The housing in 07512 Totowa, NJ has a median value of $512,000, which is higher than the US house median value of $338,100. The US 1-year house appreciation rate is 8.27%, while the 1-year appreciation rate in Totowa is 8.22%. This shows that houses in Totowa are gaining value at a rate comparable to the national average. With these high median values and steady appreciation rates, it's no wonder that 07512 Totowa, NJ is a desirable place to live.
The median home cost in Totowa (zip 07512) is $512,000. Home appreciation the last 10 years has been 62.6%. Home Appreciation in Totowa (zip 07512) is up 10.8%.
Average Age of Homes
- The median age of Totowa (zip 07512) real estate is 59 years old
The Rental Market in Totowa (zip 07512)
- Renters make up 18.5% of the Totowa (zip 07512) population
- 1.4% of houses and apartments in Totowa (zip 07512), 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.