20.1%
	29.7%	13.6%
	10.1%	8.3%
	4.4%	9.7%
	0.2%	3.9%
	0.4%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.3%	13.6%
	12.3%	13.6%
	9.8%	13.6%
	15.6%	13.2%
	19.6%	14.8%
	9.8%	13.6%
	7.3%	10.0%
	4.7%	4.7%
	14.1%	12.2%

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