The housing market in Teterboro, NJ (zip code 07608) is doing well. The median value of houses in the area is $649,000, which is much higher than the US median house value of $338,100. In the last year alone, there has been an increase of 10.32% in house values in the Teterboro area, compared to an 8.27% increase across the US. This strong appreciation rate indicates a healthy and vibrant housing market in this particular zip code.
The median home cost in Teterboro (zip 07608) is $649,000. Home appreciation the last 10 years has been 52.1%. Home Appreciation in Teterboro (zip 07608) is up 9.0%.
Average Age of Homes
- The median age of Teterboro (zip 07608) real estate is 43 years old
The Rental Market in Teterboro (zip 07608)
- Renters make up 96.6% of the Teterboro (zip 07608) population
- 0.0% of houses and apartments in Teterboro (zip 07608), 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.